NWGC News $NWGC IHUB Most Posted And Most Read
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Anthony Cataldo - at Seeking Alpha - Wed Feb 11, 8:43AM CST
PPHM: 1.28 (+0.03)
New World Gold Corporation Signs Contract to Supply Gold to Chinese Company
Business Wire - Wed Feb 04, 12:40PM CST
New World Gold Corporation, (OTC Pink:NWGC), a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce that on February 4, 2015 it signed an agreement with Aguila Dorada De Sur America Aguidomerica SA a Chinese based company to supply a minimum of 120 kilos of gold (4225 ozs) per month to a maximum of 200 kilos per month. The minimum monthly value of the contract is estimated to be $4,761,000. Assuming an average price of gold for a year to be $1240.00 per oz, this contract will generate approximately $57,000,000 in revenue in the first year.
New World Gold Projects a Profit for 2014
Business Wire - Tue Dec 30, 6:00AM CST
New World Gold Corporation, (OTC Pink:NWGC) a gold mining and milling company with existing operations in Ecuador and Peru is projecting revenues in excess of $8,500,000 and a profit of $2,500,000 for the year ended December 31, 2014. The Company is projecting that it will produce in excess of 10,000 ozs of gold in 2015.
New World Gold Corporation To Begin Production on New Veins
Business Wire - Mon Nov 24, 8:47AM CST
New World Gold Corporation (OTC Pink: "NWGC", a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce it will bring a new shaft on production in December, 2014.
New World Gold Corporation Produces Record Profits
Business Wire - Wed Nov 05, 6:01AM CST
New World Gold Corporation (OTC Pink: NWGC), a gold mining and milling company with existing operations in Ecuador and Peru, is pleased to announce its third quarter financial results for the period ending September 30, 2014. The Company had revenues of $7,671,561 for the 9 month period ending September 30, 2014 versus $5,907,327 last year. This is an increase in revenue of $1,764,234 or 30%.
New World Gold Corporation to Begin Production on Zumba Project
Business Wire - Mon Sep 08, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC) a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce its Zumba Project is ready to begin production. The initial daily production will be 40 Tons of ore per day with a head grade of 4.0 grms of gold per ton. This will produce 160 grm (5.2 Ozs) of gold per day. Initial monthly production will be 4000 grms (130 ozs) of gold per month generating cash flow of $162,500 per month. Within 90 days from initial production, the daily production will be 80 tons of ore per day with an average head grade of 4.0 grms per ton. This will generate 320 grms (10.3ozs) of gold per day, and cash flow of $321,875 per month.
New World Gold Successfully Tests Its Portable Concentrators
Business Wire - Tue Aug 26, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC), a gold mining and milling company with existing operations in Ecuador and Peru, is pleased to announce that the testing of its portable concentrators was very successful with excellent results. Each portable concentrator is able to process 2 to 3 tons of ore per hour with initial results producing a range of 4 to 8 grams of gold per ton. The Company currently has six (6) portable concentrators. The portable concentrators are very mobile and as a result of this mobility are excellent at assessing different parts of the tailings piles. The portable concentrators allow the Company access to remote tailings piles to maximize the highest value areas for processing. The target areas are confirmed thru independent testing. Based on results obtained during testing - an average of 4gms per ton, a single portable concentrator will produce 96gms of gold (3.1 Ozs) to 192 gms (6.2 gms) of gold in a 12 hour shift. The Company has 6 portable concentrators.
New World Gold Corporation to Enhance Shareholder Value
Business Wire - Tue Aug 12, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC) a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce that it will begin a buy back of 20,000,000 of its common shares under Sections 9(a)(2) and 10(b) of the Exchange Act and Rule 10b-5 under the Exchange Act when issuers repurchase their common stock in the market in accordance with the Rule's manner, timing, price and volume conditions. Each of the conditions of Rule10b-18 must be satisfied on each day that the repurchase is made. The initial repurchase will be completed by December 31, 2014.
New World Gold Corporation Continues to Show Growth in Operations Through Increases in Revenue and Profits
Business Wire - Wed Aug 06, 6:00AM CDT
New World Gold Corporation (OTC Pink:NWGC), a gold mining and milling company with existing operations in Ecuador and Peru, shows growth through increased revenues and profits for the second quarter ending June 30,2014.
New World Gold Corporation to Hold Conference Call for Investors
Business Wire - Mon Aug 04, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC ), a gold mining and milling company with existing operations in Ecuador and Peru, has scheduled a conference call for investors on Wednesday, August 6, 2014 at 4:30 pm Eastern Standard Time. Anyone wishing to participate in the conference call can do so by calling 1-712-432-1212 and using the ID Number 625-963-722.
New World Gold Corporation Schedules Opening of New Mill
Marketwire - Mon Jul 21, 6:00AM CDT
New World Gold Corporation, (PINKSHEETS: NWGC), a gold mining and milling company with existing mining and milling operations in Ecuador and Peru has agreed to begin processing tailings piles for independent mining operations. The Company is building a new 50 ton a day mill to increase its processing capability. The new mill is scheduled to be fully operational by August 20, 2014. It is expected that the mill will operate at capacity within 3 to 4 weeks of start up
New World Gold Projects Profits for the End of the Second Quarter
Marketwire - Mon Jul 14, 6:00AM CDT
New World Gold Corporation (PINKSHEETS: NWGC), a gold mining and milling company with existing mining and milling operations in Ecuador and Peru projects that it will have increased profits for the second quarter ending June 30,2014 compared to the second quarter June 30,2013.
New World Gold Corporation To Begin Processing Tailings Piles
Business Wire - Wed Jul 09, 10:04AM CDT
New World Gold Corporation, (OTC Pink: NWGC), a gold mining and milling company with existing mining and milling operations in Ecuador and Peru has agreed to begin processing tailings piles for independent mining operations. The Company's expanded operations using portable generators are ideal for this project.