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  • June 9, 2022
  • Industry News
New Gold’s Rainy River Mine is a big spender in the northwest

Open-pit gold operator pumps $122 million into Northern Ontario economy

More than a third of New Gold’s total spending at the Rainy River Mine last year stayed within Northern Ontario.

The Toronto-headquartered mining company released its annual Sustainability Report showing its northwestern Ontario open-pit operation generated $325.5 million in procurement spending with local, regional, national and international businesses and organizations.

Broken down, New Gold spent more than $10.4 million with local suppliers in 2021 for the mine site located 65 kilometres northwest of Fort Frances.

Read the full story from Northern Ontario Business HERE

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