New Gold increased gold reserves by 127% in 2013 New Gold reported Q4 production of 106,520 ounces of gold and 24.0M pounds of copper. In 2013, the company achieved total cash costs of $377 per ounce, the lowest in its history. Its 2013 production was 397,688 ounces of gold, 85.4M pounds of copper and 1.6M ounces of silver. Its 2013 year-end mineral reserves were 18.5M ounces of gold, an increase of 127% per share when compared to the end of 2012. Its year-end cash balance was $414M.
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