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Stock Market & Financial Investment News

News Breaks
June 18, 2013
07:32 EDTNGDNew Gold commences take-over bid to acquire Rainy River Resources
New Gold and Rainy River Resources jointly announce that New Gold has formally commenced its previously announced take-over bid to acquire all of the outstanding common shares of Rainy River at a price of $3.83 per share. The Offer is subject to customary conditions, including that a minimum of 66 2/3% of the outstanding Rainy River shares are tendered to the Offer. The Offer values the fully-diluted in-the-money share capital of Rainy River, net of Rainy River's current cash balance, at approximately $310M.
News For NGD From The Last 14 Days
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October 30, 2014
07:55 EDTNGDNew Gold expects Q4 New Gold to be strongest of the year
Expects FY14 gold production to reach 380K-420K ounce guidance. Gold production at New Afton and the Peak Mines is scheduled to be at the mid-point of their respective guidance ranges, while production at Mesquite and Cerro San Pedro is expected be at the low end of their ranges. At the same time, with the strong year-to-date performance of New Afton and the Peak Mines, consolidated copper production is positioned to meet or exceed the high end of the guidance range of 92M-100M pounds. Consolidated silver production is expected to achieve the guidance of 1.35M-1.75M ounces.
07:54 EDTNGDNew Gold reports Q3 gold production of 93,367 ounces at $848 an ounce
Reports Q3 copper production of 25.6M pounds. New Gold delivered $79M in net cash generated from operations before changes in working capital including $58M in net cash generated from operations.
07:53 EDTNGDNew Gold reports Q3 adjusted EPS 1c, consensus 2c
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