New Gold Planning 10% Production Increase

Mining Weekly reported that New Gold (TSX:NGD) expects 2012 production to be 10% higher than the previous year.

As quoted in the market news:

The company has said it aims to double gold production by 2017, as its large Blackwater deposit, located north of New Afton, comes into production, and as well as its 30%-owned El Morro project in Chile.

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