Newcrest: Morobe projects advance, group production costs up 96%

NEWCREST Mining’s latest quarterly results have revealed construction is 65% complete at the Hidden Valley gold mine in Morobe Province and gold production has been boosted by 12%, but cash costs have come under increasing pressure.

Newcrest: Morobe projects advance, group production costs up 96% Newcrest: Morobe projects advance, group production costs up 96% Newcrest: Morobe projects advance, group production costs up 96% Newcrest: Morobe projects advance, group production costs up 96% Newcrest: Morobe projects advance, group production costs up 96%

Australia's largest gold producer posted a 12% rise in gold output, compared to the June quarter, to 485,978 ounces.

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