Examples of New Gold in a sentence
I have reviewed the interim financial report and interim MD&A (together, the “interim filings”) of New Gold Inc.
New Gold believes that "all-in sustaining costs per gold equivalent ounce" provides further transparency into costs associated with producing gold and will assist analysts, investors, and other stakeholders of the Company in assessing its operating performance, its ability to generate free cash flow from current operations and its overall value.
New Gold reports total cash costs on a sales basis and not on a production basis.
The WGC has worked with its member companies, including New Gold, to develop a measure that expands on IFRS measures such as operating expenses and non-GAAP measures to provide visibility into the economics of a gold mining company.
New Gold calculates "all-in sustaining costs per gold equivalent ounce" based on guidance announced by the World Gold Council (“WGC”) in September 2013.
Full dataset for EPL licenced monitoring stations are located on New Gold web page.
New Gold believes the all-in sustaining costs measure provides further transparency into costs associated with producing gold and will assist analysts, investors and other stakeholders of the Company in assessing its operating performance, its ability to generate free cash flow from current operations and its overall value.
New Gold believes that this measure, along with sales, is a key indicator of a Company’s ability to generate operating earnings and cash flow from its mining operations.
New Gold defines "sustaining capital" as net capital expenditures that are intended to maintain operation of its gold producing assets.
New Gold is committed to excellence in corporate social responsibility.