New Gold has a portfolio of four producing assets and three significant development projects. New Gold's New Afton project met its targeted June 2012 production start and began commercial production ahead of schedule in July 2012. In addition, New Gold owns 100% of the exciting Blackwater project in British Columbia and 100% of the newly-acquired Rainy River project in Ontario, both in Canada, and 30% of the world-class El Morro project located in Chile. The Company's experienced board and management team is pursuing an aggressive growth strategy which encompasses internal growth through development projects and continuous improvement at our existing operations, and external growth through additional value enhancing merger and acquisition opportunities.
Refer to Reserves and Resources page for more detailed information and notes to Reserves and Resources.