A Canadian gold and copper mining company that digs precious metals out of the ground at two active mines, Rainy River in Ontario and New Afton in British Columbia, turning ore into gold-and-silver bars called doré and copper concentrates. It began in 1980 as DRC Resources and took the New Gold name in 2005, later growing through a 2008 three-way merger. A fun twist: New Afton is Canada's only operating block-cave mine, built underground on the site of the old Afton open-pit mine that closed in 1997.
New Gold Inc. files annual financial statements and MD&A for fiscal year 2025
New Gold Inc. furnished its audited consolidated financial statements and Management's Discussion and Analysis for the year ended December 31, 2025, via Form 6-K.
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Deloitte LLP issued an unqualified opinion on the financial statements and on the effectiveness of internal control over financial reporting as of December 31, 2025.
Management concluded that internal control over financial reporting was effective as of December 31, 2025, with no material weaknesses identified.
The audit report highlights a critical audit matter regarding the assessment of impairment or impairment reversal indicators for mining interests, focusing on future gold and copper prices and discount rates.
The filing was signed by Sean Keating, Vice President, General Counsel and Corporate Secretary, on March 19, 2026.
New Gold shareholders approve Coeur Mining acquisition arrangement
At a special meeting on January 27, 2026, New Gold Inc. shareholders voted 99.22% in favor of the arrangement resolution.
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The arrangement resolution approves a statutory plan of arrangement under which Coeur Mining's subsidiary, 1561611 B.C. Ltd., will acquire all outstanding common shares of New Gold.
The arrangement is governed by an arrangement agreement dated November 2, 2025, between New Gold, Coeur, and the purchaser.
Excluding votes required to be excluded under MI 61-101, the resolution passed with 99.22% votes for and 0.78% against.
The total votes cast for the resolution were 476,065,996 (99.22%) with 3,727,348 against (0.78%).