... the land is returned as it was before the mine existed

The company operates three oreproducing mines : Mesquite Mines in Imperial County , Calif .; Peak Mines in New South Wales , Australia ; and Cerro San Pedro in Central Mexico . In 2012 ,

New Gold is set to begin production in its wholly owned New Afton mine in Southwestern Canada . “ One advantage we have is that we are operating in multiple jurisdictions all over the world ,” says Robert Gallagher , president and CEO . By merging its efforts with four junior mining firms , New Gold has positioned itself to become a major mining operation .

“ We currently produce about 350,000 ounces of gold per year ,” Gallagher claims . “ Through its different ventures , New Gold plans on producing just under 500,000 ounces of gold by 2013 .” By obtaining mines that are already producing , the company is able to fund newer projects that will exponentially increase the company ’ s production output . “ We are fully funded in terms of organic growth ,” he says . “ New Gold ’ s merger and acquisitions strategy , plus strengthening metal prices are creating more opportunities for growth .” By applying the appropriate cost-effective method of extraction to each specific mine , the company is able to produce the most ore at cash costs well below the industry average , Gallagher claims .

From 2008 to 2009 , New Gold lowered its extraction cost per ounce significantly . “ It ’ s definitely a testament to the teams at the job sites ,” he says . “ They are a top-flight group of people who offer the firm a wide range of abilities and flexibility to make the operations run as cost

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