Newcrest Mining Limited
(ASX:NCM) has increased its production over the full 2015 financial year.
Australia’s largest listed gold miner lifted gold output by 1 per cent to 2.4 million troy ounces in the 12 months to the end of June, coming in line with guidance.
Copper production soared 12 per cent to 96,816 tonnes, also meeting the miner’s guidance range of between 95,000 and 105,000 tonnes.
CEO Sandeep Biswas says the company’s performance has been sadly overshadowed by two recent fatalities, the latest occurring earlier this week.
Newcrest Mining reported a net profit of $207 million in the first half of the 2015 financial year.
