NGD - New Gold halts New Afton underground mining after fatal incident

New Gold ([[NGD]] -6.7%) says it has suspended all underground mining and surface activities at the New Afton Mine in British Columbia, as authorities continue to investigate a fatal incident at the mine.On Feb. 2, the mine experienced an underground mud rush incident which killed a contract driller and injured two New Gold employees.The company says the mud rush was localized underneath the Lift 1 cave in the isolated recovery zone area, which does not interact with the other areas of the mine.New Afton production averages ~16K metric tons/day.New Gold shares have "a good chance to continue its upside trend if the gold price moves higher," Vladimir Zernov writes in an analysis published recently on Seeking Alpha.

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New Gold halts New Afton underground mining after fatal incident