Original article by Paul Garvey
The Australian – Page: 20 : 27-Apr-18
Newcrest Mining produced 576,000 ounces of gold and 19,000 tonnes of copper during the March quarter, with output falling by six per cent and 15.5 per cent respectively. Newcrest has downgraded its production guidance for 2017-18, with gold output expected to be within the range of 2.25 million to 2.35 million ounces. The downgrade follows the collapse of a tailings wall dam at its Cadia mine and a sharp fall in production at the Telfer mine during the quarter. Full-year copper output is now expected to be 70,000 to 75,000 tonnes.
NEWCREST MINING LIMITED – ASX NCM, MACQUARIE GROUP LIMITED – ASX MQG