New Gold is looking to beef up production at its Rainy River mine.
It’s projecting to produce between 270,000 and 290,000 ounces of gold this year.
That’s up 22% over last year.
The company credits an increase in higher grade tonnes being mined and processed.
New Gold is also planning an economic study to look at the potential of a standalone underground operation going beyond 2028, the current end-of-life date for the mine.
