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Newcrest output dips, costs lower

Australian gold major Newcrest Mining has reported an expected dip in gold production for the September quarter, but expects output to increase over the rest of the financial year.

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Processing plant at Cadia in New South Wales

Quarterly gold production was 548,000 ounces of gold, up 5% on the same quarter of last year, but down 14% on June's strong performance due to planned maintenance at Lihir and unplanned shutdowns at