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Stock impact report

New Gold Reports Preliminary Fourth Quarter and Annual Results; Achieves Annual Production Guidance

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Business Wire
Provides Notice of Release of Fourth Quarter Financial Results and Updated Mine Plans TORONTO--(BUSINESS WIRE)--New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) reports preliminary fourth quarter and annual results from the Rainy River and New Afton Mines, achieving annual production guidance. (All amounts are in US dollars unless otherwise indicated).Consolidated Fourth Quarter and Annual HighlightsTotal production (excluding production from the Cerro San Pedro Mine) for the fourth quarter was 101,423 gold equivalent (gold eq.) ounces (66,856 ounces of gold, 140,475 ounces of silver and 18.3 million pounds of copper). For the year, production was 486,141 gold eq. ounces (322,557 ounces of gold, 596,452 ounces of silver and 79.4 million pounds of copper), achieving annual guidance of 465,000 to 520,000 gold eq. ounces.Total cash costs1,2 are expected to increase in the quarter and achieve the higher end of guidance of $740 to $820 per gold eq. ounce for the Show less Read more
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