New Gold achieves first commercial production at Rainy River
JOHANNESBURG (miningweekly.com) – TSX- and NYSE-listed intermediate gold miner New Gold has achieved first commercial production at its Ontario-based Rainy River mine, about two weeks ahead of schedule.
"Achieving commercial production is a major milestone for New Gold and the Rainy River team. 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,” said New Gold president and CEO Hannes Portmann.
The Rainy River mine began processing ore in September, as scheduled, and announced its first gold pour earlier this month.
In the first 30 days of operation, the project has successfully processed about 457 000 t of ore. Including four days of intentional downtime as part of the commissioning plan, the processing rate has averaged 15 200 t/d, or 72% of the 21 000 t/d nameplate capacity.
New Gold defines commercial production as exceeding 60% of nameplate capacity over a 30-day period. Importantly, in the first 18 days of October, the processing rate averaged 19 000 t/d, or 90% of nameplate capacity. To date, grade and recoveries have been consistent with New Gold's commissioning plan.
New Gold has five producing assets in top-rated jurisdictions, including the New Afton and Rainy River mines in Canada; Mesquite mine in US; Peak mine in Australia; and the Cerro San Pedro mine in Mexico. In addition, New Gold owns 100% of the Canada-based Blackwater project.
Comments
Research Reports
Projects
Latest News
Showroom
Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.
VISIT SHOWROOM
From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
