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At $3,300 Gold, New Gold CEO Says the Real Payoff Is Just Beginning
With gold prices topping $3,300 and shares up 67% year-to-date, New Gold’s long-awaited turnaround is now delivering results. In this exclusive Kitco Mining interview, CEO Patrick Godin breaks down how years of disciplined execution and capital investment are finally paying off. Speaking from the Mining Investment Event of the North in Quebec City, Godin explains how New Gold is entering a harvest phase, unlocking full value from its Rainy River and New Afton operations.
Godin also outlines the company’s strategic copper exposure, plans to extend mine life, and its roadmap for delivering returns to shareholders. As global demand for precious and critical metals accelerates, New Gold positions itself as a leaner, more profitable force in the North American mining sector.
00:00 Introduction and Market Overview
00:29 New Gold's Turnaround and Expansion
02:42 Mine Developments
08:27 Copper Market Insights
09:53 Government Support and Permitting
12:00 Shareholder Returns and Future Plans
14:32 Conclusion and Closing Remarks
Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco Mining on X: @KitcoMining (https://x.com/KitcoMining)
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.
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Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.
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