NYSE American: NGD 0.70 -0.02 -3.29% Volume: 8,049,809 June 18, 2019
TSX: NGD 0.92 -0.06 -6.12% Volume: 1,941,490 June 18, 2019
GOLD: US $ 1,346.59 -0.68 -0.05% Volume: June 18, 2019

Undergoing comprehensive studies


Blackwater Project in Final Stages of Environmental Assessment

New Gold’s Blackwater Project has been undergoing a coordinated provincial and federal environmental assessment. New Gold is pleased to report that on April 15, 2019, Canada’s Minister of Environment and Climate Change announced that the Project is not likely to cause significant adverse environmental effects when the mitigation measures described in the federal government’s Decision Statement are taken into account.  This positive decision marks the conclusion of the federal environmental assessment, a very significant milestone for the Project. New Gold is awaiting a decision from the province of British Columbia regarding the provincial environmental assessment.

For more information on the Environmental Assessment process, visit the BC Environmental Assessment Office website and the Canadian Environmental Assessment Agency website often to stay informed of the Environmental Assessment process. Stay informed about Blackwater Project activities; contact the Blackwater Project office here.

Environmental Assessment Updates

The Blackwater Project has successfully completed key milestones within the Environmental Assessment Process including:

  • Decision Statement issued by the Minister of Environment and Climate Change on April 15, 2019 concluding that the Project is not likely to cause significant adverse environmental effects when the mitigation measures described in the Environmental Assessment Report are taken into account. The full news release can be found here.
  • A public comment period on the Assessment Report by the Canadian Environmental Assessment Agency between November 14 and December 14th, 2018. Documents related to the Assessment Report can be found online here.
  • A public comment period on the proposed changes to the Project's transmission line routing between April 5, 2017 and May 4, 2017. Documents related to the changes to the transmission line routing can be found online here.
  • A public comment period on the Project's Environmental Assessment Application (January 20 to February 19, 2016. Application-related documents, including posters displayed during the public comment period and comments received on the Application and New Gold responses can be accessed online here.
  • A public comment period on the Blackwater Project's draft Application Information Requirements (AIR) document (October 9 to November 8, 2013). The AIR Document identifies the issues to be addressed and the information to be provided by New Gold as part of its Environmental Assessment Application.
  • Receipt of the Section 11 Order (July 2013), which establishes the formal scope, procedures and methods concerning the Environmental Assessment for the project.
  • Public comment period on the Environmental Impact Statement (EIS) Guidelines (December 21, 2012 to January 20, 2013). The EIS Guidelines identify the potential environmental effects to be taken into consideration and the information and analysis that need to be included in the project’s EIS.
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