New Gold Inc. reports the filing of a Technical Report for the Company's Rainy River Mine. The Technical Report was prepared in compliance with National Instrument 43-101 and has an effective date of March 28, 2022. The Technical Report is available on SEDAR and on the Company's website. The primary objective of the Technical Report is to provide an update on the open pit and expanded underground mine plans. The life of [...]
New Gold Inc. is pleased to announce the appointment of Patrick Godin as Executive Vice President and Chief Operating Officer, effective May 2, 2022. Patrick brings with him more than 30 years of technical and operations experience in the mining industry. Most recently, Patrick was Vice President and Chief Operating Officer of Pretium Resources Inc. until the sale of the company to Newcrest Mining Ltd. earlier this month [...]
New Gold Inc. reports fourth quarter and full year 2021 results, updates Mineral Reserves and Mineral Resources for the Company as of December 31, 2021, and provides its 2022 operational outlook. The Company will host a conference call and webcast today at 8:30 am Eastern Time to discuss these items. For detailed information, please refer to the Company's Management's Discussion and Analysis and consolidated financial [...]
New Gold Inc. reports fourth quarter and annual operational results for the Company as of December 31, 2021. The Company is also providing notice that it will release its fourth quarter and full year 2021 financial results and 2022 operational outlook before markets open on Wednesday, February 23, 2022. A conference call and webcast will follow at 8:30 am Eastern Time. "2021 was not without its challenges for New Gold [...]
New Gold Inc. and today reports that it has closed the previously announced sale of the gold stream held on the Blackwater Project located in British Columbia, Canada to Wheaton Precious Metals Corp. for US$300 million. Blackwater is wholly-owned by Artemis Gold Inc. , with New Gold having retained the gold stream as partial consideration for the divestiture of Blackwater to Artemis on August 21, 2020. About New Gold New [...]
New Gold Inc. is pleased to announce that it has entered into a definitive agreement with Wheaton Precious Metals Corp. to sell the existing gold stream held on the Blackwater Project located in British Columbia, Canada . Blackwater is wholly-owned by Artemis Gold Inc. , with New Gold having retained the gold stream as partial consideration for the divestiture of Blackwater to Artemis on August 21, 2020. Details of the [...]
New Gold Inc. provides an update on the impact of the heavy rains, flooding and mudslides experienced in British Columbia, which have disrupted the transportation routes to the Company's New Afton Mine. To date, the flooding in British Columbia has had no material impact on New Afton's infrastructure and operations. We will continue to monitor the situation closely and assess the impact of these events on New Afton and [...]
On-Track to Achieve Updated Consolidated Production and Cost Guidance New Gold Inc. reports third quarter results for the Company as of September 30, 2021. The Company will host a conference call and webcast today at 8:30 am Eastern Time to discuss the third quarter consolidated results . For detailed information, please refer to the Company's Third Quarter Management's Discussion and Analysis and Financial Statements [...]
Talisker Resources Ltd. is pleased to announce that New Gold Inc. has agreed to acquire an additional 5,200,000 common shares of the Company pursuant to the exercise of its top-up right in accordance with the terms of the investor rights agreement entered into between the Company and New Gold at the time of its initial investment , to maintain its 14.9% ownership percentage in the Company. The Company is also pleased to [...]
Provides Notice of Release of Third Quarter Financial Results New Gold Inc. reports third quarter operational results for the Company as of September 30, 2021. The Company is also providing notice that it will release its third quarter 2021 financial results before market on Friday, November 12, 2021. A conference call and webcast will follow at 8:30 am Eastern Time . "The third quarter had its challenges, particularly as [...]
New Gold Inc. and provides an update to its 2021 operational outlook for the Rainy River Mine and the consolidated operational outlook. All amounts are in U.S. dollars unless otherwise indicated. In early August, the Company indicated that July production at Rainy River was primarily from the eastern area of the ODM zone and the realized gold grade from this area was below the modeled gold grade in this period. This trend [...]
New Gold Inc. reports second quarter results for the Company as of June 30, 2021. The Company will host a conference call and webcast today at 8:30 am Eastern Time to discuss the second quarter consolidated results and 2021 operational outlook. For detailed information, please refer to the Company's Second Quarter Management's Discussion and Analysis and Financial Statements that are available on the Company's website at [...]