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Newcrest’s top mine delivers as COVID-19 sustains gold price rally – Sydney Morning Herald
Output from Newcrest’s flagship mine helped it achieve its full-year production goals as the price of the yellow metal surges closer towards a record high.
The nation’s biggest gold miner, Newcrest, has impressed investors after output from its flagship Cadia mine helped it achieve its full-year production goals as the price of the yellow metal surges closer towards a record high.
Newcrest on Thursday said the Cadia mine, near Orange in New South Wales, produced 236,000 ounces of gold in the June quarter, a 21 per cent jump from March, on the back of record-breaking volumes of mined ore put through the mill.
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