Newcrest Mining Limited - Quarterly Report for the three months ending 31 March 2013

Newcrest Mining Limited - Quarterly Report for the three months ending 31 
March 2013 
MELBOURNE, Australia, April 22, 2013 /CNW/ - Newcrest Mining Limited ("the 
Company") (ASX: NCM) (TSX: NM) is pleased to announce its quarterly report for 
the period ended 31 March 2013. 
Newcrest's production for the March 2013 quarter was 514,421 ounces of gold 
and 19,023 tonnes of copper at a cash cost of $799 per ounce and a cash margin 
of $785 per ounce. Gold production was 4% higher than achieved in the December 
2012 quarter. 
The new and expanded operations at Cadia East and Lihir performed to plan in 
the March 2013 quarter. The Cadia East mine operated as expected and during 
the quarter the second phase primary crusher was commissioned on time. At 
Lihir, the new plant performed as expected and, importantly, the new autoclave 
performance achieved nameplate capacity. 
Quarterly production was adversely impacted at both Lihir and Gosowong, as 
discussed in the 28 March 2013 release. At Lihir the repair of Autoclave 1 is 
now complete and at Gosowong access to the higher grade ore zones has been 
Exploration results at Telfer, Gosowong, Côte d'Ivoire and Wafi-Golpu were 
encouraging. These programs will continue to be the focus of the next six 
months of drilling activity. 
The Cadia East Lift 2 project is progressing well and remains on track for 
completion in the 2014 financial year. The flotation upgrade and NCA 
refurbishment projects at Lihir are also progressing in line with plan and 
will be completed in the second half of the 2013 calendar year. Completion 
and commissioning of the Hidden Valley primary crusher is expected in May 2013. 
Newcrest's project study effort remains focused on Wafi-Golpu. Good drilling 
results and better metallurgical recoveries continue to improve the project 
economics for Golpu. Work by the Golpu study team is targeted at achieving a 
lower cost approach to first production. 
Operating and capital costs overall continue to be high in the global gold 
mining industry. Also, the recent decline in commodity prices has not been 
accompanied by a reduction in the strength of the Australian Dollar and Papua 
New Guinean Kina. With its major projects ramping up and the more challenging 
external environment, Newcrest continues to review all of its business 
activities, particularly those related to higher cost current or future 
production. As previously stated, the Company is focused on creating a strong 
return from our major investments in expanded lower cost production sources 
and generating free cashflow. 
As previously advised, gold production guidance for the financial year 2012/13 
is 2.00 to 2.15 million ounces. Copper production, total cost and capital 
guidance remain unchanged from original guidance. 
Key Points 

    --  Quarterly gold production 514,421oz (492,906oz in the December
        2012 quarter)
    --  Quarterly copper production 19,023t (19,926t)
    --  Quarterly cash cost A$799/oz (A$727/oz)
    --  Gross cash margin A$785/oz (A$924/oz)
    --  Cadia East and new Lihir plant (previously MOPU) production
        performance in line with expectations
    --  Confirmed continuity of high grade mineralisation at Golpu Lift
        2 and extension into a potential Lift 3
    --  Focus on free cash flow and generating higher returns
    --  Actions to simplify and reduce activity and costs across the

Copies of the full Quarterly Release and presentation can be found on the 
Company's website and on

Forward Looking Statements
These materials include forward looking statements. Often, but not always, 
forward looking statements can generally be identified by the use of forward 
looking words such as "may", "will", "expect", "intend", "plan", "estimate", 
"anticipate", "continue", and "guidance", or other similar words and may 
include, without limitation, statements regarding plans, strategies and 
objectives of management, anticipated production or construction commencement 
dates and expected costs or production outputs.

Forward looking statements inherently involve known and unknown risks, 
uncertainties and other factors that may cause the company's actual results, 
performance and achievements to differ materially from any future results, 
performance or achievements. Relevant factors may include, but are not limited 
to, changes in commodity prices, foreign exchange fluctuations and general 
economic conditions, increased costs and demand for production inputs, the 
speculative nature of exploration and project development, including the risks 
of obtaining necessary licences and permits and diminishing quantities or 
grades of reserves, political and social risks, changes to the regulatory 
framework within which the company operates or may in the future operate, 
environmental conditions including extreme weather conditions, recruitment and 
retention of personnel, industrial relations issues and litigation.

