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 [...]
New Gold Inc. reports preliminary second quarter results from the Rainy River and New Afton mines. During this unprecedented COVID-19 period, the health and safety of our workforce and Indigenous and other communities remains our number one concern. We will support all initiatives that align with that objective and will remain vigilant in providing [...]
New Gold Inc. today announces that it has completed the previously announced redemption of its outstanding $400 million 6.25% Senior Notes due 2020. The redemption was funded from the net proceeds of its recent issue of $400 million aggregate principal amount of 7.50% Senior Notes due in 2027 and cash on hand. “The redemption of our 2022 Senior [...]
New Gold today announces that it has completed its offering of $400 million aggregate principal amount of 7.50% Senior Notes due 2027 . New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the redemption of its outstanding 6.25% Senior Notes due 2022 on or about July 10, 2020. About New Gold [...]
New Gold today announced that it has commenced an offering of $400 million aggregate principal amount of Senior Notes due 2027. New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the redemption of its outstanding 6.25% Senior Notes due 2022 , and to pay related fees and expenses. Pursuant to [...]
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