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Source: https://www.mining.com/web/newcrest-posts-slight-drop-in-third-quarter-gold-output/
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Newcrest Mining reported a 4% sequential fall in third-quarter gold output on Thursday, hit by planned maintenance and outages at its flagship Cadia mine and its Lihir project in Papua New Guinea.
Australia’s largest listed gold miner posted production of 512,424 ounces for the three months ended March 31, lower than 535,477 ounces in the previous quarter. But it beat an RBC estimate of 491,539 ounces.
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Newcrest Mining reported a 4% sequential fall in third-quarter gold output on Thursday, hit by planned maintenance and outages at its flagship Cadia mine and its Lihir project in Papua New Guinea.
Australia’s largest listed gold miner posted production of 512,424 ounces for the three months ended March 31, lower than 535,477 ounces in the previous quarter. But it beat an RBC estimate of 491,539 ounces.
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