New Gold Highlights Potential To Expand C-Zone Past 2030, Presents A Strategic Plan For Further Extending Mine Life At New Afton
Portfolio Pulse from Benzinga Newsdesk
New Gold Inc. has presented a strategic plan to extend the mine life at New Afton beyond 2030. The company is exploring the potential to expand the C-Zone, which could further extend the mine's lifespan.
October 11, 2023 | 5:40 am
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New Gold's strategic plan to extend the life of the New Afton mine could potentially increase the company's long-term revenue and profitability.
The extension of the mine's life means that New Gold can continue to extract and sell gold from this mine for a longer period, potentially increasing its revenue and profitability. This could make the company more attractive to investors, potentially leading to an increase in the stock price.
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