Call Us Today: +1 866 205 2414
Call Us Today: +1 866 205 2414
Location: Prince George, British Columbia
Commodity: Gold
Project Phases: PFS/FS
New Gold Inc., headquartered in Toronto, Ontario, is a prominent gold mining company with two operational mines, New Afton in Kamloops, B.C., and Rainy River near Emo, Ontario. The Blackwater Project in Central B.C. represents a significant development within its portfolio.
TMG was crucial in supporting New Gold in advancing the Blackwater Project. The scope of TMG’s involvement centered on effective management and oversight of the Trade-Off Study. Key areas addressed during this study included:
TMG’s involvement in the Blackwater Project generated substantial results, contributing to the project’s success:
Novel Modular Approach: TMG introduced a novel modular approach significantly reducing upfront capital requirements. This innovative strategy improved project cost-effectiveness and had a notable positive impact on Free Cash Flow.
The Blackwater Project exemplifies the synergy between New Gold and TMG. It underscores the importance of strategic trade-off assessments and innovative modular approaches in achieving project efficiency and financial sustainability. This case study reaffirms New Gold’s commitment to responsible mining practices, cost-effective development, and strategic collaboration for successful project outcomes.
TMG specializes in executive and operational consulting for the Mining, Energy, and Infrastructure sectors. We provide tailored oversight and strategic guidance across all project stages, ensuring optimal outcomes from conception to execution.
TMG committed to diversity and inclusion, based on the undisputed fact, that a fully inclusive environment, fosters a unique perspectives that can solve challenging problems and creates value, within the company, for our clients, the communities of which we work, and the world at large.
TMG’s corporate vision and values, are to honour the rights and cultures of all people and respectfully approach all business, with fair dealings and establishing and maintain a mutually respectful relationship.
TMG acknowledges that our offices are located on traditional lands of divers First Nations and Indigenous peoples. Guided by the Constitution of both Canada & the USA, the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) and the recommendations of all Truth and Reconciliation Commission as a framework, we are committed to taking ongoing positive and concrete steps towards reconciliation.