NCM newcrest mining limited

News: NCM Australian miner Newcrest's quarterly gold output falls over 18%

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    Oct 17 (Reuters) - Australia's largest gold miner Newcrest Mining (NCM) on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter.

    Newcrest, which is currently in the final stages of ratifying a $16.81 billion takeover from Newmont NEM.N , produced 454,312 ounces (oz) of the precious metal in the three months ended Sept. 30, compared with 556,187 oz in the quarter ended June 30.

 
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