Newcrest Gold Output Falls 13% After Shutdowns on Deaths

Updated on
  • Operations in Australia and Papua New Guinea were halted
  • Maintenance work at Lihir mine also restricted output

Newcrest Mining Ltd., Australia’s biggest gold producer, reported first-quarter output fell 13 percent, missing analysts’ estimates, after operations at two mines were halted following the deaths of workers. Its shares fell the most in more than two months.

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