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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

Comment by Born2Struggle2on Mar 08, 2021 11:52am
304 Views
Post# 32743461

RE:RENAUD Adams on BNN today ...

RE:RENAUD Adams on BNN today ...Interview ...

- why are costs still AISC $1300 ?

- RR AISC will be in the $1200 this year and below.

- NA transition from existing cave area to new cave aras needing $ 1/2 B up front, costs higher as grade is lower in exhausting the existing cave. Once B3 and C zone in production, capital costs are small. Resulting in Significant reduction in AISC.

- 2025 target is $800 AISC.

- spoke about tragedy

b2s2
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