News: NCM Newcrest Posts Q1 Gold Production Of 503,089 Oz

Oct 29 (Reuters) - Newcrest Mining Ltd (NCM) :

• Q1 GROUP AISC OF $980 PER OZ VERSUS $899 PER OZ AS REPORTED LAST YEAR
• Q1 GOLD PRODUCTION 503,089 OZ VERSUS 511,636 OZ AS REPORTED LAST YEAR
• SEPTEMBER QUARTER IN LINE WITH EXPECTATIONS AND ON TRACK FOR MEETING ANNUAL GUIDANCE
• Q1 COPPER PRODUCTION OF 34,763 TONNES VERSUS 24,773 TONNES AS REPORTED LAST YEAR
• GOLD AND COPPER PRODUCTION EXPECTED TO INCREASE IN THE DECEMBER QUARTER
• EXPECT PRODUCTION TO BE HIGHER IN DEC QUARTER; CO ON TRACK TO MEET FY21 PRODUCTION GUIDANCE
• LOOKS FORWARD TO RE-ENGAGING WITH STATE OF PNG & PROGRESSING DISCUSSIONS ON SPECIAL MINING LEASE FOR WAFI-GOLPU PROJECT