Newcrest increases gold production by 8% in FY23, achieves annual guidance Newcrest
- Newcrest , one of the world's largest gold miners, today reported gold production of 2.1 million ounces and copper production of 133 thousand tonnes for the twelve months ended 30 June 2023 .
The company added that gold production was 8% higher than the prior period driven by higher production at Cadia, Brucejack and Fruta del Norte . Under the terms of the Newmont transaction, Newcrest shareholders will be entitled to receive 0.400 Newmont shares for each Newcrest share held. In addition, Newcrest will be permitted to pay a franked special dividend of up to US$1.10 per share on or around the implementation of the scheme of arrangement.
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