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

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.