Enviro Minister OKs New Gold’s proposed $1.8bn mine

The Blackwater openpit gold and silver mine that TSX-listed New Gold is planning to build south-west of Prince George, British Columbia, has received the thumbs up from federal Environment and Climate Change Minister Catherine McKenna.

The Minister concluded, following an environmental assessment process, that the project would not cause significant adverse environmental effects when mitigation measures were taken into account and gave New Gold the green light to proceed with obtaining any additional permits from federal departments.