New Gold Inc. is pleased to announce that Sophie Bergeron and Ross Bhappu have been appointed to its Board of Directors . Sophie brings over 20 years of mining experience with a focus on operations and project management, as well as a strong sustainability background focused on safe mining. Sophie is currently the Managing Director, Diamonds for Rio Tinto Iron and Titanium and Diamonds where responsibilities include [...]
New Gold Inc. is pleased to announce that Richard O'Brien has been appointed as Chair of the Board effective August 1, 2024. Mr. O'Brien was appointed to the Board of Directors on March 25, 2024, where it was announced that he was expected to transition into the Chair role. As previously disclosed, Ian Pearce will retire from the Board of Directors effective August 1, 2024. "On behalf of the Board and New Gold, I would [...]
Company Enters Sustained Free Cash Flow Generation Period New Gold Inc. reports second quarter results for the Company as of June 30, 2024. Second quarter 2024 production was 68,598 gold ounces and 13.6 million pounds of copper as planned, at an operating expense of $1,156 per gold ounce sold 3 and all-in sustaining costs1 of $1,381 per gold ounce sold . Delivering the second quarter as planned resulted in strong cash [...]
New Gold Inc. is pleased to announce that Christian Milau has been appointed to its Board of Directors effective immediately. Christian brings over 25 years of experience in finance, capital markets and mining. He is a mining executive with experience leading growth-oriented exploration, development, and operating mining companies with a focus on gold and copper. His mining experience includes Chief Executive Officer of [...]
New Gold Inc. announces that operations resumed during the day shift on Saturday July 27th at the Rainy River Mine in northwestern Ontario, following the employee fatality reported on July 24th. Operations safely resumed Saturday, as no other equipment or site infrastructure was impacted in the incident. New Gold is supporting the authorities with their investigation. The thoughts of management remain with the family [...]
New Gold Inc. deeply regrets that early this morning, July 24th, 2024, an employee operating a piece of equipment in the open pit was fatally injured at the Rainy River Mine in northwestern Ontario. The health, safety and wellbeing of our employees is our top priority. The Company is working closely with local authorities and an investigation is underway. Operations have been voluntarily suspended. The thoughts of [...]
New Gold Inc. is providing notice that it will release its second quarter 2024 operational and financial results after market close on Tuesday, July 30, 2024. The Company will host its second quarter 2024 earnings conference call and webcast on Wednesday, July 31, 2024 at 8:30 am Eastern Time. Second Quarter 2024 Conference Call and Webcast Participants may listen to the webcast by registering on our website at [...]
PROVIDES CORPORATE ACTIVITIES UPDATE New Gold Inc. is pleased to announce the publication of its 2023 Environmental, Social and Governance Reports and its 2023 Task Force on Climate-Related Financial Disclosures Report . New Gold has published an annual ESG Report since 2015 , reporting on the sustainability-related material topics that matter most to our stakeholders. The 2023 ESG Report and TCFD Report are available on [...]
EXTENDS K-C-ZONE EXTRACTION LEVEL New Gold Inc. is pleased to provide an exploration update for the New Afton copper-gold mine located in British Columbia, Canada. Underground exploration drilling conducted from C-Zone infrastructure intersected bornite-rich mineralization over strike lengths exceeding 200 metres and estimated true widths up to 40 metres. Copper and gold grades are proving to be higher in the [...]
New Gold Inc. is pleased to announce the closing of its "bought deal" equity financing of 100,395,000 common shares, including 13,095,000 common shares issued upon the full exercise of the underwriters' over-allotment option. At a price of $1.72 per common share, the Company raised aggregate gross proceeds of $172,679,400 pursuant to the offering. The offering, announced on May 13, 2024, was conducted by a syndicate of [...]
New Gold Inc. announces the voting results from the election of its Board of Directors at New Gold's Annual General Meeting of Shareholders held on May 14, 2024, as set out below. Election of Directors Director Nominee Votes For % For Votes Withheld % Withheld Patrick Godin 361,329,329 99.53 % 1,717,797 0.47 % Nicholas Chirekos 290,253,990 79.95 % 72,793,135 20.05 % Gillian Davidson 341,491,337 94.06 % 21,555,788 5.94 [...]
TORONTO, May 14, 2024 /CNW/ - Trading resumes in: Company: New Gold Inc. TSX Symbol: NGD All Issues: Yes Resumption : 8:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt [...]