Cerro San Pedro

New Gold (AMEX:NGD) Shares Plunge as Mexican Court Denies Appeal

Filed in Cerro San Pedro, Gold, Gold Prices, New Gold by on July 7, 2010 0 Comments

New Gold (AMEX:NGD) (TSE:NGD) said today it has had its appeal concerning the revocation of its environmental permit at its Cerro San Pedro mine, denied by a Mexican court. This evidently reverses an injunction they won in December against the original ruling which force operations at the mine to be suspended, but which freed them to continue production to this point in 2010. For New Gold this

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New Gold’s (TSE:NGD) Cerro San Pedro Mine Resumes Operations

Filed in Cerro San Pedro, Gold, New Gold, silver by on March 17, 2010 0 Comments

New Gold’s Cerro San Pedro Mine Open for Full OperationsNew Gold’s (TSE:NGD) announced operations at its Cerro San Pedro mine in Mexico have resumed after it had been partially closed down while waiting for a court to make a decision on the use of explosives at the project.In 2009 the environmental ministry revoked the permit given to the company in 2006, based on a federal court ruling in the

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