New Gold Announces Lowest Costs and Highest Cash Flow Quarter in its History with Record Net Earnings and Net Cash Generated from Operations in 2012
Fourth Quarter 2012 Highlights
- Strong finish to 2012 with fourth quarter gold production of 112,883 ounces
- Established quarterly records for key metrics:
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Lowest total cash costs(1) of $254 per ounce
- Highest net cash generated from operations of $106 million
- Highest net earnings of $124 million, or $0.26 per share
- Adjusted net earnings(2) of $50 million, or $0.11 per share
- New Afton mill averaged a daily throughput of 11,700 tonnes, or 106% of design capacity, during its first full quarter of operation
hey Chris,...I am .looking for a link to the news release to post, as what I received is too large to cut and paste here