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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Newcastle Minerals Ltd > slightly OT: "Newcrest" had to trim outlook
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Post by sailor8on Mar 10, 2020 9:09pm
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Post# 30791190

slightly OT: "Newcrest" had to trim outlook

slightly OT: "Newcrest" had to trim outlookThere were some comments here, that Newcrest may be sniffing around Pretium. This news seems to confirm, that Newcrest needs some new additional gold resources (like Pretium has them...)

 
Australia's Newcrest Mining trims 2020 gold production outlook
Reuters Reuters  
Tuesday March 10, 2020 17:55
Kitco News

March 11 (Reuters) - Australia's Newcrest Mining Ltd cut its gold production forecast for the full-year on Wednesday, due to reduced output following the sale of its interest in the Gosowong mine in Indonesia.
 
The country's largest listed gold miner cut gold production outlook to between 2.1 million ounces and 2.2 million ounces for the fiscal 2020, from 2.38 million ounces to 2.54 million ounces.


source: https://www.kitco.com/news/2020-03-10/Australia-apos-s-Newcrest-Mining-trims-2020-gold-production-outlook.html


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