New Gold Extends Rainy River to 2035 After 99% Vote for Coeur Deal
New Gold (NYSE American: NGD; TSX: NGD) CEO Patrick Godin says disciplined execution and reinvestment transformed the company ahead of its approved acquisition by Coeur Mining. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference, Godin outlined how Rainy River’s open pit was once expected to end in 2027 and the underground in 2030. Through sustained exploration investment, mine life has now been extended to 2035, materially reshaping the company’s long-term outlook.
Godin said the transaction expands New Gold from a two-asset producer into a…
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