New Gold produces 347,054 gold equivalent ounces in 2022, achieves updated guidance

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New Gold produces 347,054 gold equivalent ounces in 2022, achieves updated guidance
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New Gold produces 347,054 gold equivalent ounces in 2022, achieves updated guidance

Welcome to Kitco News' 2023 Outlook Series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to cool down inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023.

The company said that in Q4 2022, Rainy River delivered the strongest quarter of the year, driven by a 25% increase in quarter-over-quarter grades as higher grade underground ore was introduced to the mill, which was partially offset by lower throughput.

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