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Good news and bad news from Newcrest

THE underperformance of the Lihir mine in Papua New Guinea has contributed to a cut in Newcrest Mining’s 2020 financial year guidance.

Kristie Batten
Drilling at Red Chris in BC, Canada

Drilling at Red Chris in BC, Canada

Newcrest cut full-year production guidance from 2.375-2.535 million ounces of gold and 130,000-145,000 tonnes of copper to 2.1-2.2Moz of gold and 140,000-145,000t of copper. The guidance removes 145,000-175,000oz...

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