New Gold reports Q4 production 80,438 ounces of gold,14.5M pounds of copper

“The fourth quarter was our highest production quarter of the year. This was during a quarter that saw New Gold (NGD) deliver on key growth milestones including commercial production at New Afton’s C-Zone and first ore from Rainy River underground, both ahead of schedule,” stated Patrick Godin, president and CEO. “New Afton delivered a standout quarter for gold production, beating the top end of its gold production guidance range. Rainy River experienced operational challenges in December impacting processing capabilities, leading to a slight miss on updated consolidated gold production guidance for the year.”