Newcrest lifts production

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Miner Newcrest has maintained its full-year production forecasts after December quarter gold and copper production rose from the preceding three months.

Newcrest produced 492,906 ounces of gold in the three months to December 31, up from 460,425 ounces in the three months to September 30. Gold production from its Telfer mine in the East Pilbara rose from 110,372 ounces in the September quarter to 128,995 in the final three months of 2012.

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