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BRIEF-Newcrest Mining says gold production rises 3 pct for quarter

Published 27/10/2016, 08:41 am
© Reuters.  BRIEF-Newcrest Mining says gold production rises 3 pct for quarter
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Oct 27 (Reuters) - Newcrest Mining Ltd NCM.AX :

* Gold production increased 3% to 615koz for quarter

* Copper production increased 12% to 24kt for quarter

* Group all-in sustaining cost (AISC) per ounce increased 0.4% to $790/oz for quarter

* Group all-in sustaining cost per ounce margin improved 15% to $538/oz for quarter

* "As part of ongoing management of cave development, production in December quarter planned to be below average qtrly production implied by FY17 guidance"

* For FY17 group production guidance 2.35-2.60moz

* FY17 guidance for copper 80-90kt Source text for Eikon: Further company coverage: NCM.AX

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