Newcrest Mining Q1 Gold Output Down 22%
Newcrest Mining Ltd (OTC: NCMGY) reported a 22% drop in its output in the first quarter.
Newcrest's gold output declined to 460,425 troy ounces, from 587,310 ounces in the prior quarter and versus 587,296 ounces in the year-ago period.
Its copper output fell to 18,598 metric tons, from 20,544 tons in the previous quarter and versus 19,228 tons in the year-ago period.
Newcrest Mining shares closed at $28.47 yesterday.
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