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Lower Production at Cerro San Pedro will Cause New Gold 2013 Silver Production to Fall

Investing News Network
Feb. 07, 2013 11:25AM PST
Silver Investing

Mineweb reported that silver production for New Gold will fall in 2013 due to reduced production at Cerro San Pedro .

Mineweb reported that silver production for New Gold will fall in 2013 due to reduced production at  Cerro San Pedro .

As quoted in the market report:

Meanwhile, 2013 silver production at the Cerro San Pedro operation is expected to decline to 1.4 million to 1.6 million ounces due to the planned processing of lower silver grades as a result of mine sequencing. New Gold’s 2012 silver production was 1,938,500 ounces, down from 1,989,300 ounces in 2011.

To view the full Mineweb report, click here. 

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