New Gold Provides Rainy River Project Update; Schedule and Capital Cost Remain on Track
New Gold Inc. (“New Gold”) (TSX:NGD) (NYSE American:NGD) today provides an update on the construction of the company’s Rainy River project, located in northwestern Ontario. Both the project schedule and capital cost estimate remain in line with New Gold’s current plan (announced in late January 2017). As quoted in the press release: “We are very much looking forward to Rainy …
New Gold Inc. (“New Gold”) (TSX:NGD) (NYSE American:NGD) today provides an update on the construction of the company’s Rainy River project, located in northwestern Ontario. Both the project schedule and capital cost estimate remain in line with New Gold’s current plan (announced in late January 2017).
As quoted in the press release:
“We are very much looking forward to Rainy River’s targeted start-up in the coming weeks,” stated Hannes Portmann, President and Chief Executive Officer. “We made significant progress in August. Our mining rate increased to over 135,000 tonnes per day, we completed construction of the TMA start-up cell, and all process facilities are mechanically complete and in testing.”
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1830.97 | +3.90 | |
Silver | 21.16 | +0.04 | |
Copper | 3.78 | +0.03 | |
Palladium | 1887.50 | +14.49 | |
Platinum | 912.50 | +5.55 | |
Oil | 106.52 | -1.10 | |
Heating Oil | 4.22 | -0.02 | |
Natural Gas | 6.14 | -0.08 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.