Newcrest Mining posts 7 per cent rise in December quarter gold production

Company News

by Anna Napoli

Newcrest Mining (ASX:NCM) says gold production has risen by 7 per cent for the December quarter compared to the same time last year.

The rise was driven by improved production from all operations led by its flagship mine Cadia.

Copper production also increased up 8 per cent on the previous quarter.

The company says record production at Cadia and another strong performance from Lihir underpinned a strong start to the financial year.

Shares in Newcrest Mining (ASX:NCM) Shares in Newcrest Mining (ASX:NCM) are trading 3.49 per cent higher at $24.32.


Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.