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Newcrest Mining Provides Quarterly Report

28 Jan 2022  |  09:15:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Newcrest Quarterly Report - 31 December 2021

Newcrest Mining provided quarterly report. Gold production was 10% higher than the prior period9 mainly driven by higher mill throughput rates at Cadia, Lihir and Telfer. Cadia's mill capacity increased in the December 2021 quarter, with completion of the replacement and upgrade of the SAG mill motor in November 2021 resulting in higher gold production during the period. It remains on track to deliver its full year production guidance following completion of major planned maintenance in the September 2021 quarter and the completion of the Cadia SAG mill motor project at Cadia.

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