Seeking Alpha – New Gold’s CEO Discusses Q4 2013 Results – Earnings Call Transcript
During the quarter, our four operating mines produced 107,000 ounces of gold at very low cost. This enabled us to generate over $90 million of cash flow in the quarter. In 2013 New Gold produced 398,000 ounces of gold at a cash cost of $377 an ounce, representing the lowest cash costs in our companys history. Our low cost position enables us to generate strong cash flows in 2013. After adjusting for non-recurring items, we generated $249 million of cash flow. Our adjusted earnings in the quarter were $0.04 per share and for the full year were $0.13 a share.









