Newcrest increases gold production by 8% in FY23, achieves annual guidance

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Newcrest increases gold production by 8% in FY23, achieves annual guidance Newcrest

- Newcrest , one of the world's largest gold miners, today reported gold production of 2.1 million ounces and copper production of 133 thousand tonnes for the twelve months ended 30 June 2023 .

The company added that gold production was 8% higher than the prior period driven by higher production at Cadia, Brucejack and Fruta del Norte . Under the terms of the Newmont transaction, Newcrest shareholders will be entitled to receive 0.400 Newmont shares for each Newcrest share held. In addition, Newcrest will be permitted to pay a franked special dividend of up to US$1.10 per share on or around the implementation of the scheme of arrangement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian lithium firm Pilbara increases FY23 production by 64%; revenue up 238%A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

South32's base metals production up 17% in FY23 due to higher copper outputA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Australian lithium firm Pilbara increases FY23 production by 64%; revenue up 238%A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

South32's base metals production up 17% in FY23 due to higher copper outputA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Russian mining giant Nornickel increases platinum and palladium production in H1 2023; nickel output down 9%A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »