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IBTimes reported that Newcrest Mining (ASX:NCM) slashed its 2011 gold output forecast, citing lower production.
IBTimes reported that Newcrest Mining (ASX:NCM) slashed its 2011 gold output forecast, citing lower production.
As quoted in the market news:
The revised guidance range is around 6 percent below the original minimum guidance level and includes expected gold production of 575,000 ounces to 585,000 ounces for the December 2011 quarter, Newcrest said in a statement.
