New Gold (NGD.TO, NGD) has announced last month it has signed an agreement with Royal Gold (RGLD) whereby Royal Gold will provide $175M in cash in return for a gold […]
Tag: New Gold
New Gold’s Rainy River project is viable but not impressive
New Gold (NGD.TO, NYSE:NGD) has released the results of a feasibility study on the Rainy River project. The project is estimated to cost $885M (which includes a $70M contingency) and […]
New Gold acquires Rainy River Resources
New Gold (NGD.TO, NYSE:NGD) announced today they entered into a letter of agreement with Rainy River Resources (TSE:RR) to acquire all of Rainy River’s outstanding shares. New Gold will offer […]