New Gold reports Q2 production 132,556 gold equivalent oz.
New Gold reports Q2 operating results from the Rainy River and New Afton Mines. The company maintained its liquidity position of approximately $400M. Total production - excluding production from the Cerro San Pedro Mine - for Q2 was 132,556 gold equivalent ounces - 85,216 ounces of gold, 151,305 ounces of silver and 21.6 million pounds of copper. Production is on track to meet annual guidance of 465K-520K gold equivalent ounces. The Rainy River Mine reported gold equivalent production of 66,765 ounces - 66,013 ounces of gold and 66,157 ounces of silver - for the quarter. The New Afton Mine delivered gold equivalent production of 65,791 ounces: 19,203 ounces of gold and 21.6 million pounds of copper.