Production fell 33% to 52,431 ounces of gold, 7.
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New Gold has reported another challenging quarter with a net loss of US$37.9 million on sales of $115.7 million for the quarter to June 30, compared with a net loss of $15.8 million in the prior year quarter due to increased costs.
New Gold's Rainy River in Ontario, Canada
Production fell 33% to 52,431 ounces of gold, 7.
Costs hit some producers more than others
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