New Gold Inc
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Rio Tinto, Newmont take extra steps to promote gender equality in mining
Rio Tinto, Newmont, New Gold, SRK Consulting and Centerra Gold are taking additional steps towards promoting gender equality in the mining sector by joining forces with global non-profit organization International Women in Mining. The mining giants joined the 2021 International…
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Time to shine
Amidst a growing gold rally, CMJ highlights Canada’s Top 10 gold mines.
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Artemis tables updated Blackwater PFS with staged development approach
Days after closing the acquisition of the Blackwater gold project in central British Columbia from producer New Gold, Artemis Gold has released the results of a revised prefeasibility study on the asset. The latest study suggests a 23-year open pit…
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Artemis Gold closes Blackwater purchase
Artemis Gold has completed its previously announced acquisition of the Blackwater gold-silver project in central British Columbia from fellow Canadian miner New Gold. The total purchase price comprises an initial payment of $140 million, issue of approximately 7.4 million Artemis shares at…
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New Gold sells Blackwater for $190M
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…
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GOLD: New Gold rejigs mine plans, focuses on cash flow
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…
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GOLD-SILVER: New Gold given environmental nod for Blackwater project
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…
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MINING PEOPLE: Arctic Star Exploration, Barkerville Gold, New Gold, and Southern Geoscience Consultants
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…
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MINING PEOPLE: Norton Rose Fulbright, Anaconda Mining, Fission Uranium, and New Gold
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…
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MINING PEOPLE: New Gold, Encanto Potash, and Weir
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…
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MINING PEOPLE: New Gold, Banro, Franco-Nevada, and SSR Mining
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…
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SEPARATION: Gekko supplies native copper gravity circuit
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…
