New Gold Inc.

New Gold Inc. provides its annual operational outlook for the New Afton Mine, which had been delayed due to the mud-rush incident that occurred on February 2, 2021. The Company is also providing its annual consolidated operational outlook. The operational outlook for the Rainy River Mine was previously issued on February 10, 2021. All amounts are in U.S. dollars unless otherwise indicated. On February 2, 2021, a tragic [...]

New Gold Inc. provides annual operational outlook for the Rainy River Mine and updated Mineral Reserves and Mineral Resources as of December 31, 2020. Annual operational estimates for the New Afton Mine will be released at a later date. All amounts are in U.S. dollars unless otherwise indicated. Following the tragic underground mud-rush event at the New Afton Mine that occurred on February 2, 2021, the release of annual [...]

New Gold Inc. announces that partial underground operations as well as B3 and C-Zone development activities have resumed over the weekend at the New Afton Mine, located in Kamloops, B.C., following the tragic underground mud-rush incident that occurred on February 2, 2021. "The restarting of mining activities is a significant step for the New Afton Mine as we continue our safe and sequential return to full operations [...]

New Gold Inc. announces that, while ensuring the health, safety and wellbeing of our employees and contractors, surface operations have resumed at the New Afton Mine, located in Kamloops, B.C. The mill facility and tailings operations were restarted yesterday afternoon local time and the mill is currently processing ore from the live pile and intermediate-grade surface stockpile. No surface infrastructure was impacted by [...]

New Gold Inc. provides an update on the tragic incident at the New Afton Mine, located in Kamloops, B.C. On Tuesday, February 2, 2021, the Company reported that an individual employed by a drilling contractor to New Gold was involved in a fatal underground mud-rush incident. The body of the individual was recovered yesterday at approximately 5:30 pm local time. For personal and privacy reasons, the name of the individual [...]

New Gold Inc. announces that at approximately 1:40 am Pacific Time on February 2, 2021, the New Afton Mine, located in the Kamloops, B.C., experienced a mud rush incident involving three individuals. Two New Gold employees received non-life threatening injuries and received medical care while one contract driller is presumed to be deceased. The names of the individuals will not be released until next of kin have been [...]

New Gold Inc. reports fourth quarter and annual operational results for the Company as of December 31, 2020, achieving the mid-range of the revised annual production guidance . An earnings conference call and webcast will be held on February 19, 2021 beginning at 8:30 am Eastern Time to discuss the fourth quarter financial results . All amounts are in U.S. dollars unless otherwise indicated. The Rainy River Mine achieved [...]

New Gold Inc. today announced that it has completed the previously announced partial redemption of $200 million aggregate principal amount of its outstanding 6.375% Senior Notes due 2025. The redemption was funded with cash on hand. Following the completion of the transaction, the Company has approximately $205 million of cash on hand1 and $510 million of liquidity2. Based on cash and cash equivalents as at September 30 [...]

New Gold Inc. today announced that, pursuant to the terms of the indenture governing its 6.375% Senior Notes due 2025, it has issued a notice of redemption to redeem $200 million aggregate principal amount of the outstanding 2025 Notes on December 23, 2020. The redemption of the 2025 Notes will be funded with cash on hand. About New Gold Inc. New Gold is a Canadian-focused intermediate gold mining company with a portfolio [...]

New Gold Inc. reports third quarter results for the Company as of September 30, 2020 and reaffirms its revised annual consolidated guidance, with all-in sustaining costs expected to be below guidance levels, primarily due to lower sustaining capital spend. On July 30, 2020, the Company issued revised guidance estimates for 2020 to incorporate the impact of COVID-19 and readers should refer to the Company's July 30, 2020 [...]