NCM 0.00% $23.35 newcrest mining limited

News: NCM Australia's Newcrest fourth-quarter gold output rises 9%

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    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.

    Newcrest, 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, above 510 koz in the third quarter.

    ($1 = 1.4841 Australian dollars)

 
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