New Gold Inc.

The Responsible, Inclusive and Participative Closure Plan of Cerro San Pedro in Mexico is now in the process of validating the fulfillment of its environmental obligations by the Ministry of Environment and Natural Resources and the Federal Office of Protection to the Environment. Cerro San Pedro has reforested 400 hectares in the community of Monte Caldera as an act of environmental compensation to support the environmental health of the area. Read more about Closure in New Gold’s 2023 ESG Social Report. The closure plan has included key environmental restoration and remediation activities in the local area. Responsible mine closure is an important part of the mining life cycle. New Gold believes that sustainable closure planning should be proactive and go beyond environmental compliance requirements to consider other socioeconomic impacts in the community as well. https://lnkd.in/egkUsiz5

In 2023, our teams exemplified what it means to put safety first across New Gold. We achieved a Total Reportable Injury Frequency rate of 0.80—the lowest in New Gold’s history. This incredible achievement places New Gold as a leader among our industry peers, and we couldn’t be prouder of our team for this meaningful achievement. Read more about New Gold’s commitment to Health and Safety and our performance in our 2023 ESG Social Report.  https://lnkd.in/eCiUCY4a

New Gold is providing notice that it will release second quarter 2024 results after market on Tuesday, July 30th. The Company will host a conference call and webcast to discuss the results July 31st at 8:30AM EDT. Click here for more information: https://lnkd.in/eHru5622

The team at New Afton Mine welcomed 18 high school students for a tour as part of the Future Women in Mining event, introducing students to different career paths in the mining industry. The tour was in partnership with School District 73’s Discovery Day career exploration program which allows students to sign up for day trips to explore jobs that interest them. https://lnkd.in/gWEuiHdA

Across operations, we achieved a significant 50% reduction in water withdrawal in 2023. While this reduction of water is partially associated with below average precipitation conditions experienced at both sites, significant work was accomplished to also reduce the volume of new water required in operations. Water is an important resource for New Gold’s operations and our role in water stewardship forms a key component of our Sustainability Strategy. Prioritizing water management has the potential to not only improve operations but also create opportunities to help ensure better water quality and access in the communities where we operate. Read more about New Gold’s Water and Water Stewardship performance in our 2023 ESG Environmental Report. https://lnkd.in/eJ4jfQkD

In 2023, New Gold contributed over C$1,000,000 to non-governmental agencies, charities, and research institutions. These contributions help support New Gold’s intention to sustainably invest in our local communities in ways that support long term economic and social development. New Gold’s Community Investment Program supports the Company’s belief that our host communities should see the economic benefit from our operations today and into the future. We strive to go beyond traditional philanthropic practices, working with shared values to create meaningful impact with local communities. Read more about New Gold’s Economic Development performance in our 2023 ESG Social Report. https://lnkd.in/eEQXXRay

Honouring the needs, beliefs, cultures and traditions of Indigenous peoples is an integral part of how we do our work at New Gold. We make every effort to understand the history and culture of Indigenous communities and strive to operate with the utmost respect on traditional lands. On National Indigenous Peoples’ Day, we celebrate the diverse histories and cultures of Indigenous peoples across the nation and remain dedicated to fostering shared understanding and respect within our organization. 

25% of New Gold’s workforce across operations was Indigenous in 2023, and we respect and acknowledge that our partnerships with Indigenous communities provide the license to operate on sacred lands. We are committed to engaging in ways that foster respectful relationships that are built on trust and acceptance and promoting Indigenous cultural awareness throughout our operations. We continue to focus on our ability to support economic benefits for our host communities through our operations, which include, but are not limited to, up-skills training, business development and career opportunities. Read more about New Gold’s Indigenous Engagement in our 2023 ESG Social Report. https://lnkd.in/ezTCMwPA

Nimmi Dhadwal is no stranger to New Afton Mine. In fact, when she became the Health, Safety and Training Superintendent in 2023, she brought with her more than 10 years of experience in various roles at New Gold. To celebrate the IWiM International Day of Women in Mining on June 15th, learn how Nimmi is paying it forward and showing others what’s possible. https://lnkd.in/eXJj8_fk #IDWIM2024

Both the New Afton and Rainy River mines continued implementing a range of energy conservation and reduction initiatives in 2023, resulting in an 8 percent reduction across operations in scope 1 and 2 emissions from our baseline year. As an organization, we continue to work towards our goal of a 30 percent reduction in scope 1 and 2 GHG emissions by 2030 (using 2020 as a baseline). New Gold recognizes the importance of adapting operations to mitigate climate change impacts across the organization and in the communities in which we operate. Read more about New Gold’s Climate Change and Action in our 2023 ESG Environmental Report. https://lnkd.in/eAcQT3vx