New Gold went above and beyond working with local governments and First Nations. They have built broad support and I look forward to hearing about a positive FID in the future
Yesterday George Heyman (Minister of Environment and Climate Change Strategy) and Michelle Mungall (Minister of Energy, Mines and Petroleum Resources) announced a n environmental assessment certificate had been issued to New Gold’s Blackwater Gold Project. New Gold proposes an open-pit gold and silver mine with a project footprint of approximately 4,400 hectares, located approximately 110 kilometres southwest of Vanderhoof. Blackwater is expected to extract 60,000 tonnes of ore per day with a net annual production of 22 million tonnes per year during the mine’s 17-year operational life. New Gold’s Blackwater Project is located 160 kilometres southwest of Prince George. The mine site will include an open pit, ore processing facilities, a tailings storage facility, waste rock dumps, water management facilities, offices, accommodation camps, warehouses, and a truck shop. To power it, a 140-kilometre transmission line would connect the mine site with an e...