New Gold Inc

New Gold mulls Rainy River underground expansion

Lower than expected grades bite into Rainy River guidance for New Gold

New Gold (TSX: NGD) has cut production guidance at its Rainy River gold mine in Ontario by about 10% because of lower than expected grades. The gold miner now expects Rainy River to produce 240,000-255,000 gold-equivalent ounces this year, down from 275,000 to 295,000…



The camp at GT Gold’s Saddle gold property in northwest British Columbia. Credit: GT Gold.

Newmont to buy GT Gold

Newmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal…











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