Canadian Mining Journal

New Gold Inc

  • News

    New Gold sells Blackwater for $190M

    June 9, 2020 by Northern Miner Staff

    New Gold (TSX: NGD; NYSE-AM: NGD) is selling its Blackwater project in central B.C. to Artemis Gold (TSXV: ARTG) for $190 million in cash. Under the deal, New Gold will be paid $140 million upon closing and $50 million in 12 months. It

  • News

    GOLD: New Gold rejigs mine plans, focuses on cash flow

    February 13, 2020 by Canadian Mining Journal

    TORONTO – With the release of optimized mine plans for both its Rainy River and New Afton mines, New Gold is focusing on cash flow generation. The company also provided full-year financial results and issued guidance for 2020; operating results

  • News

    GOLD-SILVER: New Gold given environmental nod for Blackwater project

    April 16, 2019 by Canadian Mining Journal

    BRITISH COLUMBIA – The federal government has given the environmental okay to the Blackwater gold-silver project 150 km south of Vanderhoof, saying it doesn’t anticipate significant adverse effects. The project is 100% owned by New Gold of Toronto. The project

  • News

    MINING PEOPLE: Arctic Star Exploration, Barkerville Gold, New Gold, and Southern Geoscience Consultants

    October 25, 2018 by Canadian Mining Journal

    Vancouver-based Arctic Star Exploration has appointed executive director Patrick Power to the additional roles of president and CEO. Former president and CEO Scott Eldridge has resigned but remains a director of the company. Francois Vezina is the new COO of

  • News

    MINING PEOPLE: Norton Rose Fulbright, Anaconda Mining, Fission Uranium, and New Gold

    September 13, 2018 by Canadian Mining Journal

    Douglas B. Buchanan, a leading finance lawyer, has  joined the firm of Norton Rose Fulbright to focus on public-private partnerships (P3s). He will work with Doug Fried in the New York City office and Greg Lewis in Vancouver. Anaconda Mining

  • News

    MINING PEOPLE: New Gold, Encanto Potash, and Weir

    July 12, 2018 by Canadian Mining Journal

    The newest director at Toronto-based New Gold is Jim Gowans, a past president of the CIM, chairman of the Mining Association of Canada, and a director of the Conference Board of Canada. He is currently the president and CEO of

  • News

    MINING PEOPLE: New Gold, Banro, Franco-Nevada, and SSR Mining

    May 10, 2018 by Canadian Mining Journal

    New Gold of Toronto has named Raymond Threlkeld as its new president and CEO. He has been a member of the board since 2009 and was New Gold’s COO from December 2016 to September 2017. Threlkeld succeeds Hannes Portman who

  • News

    SEPARATION: Gekko supplies native copper gravity circuit

    March 6, 2018 by Canadian Mining Journal

    VANCOUVER – Gekko Systems has been engaged by New Gold to supply technology for the New Afton copper-gold mine near Kamloops, B.C. New Afton’s new gravity circuit addition will consist of Gekko’s largest in-line pressure jig (IPJ) unit – the

  • GOLD: New Gold Announces Sale of Peak Mines for $58 Million

    November 20, 2017 by Canadian Mining Journal

    TORONTO – New Gold Inc. today announces that it has entered into a binding agreement with Aurelia Metals Limited to sell the Peak Mines located in Cobar, New South Wales, Australia for cash consideration of $58 million. “Peak has generated significant value for New

  • SUSTAINABILITY: New Gold funds First Nations education and employment society

    October 11, 2017 by Canadian Mining Journal

    VANCOUVER – New Gold announced on Oct. 10 that it will provide $100,000 to the Quesnel Dakelh Education and Employment Society. The company poured the first gold at its newly opened Rainy River gold mine 80 km south of Kenora,

  • News

    GOLD: New Gold makes first pour at Rainy River mine

    October 10, 2017 by Canadian Mining Journal

    ONTARIO – Toronto’s First Gold has made the initial gold pour at its Rainy River mine 80 km south of Kenora. The doré bar contains about 500 oz. of gold and 600 oz. of silver. The first ore was fed

  • Feature

    Canada’s four newest gold mines

    September 13, 2017 by Alisha Hiyate

    Despite a tough environment for mine development, several new gold mines are coming online this year in Canada