Precious Metals

Sydney Morning Herald reported that Newcrest Mining’s (ASX:NCM) shares fell after news its gold grades were diminishing.

Sydney Morning Herald reported that Newcrest Mining’s (ASX:NCM) shares fell after news its gold grades were diminishing.

As quoted in the market news:

In recent trade, the miners shares were down 85 cents, or 2.7 per cent, to $30.22. Newcrest waited until after the close of ASX trading yesterday to declare that its production for the year to June 2012 was now likely to be 6 per cent lower than previous guidance.

Click here to read the full Sydney Morning Herald report.

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Silver19.90+0.01
Copper3.55+0.07
Palladium2124.59+12.40
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Heating Oil3.20-0.13
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