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New Gold Inc.

Company Detail

Description

New Gold Inc., formerly DRC Resources Corporation, is a Canadian intermediate gold miner founded in 1980 in Toronto, which acquires, explores, develops, and operates mining properties. In Mexico, New Gold wholly-owns the Cerro San Pedro Mine, a 7,871-hectare gold and silver project with 16 mining concessions, in the State of San Luis de Potosí, 400 km to the north of Mexico City. New Gold completed active mining of San Pedro and started residual ore leaching in 2016, for one or two years subjected to recovery performance and metal prices.

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