New Gold CEO says Turnaround Accelerates 96,000oz Gold Equivalent Q2 at Near US$1,400 AISC
New Gold (TSX: NGD; NYSE American: NGD) is leaning into a full turnaround. Q2 production reached 96,000 ounces of gold equivalent at an all-in sustaining cost of US$1,400 per ounce. The share price is up approximately 125% year over year, and the market value is around US$5 billion. Speaking at Mining Forum Americas in Colorado Springs, CEO Patrick Godin kept the message simple: “What we can control is the execution of our plan and to deliver our guidance.” He says projects remain on time and on budget, with New Afton’s copper uplift adding meaningful leverage.
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