New Gold (NYSE:NGD) hits commercial production at new mine

in #steemsilvergold • 7 years ago

Untitled.jpg

Rainy River Mine began processing ore as scheduled on September 14, 2017, and announced its first gold pour on October 6, 2017. In the first 30 days of operation, Rainy River has successfully processed approximately 457,000 tonnes of ore.

Inclusive of four days of intentional downtime as part of the commissioning plan, the processing rate averaged 15,200 tonnes per day, or 72% of the 21,000 tonnes per day nameplate capacity.

New Gold defines commercial production as exceeding 60% of nameplate capacity over a 30-day period. Importantly, for the period October 1-18, 2017, the processing rate averaged 19,000 tonnes per day, or 90% of nameplate capacity.

http://www.newgold.com/investors/NewGoldNews/PressReleaseDetail/2017/New-Gold-Achieves-Commercial-Production-at-Rainy-River-Mine/default.aspx

#gold #silver #money #blog
7 years ago in #steemsilvergold by
$0.12
  • Past Payouts $0.12, 0.00 TRX
  • - Author $0.10, 0.00 TRX
  • - Curators $0.02, 0.00 TRX
9 votes
Reply 3
Sort:  
  • Trending
    • [-]
     7 years ago 


    This post was resteemed by @steemitrobot!
    Good Luck!

    Resteem your post just send 0.100 SBD or Steem with your post url on memo. We have over 2000 followers. Take our service to reach more People.

    Pro Plan: just send 1 SBD or Steem with your post url on memo we will resteem your post and send 10 upvotes from our Associate Accounts.

    The @steemitrobot users are a small but growing community.
    Check out the other resteemed posts in steemitrobot's feed.
    Some of them are truly great. Please upvote this comment for helping me grow.

    $0.00
      Reply
      [-]
       7 years ago 

      I like this, follow me @iskanultaufik

      $0.00
        Reply
        [-]
         7 years ago 

        @eileenbeach has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

            To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
    To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
    To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo
        $0.00
          Reply

          Coin Marketplace

          STEEM 0.19
          TRX 0.15
          JST 0.029
          BTC 63098.94
          ETH 2621.87
          USDT 1.00
          SBD 2.74