Ian Pearce to retire August 1st, 2024 and Mr. O'Brien to transition to Chair of the Board New Gold Inc. is pleased to announce that Richard O'Brien has been appointed to its Board of Directors effective immediately and will stand for election by shareholders at New Gold's Annual General Meeting on May 14, 2024 . Ian Pearce has informed the Board that he will retire from the Board on August 1, 2024. Following the AGM, it [...]
Achieves Top End of Consolidated Production Guidance and Midpoint of All-In Sustaining Cost Guidance New Gold Inc. reports fourth quarter and full year 2023 results. Full year 2023 production totaled 423,517 gold equivalent1 ounces at all-in sustaining costs2 of $1,545 per gold eq. ounce, achieving the top end of the Company's 2023 gold equivalent production guidance range. Another solid quarterly performance delivered [...]
Provides Inaugural Three-Year Operational Outlook and Updated Mineral Reserves and Resources New Gold Inc. is pleased to provide its inaugural three-year operational outlook and updated Mineral Reserve and Mineral Resources statement for the Company as of December 31, 2023. The Company will host a webcast today at 12:30 pm Eastern Time to discuss these items . The Company uses certain non-GAAP financial performance [...]
Strong Fourth Quarter Results Lead to Achieving Top End of Consolidated 2023 Production Guidance, Growth Initiatives Nearing Completion New Gold Inc. reports fourth quarter and full year operational results for the Company as of December 31, 2023. The Company is also providing notice that it will release its fourth quarter and full year 2023 financial results after market close on Tuesday, February 13, 2024. The Company [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading on Monday, December 18, 2023: S&P/TSX COMPOSITE INDEX - December 18, 2023 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Kelt Exploration Ltd. Energy Oil & Gas Equipment & Services ADDED New Gold Inc Materials Gold DELETED Dye & Durham Limited Information Technology [...]
New Gold Inc. is pleased to announce the promotion of Keith Murphy to Executive Vice President and Chief Financial Officer, effective January 2, 2024. Mr. Murphy will be succeeding Rob Chausse, who will be retiring at the end of 2023, as previously announced this year. Keith Murphy is a Chartered Accountant and an executive with over 15 years of experience in finance, primarily within the mining industry. Mr. Murphy [...]
Strong Results Generate Positive Free Cash Flow, Consolidated 2023 Production Tracking to the Top End of Guidance with All-In Sustaining Cost Tracking to the Low End of Guidance New Gold Inc. reports third quarter results for the Company as of September 30, 2023. Production totaled 111,204 gold equivalent1 ounces at all-in sustaining costs2 of $1,477 per gold eq. ounce. Due to the strong operational performance over the [...]
New Gold Inc. is pleased to provide an update on promising opportunities for mine life extension at New Afton, with the potential to extend the mine life beyond 2030. The Company also reports encouraging drill results and future exploration plans for the K-Zone and AI-Southeast gold-copper zones and presents a regional outlook on exploration initiatives in South-Central British Columbia, with a plan to strategically [...]
Provides Notice of Release of Third Quarter Financial Results New Gold Inc. reports third quarter operational results for the Company as of September 30, 2023. The Company is also providing notice that it will release its third quarter 2023 financial results after market close on Wednesday, October 25, 2023. The Company will host its third quarter 2023 earnings conference call and webcast on Thursday, October 26, 2023 at [...]
TORONTO, Oct. 2, 2023 /CNW/ - New Gold Inc. is pleased to announce the achievement of two key milestones at New Afton's C-Zone Project; completion of the first draw bell at New Afton's C-Zone and commissioning of the final two of 29 dewatering wells at the New Afton Tailings Storage Facility , as planned. C-Zone will now transition to the production ramp-up phase and remains on-track to achieve commercial production in [...]
Underground Mining Activities at New Afton Mine Have Resumed New Gold Inc. confirms the structural integrity of the New Afton tailings storage facility and announces resumption of all underground mining activities at its New Afton Mine, located in Kamloops B.C. As previously mentioned, during regular inspections of the New Afton Tailings Storage Facility completed on August 9th, visual geotechnical variances were observed [...]
New Gold Inc. provides an update on its tailings facilities at the Company's New Afton Mine, located in Kamloops B.C. During regular inspections of the New Afton Tailings Storage Facility completed on August 9th, the Company observed geotechnical variances that require further review by the Engineer of Record . Out of an abundance of caution, the Company has elected to suspend underground mining activities allowing its [...]
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