Renaud Adams President and Chief Executive Officer Adams has been the President and CEO of New Gold Inc. since 2018 and has over 25 years of experience in the mining industry. He was the President and Chief Executive Officer of Richmont Mines Inc. from 2014 until the sale of the company to Alamos Gold in November 2017.
What is the purpose of gold mining?
The main purpose of the mining operation is the recovery of Copper, sand, gravel or other products but significant quantities of Gold exist to make byproduct mining a profitable venture.
Where is New Gold Rainy River?
The Rainy River Gold project is an advanced-stage gold project situated in the Richardson Township, approximately sixty-five kilometres northwest of Fort Frances in Northwestern Ontario.
Who owns the largest gold mine in Australia?
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Who owns New Gold?
Type Public
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Industry Mining
Founded January 1980
Headquarters Toronto , Canada
Key people Robert Gallagher (CEO, 2007-16) Renaud Adams (CEO, 2018-current)
Where is iamgold?
IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa, with target production of 570,000 640,000 attributable ounces of gold in 2022 from Essakane (Burkina Faso), Rosebel (Suriname) and Westwood (Canada).
Where is the most gold being found today?
Currently, the world's largest source of gold is located in the Witwatersrand basin. This area in South Africa has provided a large amount of the world's gold.
What does New Gold do?
New Gold is an intermediate gold mining company. The company has a portfolio of two core producing assets located in Canada, a top-rated, politically secure, mining friendly jurisdiction, as well as an 8% gold stream on the 100% owned Artemis Gold Blackwater development project.
Is New Gold stock a good buy?
There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" New Gold stock.