Cadia shines in record quarter

NEWCREST Mining’s December quarter has beat expectations with all operations increasing production and lowering costs.

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Cadia in New South Wales is performing strongly

Group gold production for the December quarter was 655,000 ounces of gold, 19% up on the September quarter, and well above UBS' forecast of 633,000oz.

Copper production rose by 8% to 27,000 tonnes.

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