Newcrest Mining, the world's No.3 gold miner, on Tuesday cut its production forecast for this year, saying its major projects had struggled to reach output targets.
Newcrest Mining Ltd., Australia's largest gold and copper mining company, said Friday profits in the second half of last year shot up 50 percent to a record level on sharply higher gold and copper prices.
Australia's Newcrest Mining Ltd., the world's third-largest gold producer, on Monday cut its 2011 guidance for gold output to 2.43 million ounces to 2.55 million ounces.
Australia's top gold miner, Newcrest Mining , agreed a $8.5 billion takeover of Lihir Gold on Tuesday, signaling a hunger for foreign income among local miners after Canberra hit them with a new tax.
Australia's top gold miner, Newcrest Mining , raised its offer for local rival Lihir Gold to $8.8 billion, winning the support of its target to create the world's 4th-largest listed gold miner.