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New Gold Lays Off 85 Employees at New Afton Mine Amid Transition to Production Phase

STRATEGIC MINERALS

New Gold will lay off 85 employees at the New Afton mine near Kamloops as it transitions to a production-focused phase. The layoffs follow a recent shareholder vote to sell the company to Coeur Mining, although New Gold states the layoffs are unrelated to the acquisition.

New Gold Lays Off 85 Employees at New Afton Mine Amid Transition to Production Phase
Feb 18, 2026, 11:16 PM

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