Newcrest Mining Limited's (ASX:NCM) December quarter gold production lifted 3 per cent from the quarter before but dropped 20 per cent from the year before, in line with its guidance.
In the three months to the end of December 2011 Newcrest posted gold output of 579,073 ounces.
In the same period Newcrest posted copper output of 18,171 tonnes, slightly below the September quarter.
Newcrest has maintained its full 2012 financial year production guidance of between 2.43 million to 2.55 million ounces of gold.
In the 2011 financial year Newcrest Mining’s net profit jumped 63 per cent to $966 million.
