New Gold Overview
- Year Founded
-
1980
- Status
-
Acquired/Merged
- Employees
-
1,607
- 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(Operating Subsidiary)
Corporate Office
- Brookfield Place, 181 Bay Street
- Suite 3320
- Toronto, Ontario M5J 2T3
- Canada
Corporate Office
- Brookfield Place, 181 Bay Street
- Suite 3320
- Toronto, Ontario M5J 2T3
- Canada
New Gold Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
New Gold Comparisons
Industry
Financing
Details
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 |
New Gold Signals
New Gold Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
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 |
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 |
|
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.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process