New Gold Inc. unveils outlook highlighting gold and copper production growth and sustainability initiatives

Reuters
2025.11.24 15:54
portai
I'm PortAI, I can summarize articles.

New Gold Inc. has outlined its production guidance for New Afton and Rainy River mines, projecting significant growth in gold and copper production by 2025. The company expects a 35% increase in gold and a 90% increase in copper production, with a decline in all-in sustaining costs by 65%. Sustainability efforts include a 15% reduction in greenhouse gas emissions and 33% female board representation. Indigenous employment is at 24%. The presentation was published on November 24, 2025.

New Gold Inc. has released a corporate presentation outlining production guidance and operational highlights for its two main assets: New Afton and Rainy River. The New Afton underground block cave mine in British Columbia is expected to produce 60,000 to 70,000 ounces of gold and 50 to 60 million pounds of copper in 2025, with a reserve mine life extending to 2031. The Rainy River operation in Ontario, which includes both open pit and underground mining, is projected to deliver 265,000 to 295,000 ounces of gold in 2025, with a reserve mine life until 2033. The company anticipates significant production growth over the next three years, estimating a 35% increase in gold production and a 90% increase in copper production. All-in sustaining costs are expected to decline by 65% over the same period. New Gold also reports a focus on sustainability, health and safety, and strong governance, with a 15% reduction in Scope 1 and Scope 2 greenhouse gas emissions since 2020 and 33% female representation on its Board of Directors. Indigenous employment accounts for 24% across operations. You can access the full presentation through the link below. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Gold Inc. published the original content used to generate this news brief on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here