Newcrest to surprise the market: Macquarie

AUSTRALIAN gold giant Newcrest Mining will release its quarterly production figures tomorrow and while output is expected to be below guidance, Macquarie Private Wealth is tipping figures to be better than expected.

Newcrest to surprise the market: Macquarie Newcrest to surprise the market: Macquarie Newcrest to surprise the market: Macquarie Newcrest to surprise the market: Macquarie Newcrest to surprise the market: Macquarie

A power failure at Lihir Island in Papua New Guinea led Newcrest to downgrade its full year production guidance to 2.7 million ounces.