New World Gold Corp. announced earnings results for the full year ended December 31, 2012. For the year, the company reported revenue of $8,180,127 versus $5,472,194 for the same period last year.

This represents an increase of $2,707,933 or 49.5 %. The net profit was $1,836,664 versus $660,243 last year. This is an increase of $1,176,421 or 178%.

The significant increase in revenues and profits is a result of increased production in the mines and continued development in the company mills.