New Gold Overview

  • Year Founded
  • 1980

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,607

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 19

  • Investments
  • 23

New Gold General Information

Description

New Gold Inc is an intermediate gold mining company engaged in the development and operation of mineral properties. The Company manages its reportable segments through its mining operations. The assets of the Company, directly or through its subsidiaries, are comprised of the New Afton Mine in British Columbia, Canada (New Afton), and the Rainy River Mine in Ontario, Canada (Rainy River). The Company has operating mines only in Canada.

Contact Information

Website
www.newgold.com
Formerly Known As
DRC Resources
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Brookfield Place, 181 Bay Street
  • Suite 3320
  • Toronto, Ontario M5J 2T3
  • Canada
+1 (416)
Primary Industry
Gold Mining
Other Industries
Precious Metals and Minerals Mining
Parent Company
Former Stock Listing
NGD
Corporate Office
  • Brookfield Place, 181 Bay Street
  • Suite 3320
  • Toronto, Ontario M5J 2T3
  • Canada
+1 (416)

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New Gold Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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New Gold Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
New Gold Inc is an intermediate gold mining company engaged in the development and operation of mineral properties. The
Gold Mining
Toronto, Canada
1,607 As of 2024

Toronto, Canada
 

Toronto, Canada
 
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New Gold Competitors (36)

One of New Gold’s 36 competitors is Alamos Gold, a Corporation company based in Toronto, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Alamos Gold Corporation Toronto, Canada
Agnico Eagle Mines Corporate Backed or Acquired Toronto, Canada
Imperial Metals Corporation Vancouver, Canada
Hecla Mining Corporation Coeur d'Alene, ID
Wesdome Gold Mines Corporate Backed or Acquired Toronto, Canada
You’re viewing 5 of 36 competitors. Get the full list »

New Gold Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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New Gold Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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New Gold Investments & Acquisitions (23)

New Gold’s most recent deal was a Secondary Transaction - Private with New Afton Mine for . The deal was made on 01-May-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
New Afton Mine 01-May-2025 Secondary Transaction - Private Construction and Engineering
New Afton Mine 22-May-2024 Secondary Transaction - Private Construction and Engineering
Angus Gold 30-Jun-2022 PIPE Gold Mining
Ximen Mining 07-Feb-2022 PIPE Multi-line Mining
Northern Superior Resources 03-Dec-2021 PIPE Gold Mining
You’re viewing 5 of 23 investments and acquisitions. Get the full list »

New Gold Exits (3)

New Gold’s most recent exit was on 24-Mar-2021 from Silver Lake Ontario. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Silver Lake Ontario 24-Mar-2021 Completed
RJK Explorations (Blackwater Properties in Canada) 30-Jun-2017 Completed
El Morro project Joint Venture Completed
  • 2 buyers
To view New Gold’s complete exits history, request access »

New Gold Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
New Afton Mine Vancouver, Canada

New Gold FAQs

  • When was New Gold founded?

    New Gold was founded in 1980.

  • Where is New Gold headquartered?

    New Gold is headquartered in Toronto, Canada.

  • What is the size of New Gold?

    New Gold has 1,607 total employees.

  • What industry is New Gold in?

    New Gold’s primary industry is Gold Mining.

  • Is New Gold a private or public company?

    New Gold is a Private company.

  • What is the current valuation of New Gold?

    The current valuation of New Gold is .

  • What is New Gold’s current revenue?

    The current revenue for New Gold is .

  • How much funding has New Gold raised over time?

    New Gold has raised $2.46B.

  • Who are New Gold’s investors?

    TerraNova Partners has invested in New Gold.

  • Who are New Gold’s competitors?

    Alamos Gold, Agnico Eagle Mines, Imperial Metals, Hecla Mining, and Wesdome Gold Mines are some of the 36 competitors of New Gold.

  • When was New Gold acquired?

    New Gold was acquired on 20-Mar-2026.

  • Who acquired New Gold?

    New Gold was acquired by Coeur Mining.

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