masthead
spring cover

Winter 2017

New Gold achieves commercial production at Rainy River
New Gold Inc. (TSX: NGD) says its Rainy River Mine achieved commercial production approximately two weeks ahead of schedule.

“Achieving commercial production is a major milestone for New Gold and the Rainy River team,” stated Hannes Portmann, President and CEO. “With the hard work, dedication and commitment of our workforce, and the strong support of our local communities and Indigenous partners, we are now focused on continuing to successfully ramp up the operation through the balance of the year.”

The Rainy River Mine began processing ore as scheduled on September 14, 2017, and announced its first gold pour on October 6, 2017. In the first 30 days of operation, Rainy River has successfully processed approximately 457,000 tonnes of ore. Inclusive of four days of intentional downtime as part of the commissioning plan, the processing rate averaged 15,200 tonnes per day, or 72% of the 21,000 tonnes per day nameplate capacity. New Gold defines commercial production as exceeding 60% of nameplate capacity over a 30-day period. Importantly, for the period October 1-18, 2017, the processing rate averaged 19,000 tonnes per day, or 90% of nameplate capacity. To date, both grade and recoveries have also been consistent with New Gold’s commissioning plan.

 

Winter 2017 News:
• IFIT extended
• EACOM Timber acquires Anthony-EACOM
• Canadian mining sector’s clean resources proposal shortlisted
• Ottawa launches new mass timber construction program
• Unifor plans for a strong forestry future if all stakeholders act now
NRC releases State of Canada’s Forests report
New sustainability promise takes responsible forest sourcing to a new level

• New Gold achieves commercial production at Rainy River
• First Cobalt reports high-grade cobalt at Silver Banner mine
Forest sector welcomes NRC’s Clean Growth Program

 

 
cover past issues recent cover past issues