NCM newcrest mining limited
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News: NCM Australia's Newcrest Mining posts 16% fall in gold production

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    30/01/20
    08:45
    Post #: 42635119

    Jan 30 (Reuters) - Newcrest Mining Ltd (NCM) posted a 16% fall in second-quarter gold output on Thursday, hit by several shutdowns at its Lihir mine in Papua New Guinea.

    Australia's biggest independent gold miner said total gold production fell to 551,115 ounces in the three months ended Dec. 31, from 654,849 ounces a year earlier. This compares to an estimate of 616,000 ounces from brokerage UBS.

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