New Gold’s Rainy River progresses on schedule, budget

June 27, 2017

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Canadian miner New Gold on Tuesday reported that construction of its $1-billion-plus Rainy River project, in Ontario, remains on track to start operations in September, with commercial production expected to follow in November.
“Through the second quarter, our team has both successfully commenced the staged commissioning of our process facility and delivered on our mining plan. As the pit has opened up, our operations team has recently delivered further increases in the mining rate, including several days over 130 000 t/d,” president and CEO Hannes Portmann, said in a press release.

Category: General