Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by btshooteron Dec 01, 2005 11:00pm
36 Views
Post# 9954613

RE: underground and mill

RE: underground and mill stokpiker your next point. new mill - will the govt issue permits for a second mill and tailing pond right next to the old one, in 2001 NGD made reference to a techologically leading edge solution for a new mill partly due to location, maybe the new mill would go right in the pit, anyone have any ideas on this, if they cant build a new mill/pond does that mean they have to work out a deal with AME to rebuild the existing mill (which I understand has been almost entirely stripped) and to use the AME tailing pond, maybe this is tecks revenge for NGD scooping their old claims old mill max 9,000 tons per day, only ball mills left, no crushers, float cells went to northgate for kemis, most all other equipment is stripped and sold off, when in red ink bankers make decisions for management, to cover their (bankers) investments. imho a larger capacity mill is required, maybe 12,000 - 15,000 t p d. a new mill directly over the ore body would be most efficient, lift right to mill, lesser cost to transport ore. lifts and conveyors run on electricity, bc is the lowest cost producer in north america, safe to say cost of operations can be negotiated and locked in, for the benefit of the tax and employment possibilities. tech used electric shovels to load the haul trucks when they operated afton! result: project cost of operation can be determined for long term without the variances of fuel, tire and equipment cost increases. the feasibility study might choose to long hole the high grade sections to payback development costs short term, before attempting the block caving. reusing the tailings for fill in the mined areas. this involves removing the water from the tailings and returning the near dry tailings combined with concrete to the location the ore has been removed from, no tailings pond needed. good luck bt.
Bullboard Posts