new gold is an intermediate gold mining company.the company has a portfolio of four producing assets and two significant development projects. the new afton mine in canada, the mesquite mine in the united states, the peak mines in australia and the cerro san pedro mine in mexico, provide the company with its current production base. in addition, new gold owns 100% of the rainy river and blackwater projects, both in canada. new gold’s objective is to be the leading intermediate gold producer, focused on the environment and social responsibility.