NCM newcrest mining limited
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News: NCM Australia's Newcrest posts slight drop in third-quarter gold output

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    29/04/21
    08:30
    Post #: 52799198

    April 29 (Reuters) - Newcrest Mining Ltd (NCM) posted a 1.2% fall in third-quarter gold output on Thursday, hit by lower production at its Lihir mine in Papua New Guinea and a slow recovery at its flagship Cadia mine.

    Australia's largest listed gold miner's output for the three months ended March 31 was 512,424 ounces, compared with 518,770 ounces a year earlier.

    The figure beat an RBC estimate of 491,539 ounces of output for the period.

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