1220 [Dow Jones] Large gold miners particularly savaged, hit by double whammy of 1.1% fall in gold price overnight, Newmont's 1Q05 results, CEO of world's largest gold producer citing rising fuel and commodity prices as driving 9% rise in per ounce production costs from 1Q04. Newcrest (NCM.AU) falls to near 7 month low A$14.30; last at A$14.33, down 3.8%. Lihir (LHG.AU), citing cost pressures at Tuesday's AGM, down 4.7% at A$1.02. Oxiana (OXR.AU) and Anglogold (AGG.AU) both off more than 2.0%. (WEL)
NCM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held