New Gold is pleased to announce that it has entered into a definitive agreement with Artemis Gold Inc. to divest its Blackwater Project located in British Columbia. Under the terms of the Agreement, New Gold will receive consideration comprised of the following: C$190 million in cash comprised of C$140 million in cash upon closing of the [...]
New Gold today announces the voting results from the election of its Board of Directors at New Gold’s Annual General and Special Meeting of Shareholders held on May 20, 2020 as set out below. Director Nominee Votes For % For Votes Withheld % Withheld Renaud Adams 326,593,124 99.35% 2,148,048 0.65% Nicholas Chirekos 326,442,217 99.30% 2,298,955 [...]
New Gold Inc. reports first quarter results for the Company as of March 31, 2020. An earnings conference call and webcast will begin at 8:30 am Eastern Time to discuss the first quarter financial results and Financial Statements that are available on the Company’s website at www.newgold.com and on SEDAR at www.sedar.com. The Company uses certain [...]
New Gold Inc. provides notice that it will release its first quarter 2020 financial results before market on Wednesday, April 29, 2020. A conference call and webcast will follow at 8:30 am Eastern Time. Additionally, New Gold provides details for the 2020 Annual General and Special Meeting of Shareholders on May 20, 2020. Shareholders may request a [...]
New Gold Inc. reports preliminary first quarter operational results from the Rainy River and New Afton mines. The Company is also announcing that due to the rapidly changing and unpredictable environment caused by the global COVID-19 pandemic, the Company is withdrawing its 2020 operational guidance until any impact is better understood. During [...]
April 3, 2020 – New Gold Inc. reports that the Rainy River mine has begun a systematic ramp-up of operations following the completion of a voluntary 14-day suspension to adhere to provincial and federal COVID-19 guidelines related to out-of-country travel that impacted a significant portion of the local workforce. As the health and safety of our [...]
March 31, 2020 - New Gold Inc. today reports that it has closed the previously announced strategic partnership with Ontario Teachers? Pension Plan at the New Afton Mine for upfront cash proceeds of $300 million. New Gold now has approximately $590 million in total available liquidity, including approximately $390 million in cash and cash [...]
New Gold Inc. today announced that National Instrument 43-101 technical reports for the Company's Rainy River Mine and New Afton Mine were filed on March 27, 2020. The reports are available under New Gold's profile on SEDAR at www.sedar.com and on the Company's website at www.newgold.com. About New Gold Inc. New Gold is a Canadian-focused [...]
New Gold Inc. reports that its Rainy River Mine, which is close to the United States border, has temporarily suspended operations for a period of two weeks so that its local workforce can follow the fourteen day period of self-isolation as recommended by federal and provincial authorities relating to travel outside Canada as frequent border [...]
New Gold Inc. is pleased to announce that it has entered into a strategic partnership with Ontario Teachers’ Pension Plan . Under the terms of the strategic partnership, Ontario Teachers’ has agreed to acquire a 46.0% free cash flow interest in the New Afton mine with an option to convert the interest into a 46.0% joint venture interest [...]
New Gold Inc. reports fourth quarter and annual results for the Company as well as its operational outlook for 2020. . An earnings conference call and webcast will begin at 12:00 pm Eastern Time to discuss the fourth quarter and year-end financial results and will be followed by a technical session to discuss the updated life of mine plans that [...]
New Gold Inc. reports results of the updated Life of Mine plans for the Rainy River and New Afton Mines. A National Instrument 43-101 Technical Report for each operation will be filed within 45 days. . The Company is also providing updated Mineral Reserves and Resources as of December 31, 2019. A technical session will be webcast directly following [...]