April 28 (Reuters) - Newcrest Mining Ltd (NCM) : QTRLY COPPER...

April 28 (Reuters) - Newcrest Mining Ltd (NCM) :

• QTRLY COPPER PRODUCTION 31 KT VERSUS 35 KT REPORTED LAST YEAR
• PRODUCTION EXPECTED TO FURTHER INCREASE IN JUNE 2022 QUARTER
• QTRLY GOLD PRODUCTION 480KOZ VERSUS 512KOZ REPORTED LAST YEAR
• QTRLY GROUP AISC $1,008/OZ VERSUS $891/OZ REPORTED LAST YEAR
• GROUP FY22 GUIDANCE UPDATED
• HIGHER GOLD PRODUCTION AND A LOWER ALL-IN SUSTAINING COST IS NOW ANTICIPATED FOR FY22
• LIHIR PHASE 14A AND CADIA PC1-2 FEASIBILITY STUDIES EXPECTED TO BE RELEASED DURING SEPTEMBER 2022 QUARTER
• FY PRODUCTION STRIPPING AND MAJOR CAPEX EXPECTED TO BE LOWER DUE TO COVID-19 RELATED DISRUPTIONS TO PROJECTS AND REDUCED ACTIVITY AT LIHIR
• LIHIR IS EXPECTED TO DELIVER AROUND BOTTOM OF ITS ORIGINAL PRODUCTION GUIDANCE RANGE FOR FY22
• AT BRUCEJACK, ASSESSING POTENTIAL TO INCREASE PROCESS PLANT CAPACITY TO BETWEEN 4,500 TO 5,000 TONNES PER DAY
• LIHIR IS EXPECTED TO DELIVER STRONG Q4
• FY GOLD PRODUCTION GUIDANCE 1,925 – 2,025 KOZ
• FY TOTAL CAPITAL EXPENDITURE GUIDANCE $1,435 MILLION – $1,520 MILLION
• FY22 PRODUCTION STRIPPING (SUSTAINING AND NON-SUSTAINING) IS EXPECTED TO BE LOWER
• KEY CONTRACTS FOR RED CHRIS BLOCK CAVE FEASIBILITY STUDY ARE ALSO EXPECTED TO BE AWARDED IN NEXT QUARTER
• NOT EXPERIENCED ANY MATERIAL COVID-19 RELATED DISRUPTIONS TO PRODUCTION DURING QUARTER
• EXPECTS TOTAL COST OF MANAGING COVID-19 FOR 2022 WILL BE IN ORDER OF $50-60 MILLION