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    gold investing

    Newcrest Forecasts 400,000 Oz Gold Output from Indonesia Mine

    Investing News Network
    Apr. 18, 2012 06:38AM PST
    Precious Metals

    Mining Weekly reported that Newcrest Mining (TSX:NM) expects to produce at least 400,000 oz of gold a year at its Indonesia-based Gosowong mine.

    Mining Weekly reported that Newcrest Mining (TSX:NM) expects to produce at least 400,000 oz of gold a year at its Indonesia-based Gosowong mine.

    Executive General Manager Brett Fletcher said:

    We are producing about 400 000 this year, probably closer to 450,000. That’s the sort of level we’ve had in previous years, and we’re expecting to maintain a 400,000 profile going forward.

    Click here to read the full Mining Weekly report.

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