(Adds details in paragraph 2-5)
July 25 (Reuters) - Australia's largest gold miner Newcrest Mining Ltd (NCM) on Tuesday reported a 9.1% sequential rise in fourth-quarter gold output, as easing production snags at its flagship Cadia mine in New South Wales drove a rebound in production.
Lower planned and unplanned maintenance at Cadia boosted mill throughput, with production rising nearly 14% sequentially, bouncing back after a drop in the previous quarter.
Newcrest's Lihir mine in Papua New Guinea also recorded an 8.2% sequential rise in production.
The gold miner, which is currently the subject of a A$26.2 billion ($17.65 billion) takeover offer from Newmont Corp NEM.N , produced 556 kilo ounces (koz) of the yellow metal in the three months ended June 30, below a Visible Alpha consensus estimate of 584 koz.
It produced 510 koz of gold in the third quarter, and 637 koz a year earlier.
($1 = 1.4841 Australian dollars)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.73M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $10.5K | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 200000 | 2 |
View Market Depth
| Last trade - 10.00am 12/09/2025 (20 minute delay) ? |
| IOD (ASX) Chart |