Newcrest lifts gold production

Miner reaffirms guidance, expects gold production to be around top end of forecast range for fiscal 2014.

Newcrest Mining (NCM) has maintained its guidance after lifting gold production in the December quarter, with fiscal 2014 gold production expected to be around the top of its forecast range, or around 2.3 million ounces.

In its December quarter report to the Australian Securities Exchange, Newcrest said its group all-in sustaining costs are forecast to be around the lower end of its guidance range, subject to market conditions.

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