Who owns New Gold?

Who owns New Gold?

Renaud Adams Mr. Adams has been the President and CEO of New Gold Inc. since 2018 and has over 25 years of experience in the mining industry. He was the President and Chief Executive Officer of Richmont Mines Inc.

Where is New Gold Rainy River mine?

Northwestern Ontario
The Rainy River Gold project is an advanced-stage gold project situated in the Richardson Township, approximately sixty-five kilometres northwest of Fort Frances in Northwestern Ontario.

What does New Gold Inc do?

New Gold Inc. is a Canadian mining company that owns and operates the New Afton gold-silver-copper mine in British Columbia and the Rainy River gold-silver mine in Ontario, Canada.

What is the new gold deposit called?

lodes
Gold may occur as deposits called lodes, or veins, in fractured rock. It may also be dispersed within Earth’s crust. Most lode deposits form when heated fluids circulate through gold-bearing rocks, picking up gold and concentrating it in new locations in the crust.

How many employees does new gold have?

How many employees does New Gold have? New Gold has 1,001 to 5,000 employees.

Is newfound gold a good stock to buy?

If you are looking for stocks with good return, New Found Gold Corp can be a profitable investment option. New Found Gold Corp quote is equal to 5.700 USD at 2022-06-08. Based on our forecasts, a long-term increase is expected, the “NFGFF” stock price prognosis for 2026-11-27 is 32.924 USD.

Who is new gold?

New Gold is an intermediate gold mining company. The company has a portfolio of two core producing assets located in Canada, a top-rated, politically secure, mining friendly jurisdiction, as well as an 8% gold stream on the 100% owned Artemis Gold Blackwater development project.

Is new gold a good stock?

New Gold Inc. may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of NGD, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

Do abandoned mines still have gold?

Gold still exists in the veins of the abandoned mine, and Rise Gold, the mining corporation that purchased the mine in 2017, has reason to believe that reopening it makes financial sense.

What state has the most placer gold?

Nevada
Nevada. Nevada is the leading gold-producing state in the nation, in 2018 producing 5,581,160 troy ounces (173.6 tonnes), representing 78% of US gold and 5.0% of the world’s production. Much of the gold in Nevada comes from large open pit mining and with heap leaching recovery.

What do they mine in Kamloops?

The New Afton mine is a Canadian gold and copper mine located 17 kilometres (11 mi) west of the city of Kamloops in British Columbia….New Afton mine.

What happened to New Found Gold?

New Found Gold Intercepts 45.3 g/t Au over 13.1m and 25.0 g/t Au over 16.85m in Step-Out Drilling at Keats Zone, Queensway Project, Newfoundland. Vancouver, BC, December 15, 2020: New Found Gold Corp.