Gold production of 105,064 ounces increased by 6% relative to 2016 coupled with copper production of 26.4 million pounds
Operating expense of $627 per gold ounce and $1.26 per copper pound
All-in sustaining costs(1) of $737 per ounce, including total cash costs(2) of $360 per ounce, consistent with the prior-year quarter
Cash generated from operations of $80 million, or $0.14 per share
Cash generated from operations before changes in non-cash operating working capital(3) of $76 million
Net earnings of $23 million, or $0.04 per share
Adjusted net earnings(4) of $13 million, or $0.02 per share
Rainy River project schedule and capital cost estimate remain in line with New Gold's updated plan announced on January 30, 2017
Rainy River project capital expenditures totalled $160 million during the quarter
Entered into gold price option contracts covering 120,000 ounces of second half 2017 production (20,000 ounces per month) ensuring a guaranteed floor price of $1,250 per ounce while providing continued exposure to increases in the gold price up to $1,400 per ounce
Subsequent to the end of the quarter, the company initiated a process to divest the Peak Mines, located in New South Wales, Australia as the company continues to focus on its America's centric portfolio of operating mines and development projects
June 30, 2017 cash and cash equivalents of $199 million
Rainy River successfully achieved start-up on September 14, 2017 with the first gold pour announced on October 6, 2017
Commercial production successfully achieved in mid-October, ahead of plan
Amendment to Schedule 2 of the Metal Mining Effluent Regulations required to close two small creeks and deposit tailings, became effective on September 27, 2017
Gold production of 82,027 ounces and copper production of 26.0 million pounds (includes Peak Mines)
Operating expense from continuing operations of $601 per gold ounce and $1.30 per copper pound
All-in sustaining costs(1) of $792 per ounce, including total cash costs(2) of $339 per ounce
Cash generated from operations of $66 million, or $0.11 per share
Cash generated from operations before changes in non-cash operating working capital(3) of $61 million
Net earnings of $27 million, or $0.05 per share
Adjusted net earnings(4) of $4 million, or $0.01 per share
September 30, 2017 cash and cash equivalents of $207 million
Entered into copper price option contracts covering approximately 60 million pounds of 2018 production ensuring a guaranteed floor price of $3.00 per pound while providing continued exposure to increases in the copper price up to $3.37 per pound
New Gold verkauft Peak Mines für 58 Mio. Cash an Aurelia Metals
Das sich New Gold von dieser Mine trennen wird, wurde bereits im letzten Quartalsbericht erwähnt:
"As the company began a process for the sale of its Peak Mines located in Australia, and expects a sale of the asset within the next few months, Peak Mines has been classified as a discontinued operation."
Full-year gold production of 430,864 ounces was at the high end of the guidance range of 380,000 to 430,000 ounces
Copper production of 104 million pounds met the guidance range of 100 to 110 million pounds
All-in sustaining costs(1) for 2017 have not yet been finalized, however, are expected to be below the Company's previously lowered guidance range of $760 to $800 per ounce
Fourth quarter production of 154,446 ounces of gold and 28 million pounds of copper
Rainy River achieved start-up on September 14, 2017 and completed first gold pour on October 5, 2017
Rainy River achieved commercial production in mid-October, ahead of plan
Year-end cash and cash equivalents of approximately $216 million
2018 Guidance
Gold production of 525,000 to 595,000 ounces, an increase of 30% relative to 2017 gold production
Copper production of 75 to 85 million pounds, with the decrease relative to 2017 primarily due to the sale of Peak Mines
Operating expense of $555 to $595 per gold ounce and $1.35 to $1.55 per copper pound
All-in sustaining costs of $860 to $900 per ounce, including total cash costs(2) of $360 to $400 per ounce
New Gold musste am Freitag ein neues 52 Wochen-Tief bei 2,54$ hinnehmen. Fundamentale Gründe sehe ich nicht. Die Geschäftszahlen für 2017 werden am 20. Februar vorgelegt.
noch vor zwei Jahren, hieß es noch, dass die NEW Gold auch bei einem Goldpreis von 700 Dollar Gewinn erzeugen würde, jetzt ist der Goldpreis doppelt so hoch und der Kurs hat sich mehr als halbiert
Full-year gold production of 430,949 ounces (including Rainy River pre-commercial production) was at the high end of the guidance range of 380,000 to 430,000 ounces
Copper production of 104 million pounds met the guidance range of 100 to 110 million pounds
Operating expense of $646 per gold ounce and $1.34 per copper pound
All-in sustaining costs(1) of $727 per ounce, including total cash costs(2) of $403 per ounce, were below the Company's previously lowered guidance range of $760 to $800 per ounce
Rainy River achieved commercial production in mid-October, ahead of plan
Cash generated from operations of $342 million
Cash generated from operations before changes in non-cash operating working capital(3) of $299 million
Rainy River total carrying value reduced by $181 million
Net loss of $108 million, or $0.19 per share
Adjusted net earnings(4) of $49 million, or $0.09 per share
Year-end cash and cash equivalents of $216 million
