News: NCM Newcrest Mining Updates Group Gold Production Guidance For FY20

March 11 (Reuters) - Newcrest Mining Ltd (NCM) :

• UPDATED GROUP GOLD PRODUCTION GUIDANCE FOR FY20 IS 2,100 - 2,200KOZ
• WORKING TO ACCELERATE POTENTIAL OF COMMENCING RED CHRIS EXPLORATION DECLINE IN LATE CY20
• WORKING TO ACCELERATE POTENTIAL OF COMMENCING HAVIERON EXPLORATION DECLINE BY END OF 2020 OR EARLY 2021
• OPERATING IMPROVEMENTS PLANNED AT LIHIR FOR REMAINDER OF FY20 WILL BE INSUFFICIENT TO ADDRESS ITS SHORTFALL IN PRODUCTION
• SEES FY20 TOTAL CAPEX OF $710 MILLION TO $790 MILLION
• GROUP COPPER PRODUCTION GUIDANCE FOR 12 MONTHS ENDING 30 JUNE 2020 IS140 - 145 KT
• FY 20 GOLD PRODUCTION GUIDANCE FOR CADIA IS 800 - 840 KOZ