Newcrest Mining to Triple Gold Output in Ivory Coast

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Newcrest Mining Ltd. will triple its gold output in the next five years at its Bonikro mine located in central-western Ivory Coast, according to the Mines and Energy Ministry.

The mining company, based in Melbourne, expects to produce 12 metric tons of gold a year by 2017 from 4 tons currently, the ministry said an e-mailed statement today.