TORONTO, July 9, 2018 /PRNewswire/ - New Gold Inc. ("New
Gold" or the "Company") (TSX:NGD) (NYSE American:NGD) is pleased to
announce the appointment of James
Gowans to its Board of Directors, effective immediately.
Mr. Gowans has more than 30 years of experience in mineral
exploration, mine feasibility studies, mine construction and
commissioning and the development of best practices in mine safety,
operations and economic performance improvement. Since
January 2016, he has been the
President and Chief Executive Officer of Arizona Mining Inc.
Previously, he was with Barrick Gold Corporation as Senior Advisor
to the Chairman from August to December
2015, Co-President from July
2014 to August 2015, and
Executive Vice President and Chief Operating Officer from January
to July 2014. From 2011 to 2014, Mr. Gowans was the Managing
Director of Debswana Diamond Company (Pty) Ltd., and prior to that
he held executive positions at various companies including De Beers
SA, De Beers Canada Inc., PT Inco Indonesia tbk and Placer Dome
Inc.
Mr. Gowans previously served as the President of the Canadian
Institute of Mining, Metallurgy and Petroleum, the Chair of the
Board of the Mining Association of Canada, and a director of the Conference Board
of Canada. He currently serves on the boards of directors of
Arizona Mining Inc. and Cameco Ltd., as well as Gedex Technologies
Inc., an innovative geophysics systems company. Mr. Gowans is a
Professional Engineer, holds a Bachelor of Applied Science degree
in mineral engineering from the University of
British Columbia, and attended the Banff School of Advanced
Management.
"We are very pleased to welcome Jim to the Board," stated
Ian Pearce, Chair of the Board. "He
is highly qualified, with a strong background in operational
execution. Jim brings a unique combination of strategic leadership
and operational accomplishment and a demonstrated capacity for
innovation and change management. We believe that Jim will add
considerable value and strength to our Board, contributing to the
Company's continued development into an industry-leading,
intermediate gold company."
The addition of Mr. Gowans to the Board is consistent with the
Board's renewal process, and reflects the Company's continued focus
on delivering operational performance and enhancing our financial
flexibility to execute on our capital priorities. This
addition brings the total Board to seven members, six of whom are
independent.
About New Gold Inc.
New Gold is an intermediate gold mining company. The Company has
a portfolio of four producing assets in top-rated jurisdictions.
The New Afton and Rainy River Mines in Canada, the Mesquite Mine in the United States and the Cerro San Pedro Mine
in Mexico (which transitioned to
residual leaching in 2016), provide the Company with its current
production base. In addition, New Gold owns 100% of the Blackwater
project located in Canada. New
Gold's objective is to be the leading intermediate gold producer,
focused on the environment and social responsibility. For further
information on the Company, please visit www.newgold.com.
View original
content:http://www.prnewswire.com/news-releases/new-gold-announces-addition-of-new-director-300678110.html
SOURCE New Gold Inc.