New World Gold Corp. announced earnings results for the year ended December 31, 2013. Revenue for the year ended December 31, 2013 was $8,241,330 against $8,180,127 in 2012. Net profit for 2013 was $2,200,758 against $1,838,664 in 2012, an increase of 19.7%. The company increased the value of plant and equipment from $3,844,519 to $4,614,494, an increase of 20%. The increase in revenue and profits is a result of increased production in the mines and mills, reduction in operating costs and increased efficiency in its milling operation.

The company projects that revenue and profits will increase in 2014. The company expects to increase contract milling in 2014 as well as increasing mining and milling of its own reserves.