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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 jsnfernleyon Nov 16, 2021 4:10pm
155 Views
Post# 34133581

RE:RE:RE:No concentrate to Vancouver

RE:RE:RE:No concentrate to VancouverThe TransCanada highway above Lytton has washed out, and even though the rail bridge is largely intact, there is some ground missing near the abutments.  It will probably be out of service for some time.

Do you know if this is the only rail line in the area? I tried looking at aerial photos of the area but this is the only one I saw.

New Afton would have to run 6-12 large double trucks daily depending on copper production, concentrate percentage, exact max load for each truck, etc. if not using a rail line to get to port.

https://dailyhive.com/vancouver/sections-trans-canada-highway-washed-away
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