Provides Three-Year Operational Outlook and Files Updated Technical Reports for New Afton and Rainy River Mines New Gold Inc. is pleased to provide its three-year operational outlook and announces the filing of Technical Reports for the New Afton and Rainy River mines. The Technical Reports were prepared in compliance with National Instrument 43-101 . The Company is also providing its updated Mineral Reserve and Mineral [...]
New Gold Inc. wishes to advise that Mr. Yohann Bouchard and the Company have mutually decided to part ways. Mr. Bouchard's last day as Executive Vice President and Chief Operating Officer was January 31, 2025. New Gold thanks Mr. Bouchard for his contribution and wishes him well with his future endeavors. "I thank Yohann for his contribution to New Gold during his tenure," stated Patrick Godin, President & CEO. "Since [...]
Upcoming Catalysts to Showcase Significant Near-Term Free Cash Flow Generation New Gold Inc. reports fourth quarter and full year operational results for the Company as of December 31, 2024. The Company is providing notice that it will release its operational outlook, technical report summaries for Rainy River and New Afton, and updated Mineral Reserve and Mineral Resource Statement for the Company as of December 31, 2024 [...]
Strong All-in Sustaining Costs Drive Increasing Margins and Record Free Cash Flow Generation, Provides 2024 Operational Outlook Update TORONTO, Oct. 29, 2024 /CNW/ - New Gold Inc. reports third quarter results for the Company as of September 30, 2024. Third quarter 2024 production was 78,369 gold ounces and 12.6 million pounds of copper, at operating expenses of $1,021 per gold ounce sold 3 and all-in sustaining costs1 of [...]
Projects are Expected to Drive Significant Production Growth and Cost Reduction New Gold Inc. is pleased to announce the completion of significant production milestones at the New Afton copper-gold mine in British Columbia and the Rainy River gold mine in Ontario. C-Zone, New Afton's fourth block cave, achieved commercial production ahead of schedule with the materials handling system coming online in October and the cave [...]
New Gold Inc. is providing notice that it will release its third quarter 2024 operational and financial results after market close on Tuesday, October 29, 2024. The Company will host its third quarter 2024 earnings conference call and webcast on Wednesday, October 30, 2024 at 8:30 am Eastern Time. Third Quarter 2024 Conference Call and Webcast Participants may listen to the webcast by registering on our website at [...]
Highlights the Upside Potential from Multiple High-Grade Copper-Gold Porphyry Zones in the Eastern Sector of the Mine New Gold Inc. is pleased to provide an update on its ongoing exploration program at its New Afton mine in British Columbia, Canada. Following successful exploration results at K-Zone earlier this year , exploration drilling in the eastern part of the mine continues to intersect high-grade copper-gold [...]
New Gold Inc. is pleased to provide an update on its ongoing Rainy River exploration program. Over the first eight months of 2024, exploration drilling at Rainy River has proven successful in advancing the Company's exploration objectives to expand existing resource envelopes, confirm the continuity of potential new mining zones, and grow the mineralized footprint through new near-mine discoveries. These results are [...]
New Gold Inc. is pleased to announce that Sophie Bergeron and Ross Bhappu have been appointed to its Board of Directors . Sophie brings over 20 years of mining experience with a focus on operations and project management, as well as a strong sustainability background focused on safe mining. Sophie is currently the Managing Director, Diamonds for Rio Tinto Iron and Titanium and Diamonds where responsibilities include [...]
New Gold Inc. is pleased to announce that Richard O'Brien has been appointed as Chair of the Board effective August 1, 2024. Mr. O'Brien was appointed to the Board of Directors on March 25, 2024, where it was announced that he was expected to transition into the Chair role. As previously disclosed, Ian Pearce will retire from the Board of Directors effective August 1, 2024. "On behalf of the Board and New Gold, I would [...]
Company Enters Sustained Free Cash Flow Generation Period New Gold Inc. reports second quarter results for the Company as of June 30, 2024. Second quarter 2024 production was 68,598 gold ounces and 13.6 million pounds of copper as planned, at an operating expense of $1,156 per gold ounce sold 3 and all-in sustaining costs1 of $1,381 per gold ounce sold . Delivering the second quarter as planned resulted in strong cash [...]
New Gold Inc. is pleased to announce that Christian Milau has been appointed to its Board of Directors effective immediately. Christian brings over 25 years of experience in finance, capital markets and mining. He is a mining executive with experience leading growth-oriented exploration, development, and operating mining companies with a focus on gold and copper. His mining experience includes Chief Executive Officer of [...]