Monday, October 21, 2013

New Gold Says It's Ready to Proceed with Rainy River Project

It has a new owner, but officials says plans for a new gold mine south of Kenora is still on moving forward.

New Gold has completed an acquisition of Rainy River Resources.

Director of Sustainability Kyle Stanfield says the project itself is still aiming for ministerial approval of the environmental assessment next year.

A final report of the environmental assessment is due out later this month.