NCM 0.00% $23.35 newcrest mining limited

sep quarter aisc $100 below fy14 guidance

  1. 636 Posts.
    As per Denver Gold Forum Presentation
    "AISC for FY14 expected to be ~A$1,200 (~US$1,100) per ounce"

    As per today's Market Release
    "Newcrest will release its September 2013 Quarterly Report on 17 October 2013. However, it is able to advise that production for the September 2013 Quarter was 586,573 ounces1 of gold and 19,632 tonnes of copper. The cash cost (after
    by-product credits) was US$718 per ounce (A$784 per ounce) and the All-In Sustaining Cost was US$1,001 per ounce(A$1,102 per ounce).
    Guidance for the 2014 financial year remains unchanged"

    Gold and copper production are also well on track
 
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