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New Gold Expects 2024 Consolidated Gold Production To Be 310,000-350,000 Ounces Vs. 321,178 In 2023

Author: Benzinga Newsdesk | February 13, 2024 06:31pm

Production is expected to strengthen in the second half of the year, with the second half of 2024 expected to represent approximately 60% of annual production as waste stripping at Rainy River is sequenced in the first half of the year. 2024 copper production is expected to be 50 to 60 million pounds, approximately 16% higher than 2023 driven by increased contribution from C-Zone at New Afton.

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