Welcome to our dedicated page for New Gold news (Ticker: NGD), a resource for investors and traders seeking the latest updates and insights on New Gold stock.
New Gold Inc (NGD) is a Canadian-focused intermediate mining company specializing in gold, copper, and silver production. This page aggregates all official press releases, financial disclosures, and operational updates directly from the company.
Investors gain access to critical information including quarterly earnings reports, mine production results, and exploration program updates. Track strategic developments like resource expansion projects, sustainability initiatives, and leadership changes through verified primary sources.
Content categories cover production milestones, cost management updates, environmental compliance achievements, and corporate governance matters. All materials adhere to financial reporting standards, providing reliable data for investment research and market analysis.
Bookmark this page for streamlined access to NGD's latest communications. Return regularly to stay informed about operational performance and strategic positioning in the precious metals sector.
New Gold Inc. (TSX: NGD, NYSE: NGD) reported its Q1 2023 results, marking a 20% rise in gold equivalent production to 104,857 ounces, including 82,477 ounces of gold. The company generated $61 million in cash from operations ($0.09/share), despite a net loss of $32 million ($0.05/share). Operating expenses were $1,086 per gold equivalent ounce, while all-in sustaining costs were $1,486 per ounce. Average realized prices stood at $1,890/ounce for gold and $4.10/pound for copper. Significant financial actions were taken, including selling shares in Artemis Gold for approximately C$31.5 million and extending a credit facility to December 2026. The company also announced leadership changes, with CFO Rob Chausse set to retire at the end of 2023.
New Gold Inc. (TSX: NGD, NYSE American: NGD) has announced key senior management appointments aimed at enhancing its leadership and operational capabilities. Yohann Bouchard has been appointed as Executive Vice President and Chief Operating Officer, bringing over 25 years of experience from his previous role at Yamana Gold. Ankit Shah has been promoted to Executive Vice President, Strategy and Business Development, having played a crucial role in the company's strategic transformation. Additionally, Luke Buchanan and Jean-François Ravenelle have been appointed Vice Presidents of Technical Services and Geology, respectively. The appointments are expected to bolster New Gold's goals of increasing production and achieving sustained free cash flow. Management expresses confidence in the team’s ability to drive operational excellence and growth.
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