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Bullboard - Stock Discussion Forum 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... see more

TSX:NGD - Post Discussion

New Gold Inc > Priced for a takeover.
View:
Post by Goldnorte on Oct 09, 2024 7:20am

Priced for a takeover.

Newmont has been looking to divest itself of non-core assets to focus on copper, which is in high demand as the world moves away from fossil fuels, given the metal's role in electric vehicles, solar and wind-energy production. Its chief executive said late last year that the company would be scrutinizing the future of several operations in Canada.
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