Forward looking statements are based on the company and its management's good 
faith assumptions relating to the financial, market, regulatory and other 
relevant environments that will exist and affect the company's business and 
operations in the future. The company does not give any assurance that the 
assumptions on which forward looking statements are based will prove to be 
correct, or that the company's business or operations will not be affected in 
any material manner by these or other factors not foreseen or foreseeable by 
the company or management or beyond the company's control.

Although the company attempts and has attempted to identify factors that would 
cause actual actions, events or results to differ materially from those 
disclosed in forward looking statements, there may be other factors that could 
cause actual results, performance, achievements or events not to be as 
anticipated, estimated or intended, and many events are beyond the reasonable 
control of the company. Accordingly, readers are cautioned not to place undue 
reliance on forward looking statements. Forward looking statements in these 
materials speak only at the date of issue. Subject to any continuing 
obligations under applicable law or any relevant stock exchange listing rules, 
in providing this information the company does not undertake any obligation to 
publicly update or revise any of the forward looking statements or to advise 
of any change in events, conditions or circumstances on which any such 
statement is based.

Ore Reserves and Mineral Resources Reporting Requirements
As an Australian company with securities listed on the Australian Securities 
Exchange ("ASX"), Newcrest is subject to Australian disclosure requirements 
and standards, including the requirements of the Corporations Act and the ASX. 
Investors should note that it is a requirement of the ASX listing rules that 
the reporting of ore reserves and mineral resources in Australia comply with 
the 2004 Edition of the Australasian Code for Reporting of Exploration 
Results, Mineral Resources and Ore Reserves (the "JORC Code") and that 
Newcrest's ore reserve and mineral resource estimates comply with the JORC 
Code. As a company listed on the Toronto Stock Exchange ("TSX"), Newcrest is 
subject to certain Canadian disclosure requirements and standards, including 
the requirements of National Instrument 43-101 - Standards of Disclosure for 
Mineral Projects of the Canadian Securities Administrators ("NI 43-101"). In 
accordance with NI 43-101, Newcrest reports its ore reserves and mineral 
resources estimates in compliance with the JORC Code, along with 
reconciliation to the material differences between the JORC Code and the 
applicable definitions adopted by the Canadian Institute of Mining, Metallurgy 
and Petroleum (CIM Definition Standards). In relation to the December 2012 
Resources and Reserves Statement, the reconciliation is set out in Newcrest's 
Canadian News Release dated 8 February 2013, and is available at 
and at Newcrest's website Except as otherwise noted in 
that document, there are no material differences between the definitions of 
Measured, Indicated and Inferred Mineral Resources, and Proven and Probable 
Reserves, under the CIM Definition Standards and the equivalent or 
corresponding definitions in the JORC Code.

Competent Person's Statement
The information in this quarterly report that relates to Exploration Results 
and other scientific and technical information is based on information 
compiled by C. Moorhead, EGM Minerals for Newcrest Mining Limited who is a 
Fellow of The Australasian Institute of Mining and Metallurgy, and a full-time 
employee of Newcrest Mining Limited. Mr Moorhead has sufficient experience 
which is relevant to the styles of mineralisation and types of deposits under 
consideration and to the activity which he is undertaking to qualify as a 
Competent Person as defined in the JORC Code and is a Qualified Person within 
the meaning of NI 43-101. Mr Moorhead consents to and has approved the 
inclusion in this quarterly report of the matters based on this information in 
the form and context in which it appears including sampling, analytical and 
test data underlying the results. For details of exploration reports refer to 
the Newcrest website at 

Investor Enquiries - North America/Europe Steve Warner T: +1 212 351 
5064  Investor Enquiries - 
Australia/Asia Spencer Cole T: +61 3 9522 5316  
Media Enquiries Kerrina Watson T: +61 3 9522 5593  This information is available on our 

SOURCE: Newcrest Mining Limited

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CO: Newcrest Mining Limited

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