GOLD: US 1,482.70 -12.10 -0.81% Volume: 78 October 11, 2019
TSX: NGD 1.24 -0.08 -6.06% Volume: 944,236 October 11, 2019
NYSE MKT: NGD 0.95 +0.01 +0.95% Volume: 1,271,897 October 14, 2019

New Gold has a portfolio of two core producing assets and a development project in Canada, situated in top-rated, politically secure, mining friendly jurisdictions:

  • Rainy River – a gold-silver mine in Ontario
  • New Afton – a gold-copper mine in British Columbia
  • Blackwater – a gold-silver project in British Columbia.

The Company also owns the Cerro San Pedro gold-silver mine in San Luis Potosi, Mexico, which concluded active mining in 2016 and as of December 31, 2018, has transitioned to the reclamation phase.

New Afton Mine

Type:

Underground block caving gold-copper mine located 10 kilometres from Kamloops, British Columbia.

Start-up:

July 2012

Employees:

486

2018 Production:

77,000 ounces of gold; 85 million pounds of copper

2019 Production (Outlook):

55,000 – 65,000 ounces (gold); 75 - 85 million pounds (copper)

Rainy River Mine

Type:

Open pit gold-silver mine located 50 kilometres northwest of Fort Frances, Ontario

Start-up:

September 2017

Employees:

742

2018 Production:

227,000 ounces (gold)

2019 Production (Outlook):

245,000 – 270,000 ounces (gold)

Cerro San Pedro Mine
– RECLAMATION PHASE

Type:

Open pit gold-silver heap leach mine located in the state of San Luis Potosi in Central Mexico

Start-up:

2006 - completed active mining in mid-2016; has transitioned to reclamation phase as of December 31, 2018

Employees:

138

2018 Production:

10,700 ounces (gold)

2019 Production (Outlook):

N/A

Blackwater Project
– DEVELOPMENT PHASE

Type:

Gold-silver project located 110 kilometres southwest of Vanderhoof, British Columbia

Start-up:

N/A. This site recently received all environmental assessment approvals

Employees:

6

2018 Production:

N/A

2019 Production (Outlook):

N/A