August 19, 2008 / 3:52 AM / in 9 years

Newcrest Mining says sees more gold price strength

SYDNEY, Aug 19 (Reuters) - Australian gold producer Newcrest Mining Ltd (NCM.AX) said on Tuesday it expected more gold price gains over the next year.

    “All the pre-conditions in the world are there for gold to make a substantial run in the next twelve months,” said Newcrest Managing Director Ian Smith in a media briefing following the group’s annual results.

    For more see: [nSYD89259]. ($1=A$1.15) (Reporting by James Regan)

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