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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
New Gold Inc. reports third quarter operational results for the Company as of September 30, 2020 and reaffirms annual production guidance. An earnings conference call and webcast will be held on November 5, 2020 beginning at 8:30 am Eastern Time to discuss the third quarter financial results. During this quarter, the Rainy River Mine delivered [...]
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, September 21, 2020: S&P/TSX COMPOSITE INDEX – September 21, 2020 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Fortuna Silver Mines Inc. Materials Silver ADDED New Gold Inc Materials Gold [...]
New Gold Inc. today reports that it has closed the previously announced sale of the Blackwater Project to Artemis Gold Inc. for consideration comprised of: Total cash consideration of $190 million comprised of an initial cash payment of $140 million and $50 million in cash payable on August 21, 2021; A gold stream on 8% of gold produced from the [...]
New Gold Inc. reports second quarter results for the Company as of June 30, 2020 as well as its updated operational outlook for 2020. During the quarter, the Company has been able to execute on numerous key strategic opportunities, including the closing of the $300 million partnership with Ontario Teachers' Pension Plan, the divestment of the [...]
