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Stock impact report

Blackwater gold and silver mine near Vanderhoof, B.C. clears environmental approval [Toronto Globe and Mail (Ontario, Canada)]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Blackwater gold and silver mine near Vanderhoof, B.C. clears environmental approval An environmental assessment certificate has been granted for the Blackwater gold mine southwest of Vanderhoof, B.C. A joint news release from the Ministry of Environment and Ministry of Mines says the decision came after considering the report from the Environmental Assessment Office and submissions from Indigenous Nations. The proposed New Gold Inc. open-pit gold and silver mine would have a 44-square kilometre footprint and is expected to extract about 6, tonnes of ore per day during the mine’s estimated 17-year operational life. Story continues below advertisement The statement says the ministers are confident that the Blackwater mine will be built, operated and closed in a way that ensures no significant adverse effects are likely to occur. The certificate sets out 43 conditions for New Gold to meet, including an air and dust management plan, a caribou mitigation and monitoring plan and numerous co Show less Read more
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