Newcrest Forecasts 400,000 Oz Gold Output from Indonesia 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.