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New Gold Delays Optimization Study Release

New Gold is delaying the release of a comprehensive mine optimization study for its Rainy River mine.

The study includes a review of alternative open pit and underground mining operations with the aim of reducing costs.

The company was looking at presenting it to investors before the end of the year.

It’s now promising to have it out early in 2020 but no later than mid-February.

Author

  • Randy Thoms is a veteran news broadcaster with over 40 years' experience. He is based in Fort Frances and covers stories across northwestern Ontario. Contact Randy at thoms.randy@radioabl.ca.

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Fort Frances, CA
7:30 am, Apr 11, 2026
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