New Gold's New Afton Mine Recognized as a Corporate Champion for Aboriginal Business
24 Juli 2012 - 8:57PM
PR Newswire (Canada)
VANCOUVER, July 27, 2012 /CNW/ - New Gold Inc.'s ("New Gold")
(TSX,NYSE:NGD) New Afton Mine has been selected by the Industry
Council for Aboriginal Business (ICAB) as a recipient of the
Corporate Champion for Aboriginal Business award. New Afton,
located near Kamloops, B.C., is being recognized for its leadership
in fostering opportunities for Aboriginal people and economic
development through its partnership with the BC Aboriginal Mine
Training Association (BC AMTA). The ICAB Recognition Awards honour
individuals and corporations that demonstrate leadership in
developing Aboriginal/non-Aboriginal business relationships. The
Corporate Champion for Aboriginal Business award recognizes a
non-Aboriginal corporation that has demonstrated leadership and
best practices in establishing a working relationship with an
Aboriginal business. "The New Afton Mine management team has shown
proactive leadership by working with BC AMTA to create employment
and contracting opportunities for local First Nations that
surpassed our expectations," said Laurie Sterritt, Executive
Director, BC AMTA. "New Afton consistently challenged the status
quo by making decisions based on the question 'What is the right
thing to do?' and recognizing the financial benefits that result
for First Nations and the company." The New Afton/BC AMTA
partnership has bridged employment gaps in Aboriginal communities,
which Sterritt said has led to greater Aboriginal participation in
the labour market while at the same time filling projected labour
and skills shortages in the mining industry. "Their efforts will
have a positive and measureable impact on individuals, families and
whole communities, as well as B.C.'s overall social and economic
prosperity," Sterritt said. Chief Shane Gottfriedson of the
Tk'emlúps Indian Band agrees the partnership between BC AMTA and
New Gold is a success story. Several of the band's members have
participated in BC AMTA programs and are now working at the New
Afton Mine. "The partnership is an excellent example of how First
Nations and the mining industry can work together to come up with
solutions that work for us all. Economic development is the door to
financial freedom and prosperity for First Nations, and this serves
as a shining example," said Chief Gottfriedson. "We are honoured to
be recognized by ICAB," said Ann Wallin, Human Resources Manager,
New Gold. "The partnership the New Afton Mine has created with BC
AMTA exemplifies New Gold's commitment to working with people in
the communities where we operate." Wallin said supporting skills
development and training in local First Nation communities is part
of New Gold's vision to create shared value by offering economic
opportunities for the community while also developing an
experienced labour force for the project. "It's more than just good
business sense, it's the right thing to do," said Wallin. The 2012
ICAB Recognition Awards were presented at a special fundraising
event in Vancouver on July 26. For more information about the ICAB
Recognition Awards, visit www.icab.ca. About New Gold Inc. and the
New Afton Mine New Gold is an intermediate gold mining company. The
company has a portfolio of four producing assets and two
significant development projects. New Gold's New Afton project met
its targeted June 2012 production start and is scheduled to begin
commercial production in August 2012. New Afton is an underground
gold, copper and silver mine, developed by New Gold at a cost of
$760 million and expected to yield an average of 85,000 ounces of
gold and 75 million pounds of copper annually over its 12-year mine
life. For further information on the company, please visit
www.newgold.com. New Gold Inc. CONTACT: Hannes PortmannVice
President, Corporate DevelopmentDirect: +1 (416) 324-6014Email:
info@newgold.com
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