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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

New Gold Inc. is a Canadian intermediate gold mining company with a portfolio of two core producing assets in Canada, namely the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds other Canadian-focused investments. The Company is engaged in the acquisition, exploration and development of natural resource properties. Rainy River is a gold mine located in Northwestern Ontario, Canada, approximately 65 kilometers (km) northwest of Fort Frances, Ontario. The New Afton mine is located approximately 10 km west of Kamloops, approximately 350 km northeast of Vancouver, British Columbia, Canada.


TSX:NGD - Post by User

Bullboard Posts
Post by Skibum2on Jul 06, 2012 5:56pm
332 Views
Post# 20090473

Site Update

Site Update

Concentrator shut down for 2 days

was supposed to start-up Saturday am

Normally when you perfom your tests, you run 6 hours, then shutdown

re-align all items due to the thermal and phsical stresses to the equipment.

After realignment, you run for 24 hours.

Onsite they did not stop after 6 hrs to align

trunion bearings are facked now IE: temperature sensors one each side of trunnion, one set were a lot hotter than the other side, vendor was not onsite because the scheduled start-up was later and NGD did not want to pay.

Thursday, everyone onsite NGD employees, received bonus's for early start, and phot-ops with natives took place, everyone congratulating themselves, and falling over each other

 

It will all come back to bite them

BTW none of the workers were invited for the photo-ops, only the chair swivellers from the office complex

Stay tuned

 

Skibum2

 

Bullboard Posts