New Gold expects Q4 New Gold to be strongest of the year Expects FY14 gold production to reach 380K-420K ounce guidance. Gold production at New Afton and the Peak Mines is scheduled to be at the mid-point of their respective guidance ranges, while production at Mesquite and Cerro San Pedro is expected be at the low end of their ranges. At the same time, with the strong year-to-date performance of New Afton and the Peak Mines, consolidated copper production is positioned to meet or exceed the high end of the guidance range of 92M-100M pounds. Consolidated silver production is expected to achieve the guidance of 1.35M-1.75M ounces.
New Gold reports Q3 gold production of 93,367 ounces at $848 an ounce Reports Q3 copper production of 25.6M pounds. New Gold delivered $79M in net cash generated from operations before changes in working capital including $58M in net cash generated from operations.