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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

Consumer Cyclical Metals & Mining Home Furnishings & Fixtures Gold
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

New Gold Inc
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Post by Skibum2on Jul 17, 2012 4:44pm
301 Views
Post# 20123170

Star-Up

Star-Up

FYI

Plant running at 60% capacity which is fantastic this early in the start-up cycle.

4 trucks a day to Vancouver with ore destined for India

(at max cap it will be 6 trucks per day)

BM/SM realignment went ok.

The ball mill will have future issues as the alignment is not optimal.

Possible concrete sinking issues.....they have shimmed it up to offset

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities