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Newcrest Cuts Gold Output Forecast; Shares Skid

April 23, 2012

Newcrest Mining, the world's No.3 gold miner, on Tuesday cut its production forecast for this year, saying its major projects had struggled to reach output targets. TheĀ  news triggered a selloff in its shares, which fell 5 percent.

Source: http://www.cnbc.com/id/47151335?__source=RSS*tag*&par=RSS
 
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