New Gold Inc. Mining News

Barrick, Goldcorp holding breath as Canadian court poised to decide El Morro ownership

The two largest gold companies are bracing for a Canadian court's decision on who owns the massive El Morro copper-gold deposit in Chile.

Production up and costs down at New Gold

New Gold was up 2.20 percent on the TSE on Wednesday morning after announcing record production and lower cash costs. The mid-sized miner, with properties in the United States, Mexico, Australia, Canada and Chile, said […]

Metso to supply mining equipment for Nordic Mines in Finland

Metso will supply mining and minerals processing equipment and services for the new gold ore processing plant of Nordic Mines Oy in Finland. The equipment delivery will be completed during the first half of 2011, […]

Dual pinion drive systems for Detour Gold’s new mine

ABB is to deliver four low speed dual pinion drive systems to Detour Gold’s new gold mine in Canada. Construction of the 55,000 t/d open-pit operation is expected to start later this year, following receipt of permits for gold production commencing in early 2013. The scope of supply includes the drive systems for two SAG [...]

Laser scanner monitoring at Pueblo Viejo gold mine

3D Laser Mapping has delivered a VZ-400 laser scanning system, part of the newly released Riegl V-Line range, to Pueblo Viejo Dominicana’s new gold mine in the Dominican Republic. It will be used to record construction in the process plant, calculate volumes of material displaced during land clearance and monitor civil structures for subsidence and [...]

Silver Lake opens up new gold hopes in Murchison

The successful mid-tier, high-grade gold producer near Kalgoorlie, Silver Lake Resources, has found a new lead in an old mining camp in the Murchison goldfield in the mid north of Western Australia.

New gold rush may soon test gold at US$1,300

A surge in gold and silver prices could send gold to the $1,300/oz level, Scotiabank's Pat Mohr predicts.

Anglo Swiss Resources Begins Installation of New Gold Processing Equipment – Kenville Gold Mine

Anglo Swiss Resources Inc. is pleased to report that it has taken delivery and initiated installation of mineral processing equipment for its 100% owned Kenville Gold Mine and Milling property located near the City of […]

Venezuela stops open-pits and gold mines

Mining Journal (May 16, 2008) - Mineral-laden Venezuela on Thursday shut the door to new gold projects and threatened other mining and logging concessions in a step by leftist President Hugo Chavez to tighten control of natural resources.