New Gold (NGD)
2.7700 -0.1000 (-3.48%)
New Gold is a mining company engaged in the exploration, development, and production of precious and base metals, primarily focusing on gold and copper. The company operates several mines and projects in Canada and the United States, emphasizing sustainable practices and responsible resource management. New Gold is committed to enhancing the valuation of its assets while minimizing its environmental impact and contributing to local communities through various initiatives aimed at economic and social development. With a focus on strategic growth, the company explores opportunities to expand its portfolio through acquisitions and new developments in the mining sector.
Critical Metals Surge Opens Prime Opportunity for Mining Investors
NetworkNewsWire Editorial Coverage : Interest in the mining sector is on the rise, fueled by growing demand for metals that are crucial to modern industries. The shift toward clean-energy technologies, including electric vehicles (EVs) and renewable energy systems, has heightened the need for critical minerals, particularly lithium, cobalt, nickel and rare earth elements (“REEs”). At the same time, traditional metals such as copper and aluminum are seeing renewed importance due to their essential roles in infrastructure and energy transmission. Gold and silver remain appealing as safe-haven assets during periods of economic uncertainty and inflation. Additionally, the global drive for decarbonization and energy efficiency is boosting demand for platinum group metals (“PGMs”), which are valued for their purity, high melting points and unique catalytic properties. These metals are integral to numerous industrial processes and play a pivotal role in autocatalysis and pollution control within the automotive industry. With potential supply disruptions from major producers and geopolitical tensions tightening the market, mining companies are well positioned for growth. One of those companies, Platinum Group Metals Ltd. (NYSE: PLG) (TSX: PTM) ( Platinum Group Metals Profile ), is emerging as a leader in the PGM space, due to the performance of its flagship Waterberg Project in South Africa. Platinum Group Metals joins other mining and commodity-related organizations that are focused on strengthening their foothold in the mining sector, including companies such as Endeavour Silver Corporation (Canada) (NYSE: EXK) , Fortuna Mining Corp. (NYSE: FSM) , New Gold Inc. (NYSE American: NGD) and…
Via Investor Brand Network · November 22, 2024
Critical Metals Surge Opens Prime Opportunity for Mining Investors
EQNX::TICKER_START (NYSE:PLG),(TSX:PTM),(NYSE:EXK),(NYSE:FSM),(NYSE:NGD),(NYSE:SAND) EQNX::TICKER_END
Via FinancialNewsMedia · November 21, 2024
Gold Is Expected to Linger Near Record Highs as Interest Rates Hit Their Peak
After the Federal Reserve kept its options open after raising interest rates by another 25 basis points on Wednesday, the gold market is maintaining strong gains. As predicted, the Fed Funds rate was increased by the Federal Reserve to a range between 5.00% and 5.25%. However, the statement’s monetary policy statement doesn’t offer much forward … Continue reading "Gold Is Expected to Linger Near Record Highs as Interest Rates Hit Their Peak"
Via PressReach · May 8, 2023
Global Unrest Expected to Quickly Move Gold to $2,100, New All-time Highs
Palm Beach, FL – March 9, 2022 – FinancialNewsMedia.com News Commentary – This week… Gold prices briefly scaled the $2,000 level for the first time in 1-1/2 years, as investors rushed to the safety of the metal in the wake of an escalating Russia-Ukraine crisis, while supply disruption fears sent palladium to an all-time high […]
Via FinancialNewsMedia · March 9, 2022
Is Recent Uncertainty in the Markets a Big Catalyst for Higher Gold Prices Going Forward
Palm Beach, FL – June 8, 2022 – FinancialNewsMedia.com News Commentary – Gold always seems to be projected in the long term irrespective of short-term ups and downs. For example, Gold prices hit an all-time high in 2020 as the coronavirus pandemic wreaked havoc and the resulting uncertainty supported the precious metal but it has […]
Via FinancialNewsMedia · June 8, 2022
Still Deemed a Safe Haven Asset, Why Gold Maybe Having a Multi-Year Bull Rally
Palm Beach, FL – June 16, 2021 – Gold plays a unique and vital role in the world eco system. According to the World Gold Council, the annual volume of gold production has tripled every year since the early 1970s. There are several common factors that drive the gold market globally including Demand and Supply, Central bank policies and World Economic data. Gold is used in multiple human aspects like Jewelry, Technology, Investment assets etc. Gold is having multiyear bull rally and the price of gold has risen from around $43 per ounce in 1972, to a price of over $2000 in year 2020. There are multiple reasons behind the fall in Gold prices. The rise in dollar index is one of the major reasons accounting for this fall. The newly formed Biden government in US is providing large stimulus measures which are further slumping the gold price. Apart from these, the US Treasury yields and the recent climb in equities toward the all-time closing high, has further weighed down gold prices. Hedge fund and many investors have exited their positions in Gold to chase crypto currency which is having a marvelous run in recent times. Active stocks in the mining markets this week Clarity Gold Corp. (OTCPK: CLGCF) (CSE: CLAR), IAMGOLD Corporation (NYSE: IAG) (TSX: IMG), Alamos Gold Inc. (NYSE:AGI) (TSX:AGI), Franco-Nevada Corporation (NYSE: FNV) (TSX: FNV), New Gold Inc. (NYSE: NGD) (TSX: NGD).
