TORONTO, Nov. 23,
2022 /CNW/ - New Gold Inc. ("New Gold" or the
"Company") (TSX: NGD) (NYSE American: NGD) has appointed
Patrick Godin as its new President
and Chief Executive Officer, effective immediately. Mr. Godin
succeeds Renaud Adams, who has
served as CEO since September
2018.
Mr. Godin has been New Gold's Executive Vice President and Chief
Operating Officer since his appointment in May 2022. Mr. Godin has more than 30 years of
technical and operations experience in the mining industry, with a
focus on mine development and operations. Prior to his role with
the Company, Mr. Godin worked in various executive roles in the
mining sector, including as President and Chief Executive Officer
of Stornoway Diamond Corporation. During his time at Stornoway, Mr. Godin was responsible for the
construction and operations of the Renard Diamond Mine,
Quebec's first diamond mine. Mr.
Godin has also held roles as Vice President and Chief Operating
Officer of Pretium Resources Inc. and Vice President, Project
Development for G Mining Services, where he worked on the
development of various mining projects in the Americas and
West Africa.
Mr. Godin has been appointed to the Board and Mr. Adams has
stepped down as a director of the Company, effective November 23, 2022.
"The Board of Directors is very pleased to promote Patrick
into the Chief Executive Officer role", stated Ian Pearce, Chair of the Board of New Gold. "The
Board is confident that Patrick's extensive technical experience,
together with his leadership skills and proven track record of
delivering on production and costs, will best position the Company
for future success." Mr. Pearce also added "On behalf of our
shareholders and the Board, I want to thank Renaud Adams for his service and contribution to
the Company and for his ongoing assistance in ensuring a seamless
transition for Mr. Godin."
About New Gold
New Gold is a Canadian-focused intermediate mining Company with
a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New
Afton copper-gold mine. The Company also holds an approximately 5%
equity stake in Artemis Gold Inc. and other Canadian-focused
investments. New Gold's vision is to build a leading diversified
intermediate gold company based in Canada that is committed to the environment
and social responsibility. For further information on the Company,
visit www.newgold.com.
SOURCE New Gold Inc.