In early July 2015, Newmarket completed a transformational merger with Crocodile Gold to form a new top 20 Canadian listed gold mining company with three 100% owned operating mines across Australia producing more than 200,000 ounces annually. Newmarket is focused on creating substantial shareholder value by maintaining a strong foundation of quality gold production, generating free cash flow and maintaining a large resource base as it executes a clearly defined and disciplined gold asset consolidation strategy. The Newmarket team includes an experienced and dedicated operations team, with a history of increasing production and decreasing costs, combined with a capital markets focused senior management team and Board of Directors who have a proven track record in strategically accessing capital for growth, acquiring, developing and operating underground and open pit mines and creating substantial shareholder value. Newmarket’s strategy is to maintain quality gold production from its’ existing operations while becoming a new gold industry consolidator solidly positioned to acquire additional high-quality gold assets in the world’s best mining jurisdictions.
Moving forward, the Company continues to focus on the safe and sustainable operations of its mines , maintaining a disciplined approach to growth, and building gold reserves and resources while upholding the high standards that the Newmarket Gold Core Values represent.