Via FinancialNewsMedia · June 16, 2021
As Stocks and the Dollar Remain Vulnerable, Experts Still See Gold Rising in 2022
Palm Beach, FL – May 4, 2022 – FinancialNewsMedia.com News Commentary – A number of technical analysts have recently pointed out that the US dollar is vulnerable… This is important because gold and the dollar are usually inversely correlated. So if the dollar falls in 2022, gold is likely to rise. An article from a Senior […]
Via FinancialNewsMedia · May 4, 2022
New Gold Provides New Afton Exploration Update
June 10, 2021-- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) is pleased to provide an update on exploration activities at its New Afton Mine.
By New Gold Inc. · Via Business Wire · June 10, 2021
New Gold Offers Condolences Following Discovery at Former Kamloops Residential School
June 1, 2021-- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) is saddened by the recent tragic discovery of the remains of 215 children on the grounds of the former residential school in Kamloops.
By New Gold Inc. · Via Business Wire · June 1, 2021
New Gold Announces Receipt of the New Afton B3 Mines Act Permit
May 25, 2021-- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) is pleased to announce that the Mines Act permit enabling mining of the B3 zone was issued by the Ministry of Energy, Mines and Low Carbon Innovation.
By New Gold Inc. · Via Business Wire · May 25, 2021
New Gold Announces Results of Vote for Election of Board of Directors
May 05, 2021-- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) today announces the voting results from the election of its Board of Directors at New Gold’s Annual General Meeting of Shareholders (the “Meeting”) held on May 4, 2021 as set out below. The Company also announced the appointment of Geoff Chater and Thomas McCulley to its Board of Directors, effective May 4, 2021.
By New Gold Inc. · Via Business Wire · May 5, 2021
New Gold Reports 2021 First Quarter Results
May 5, 2021-- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) reports first quarter results for the Company as of March 31, 2021. The Company will host a conference call and webcast today at 8:30 am Eastern Time to discuss the first quarter consolidated results (details are provided at the end of this news release). For detailed information, please refer to the Company’s First Quarter Management’s Discussion and Analysis (MD&A) and Financial Statements that are available on the Company’s website at www.newgold.com and on SEDAR at www.sedar.com. The Company uses certain non-GAAP financial performance measures throughout this news release. Please refer to the “Non- GAAP Financial Performance Measures” section of this news release and the MD&A for more information.
By New Gold Inc. · Via Business Wire · May 5, 2021
Silver & Gold Expected To Continue To Rise Even as Uncertainty Reigns
Palm Beach, FL – April 27, 2021- Experts who follow the metals markets saw last year that when the pandemic first reared its head News of mine closures and restrictive measures throughout the mining supply chain, not to mention a disastrous fall in travel, had adversely affected mining operations. Falling asset prices, which had also spread into the precious metals sector, did not help margins for the miners who could still operate in the constrained economy. However, the rising precious metals prices since then have buoyed the mining sector, which have begun to see sharp upward ticks across many popular mining funds. Silver is the more volatile of the precious metals from a price perspective. While gold tends to move in comparatively gentle movements, silver’s chart often exhibits more violent price movement tendencies. This is largely in part to silver’s industrial usages, where price movements reflect the futures market expectations of oncoming supply and demand. An article in FXEmpire added: “… many investors still see silver as a monetary metal, and when gold moves steadily to the upside like it has since Q4 of 2018, silver tends to follow in the same direction. Given the gold silver ratio being near all-time highs, many precious metals investors feel as though silver has much more room to run to the upside to bring that ratio back down to historic norms.” Active mining stocks mentioned in today’s commentary include: Ridgestone Mining Inc. (OTCQB: RIGMF) (TSX-V: RMI), Roxgold Inc. (OTCQX: ROGFF) (TSX: ROXG), Kirkland Lake Gold Ltd. (NYSE: KL) (TSX: KL), Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL), New Gold Inc. (NYSE: NGD) (TSX: NGD).
Via FinancialNewsMedia · April 27, 2021
New Gold Provides COVID-19 Update at Rainy River Mine
April 21, 2021 -- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) today announces that three employees at the Rainy River Mine in northwestern Ontario received positive COVID-19 test results. An additional seven employees have tested non-negative with the in-house PCR device and the mine is awaiting confirmation from the Northwestern Health Unit (“NWHU”). All affected individuals have been isolated and are no longer on site.
By New Gold Inc. · Via Business Wire · April 21, 2021
New Gold Announces 14.9% Investment in Talisker Resources
April 15, 2021-- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) announced today that it has acquired 37,366,932 common shares (the "Purchased Shares") of Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) ("Talisker") at $0.37 per Purchased Share for total consideration of approximately $13.8 million, representing approximately 14.9% of Talisker's issued and outstanding common shares. The acquisition of the Purchased Shares was made pursuant to a purchase and sale agreement between New Gold and PearTree Securities Inc. on behalf of certain third party sellers.
By New Gold Inc. · Via Business Wire · April 15, 2021
New Gold Announces First Quarter 2021 Conference Call and Webcast
April 14, 2021-- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) provides notice that it will release its first quarter 2021 financial results before market on Wednesday, May 5, 2021. A conference call and webcast will follow at 8:30 am Eastern Time.
By New Gold Inc. · Via Business Wire · April 14, 2021
New Gold Reports In-Line First Quarter Operational Results and Provides an Early-Stage Exploration Update
April 13, 2021 – New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) reports in-line first quarter operational results for the Company as of March 31, 2021 and provides an early-stage exploration update. The Company is also providing details for the first quarter earnings conference call and webcast that is scheduled for May 5, 2021 at 8:30 am Eastern Time (details are provided at the end of this news release).
By New Gold Inc. · Via Business Wire · April 13, 2021