MELBOURNE, Australia, Nov. 30, 2012 /CNW/ - Newcrest Mining Limited (Newcrest) and PT ANTAM (Persero) Tbk (ASX-ATM; IDX-ANTM; Antam) are pleased to announce the parties have agreed to expand their long-standing, 18-year partnership through Antam acquiring from Newcrest a further 7.5% interest in the Gosowong mine in Indonesia.Under the [...]
MELBOURNE, Australia, Nov. 20, 2012 /CNW/ - A recent media report refers to a further legal action commenced against Newcrest by an exploration company named Gold and Copper Resources Pty Limited (GCR).With this claim, GCR has now brought five separate legal actions against Newcrest, which relate to various aspects of Newcrest's Cadia Valley tenure [...]
MELBOURNE, Australia, Oct. 18, 2012 /CNW/ - Newcrest Mining Limited ("Newcrest" or "the Company") (ASX: NCM) (TSX: NM) is pleased to announce its quarterly report for the period ended 30 September 2012.OverviewProduction for the September 2012 quarter was 460,425 ounces of gold and 18,598 tonnes of copper. Cash costs were A$703 per ounce and cash [...]
MELBOURNE, Australia, Oct. 12, 2012 /CNW/ - Newcrest Mining Limited ("Newcrest") (ASX: NCM) (TSX: NM) today released the Technical Report on the Wafi-Golpu Property in Morobe Province, Papua New Guinea (PNG), prepared in accordance with the requirements of Canadian National Instrument 43-101. Release of the Report follows completion of the Golpu [...]
MELBOURNE, Australia, Oct. 1, 2012 /CNW/ - Newcrest Mining Limited ("Newcrest") (ASX: NCM) (TSX: NM)As noted in a media report today, a private exploration company called Gold and Copper Resources Pty Ltd (GCR) has recently brought four legal actions against Newcrest. Newcrest believes that none of the claims has merit, and is and will be [...]
MELBOURNE, Victoria, Sept. 25, 2012 /CNW/ - Newcrest is raising US$1 billion following a successful offering today in the United States Rule 144A and Regulation S bond markets. The offering consists of US$750 million Senior Unsecured Notes due 1 October 2022 with a coupon of 4.20% and US$250 million Senior Unsecured Notes due 15 November 2041 (the [...]
MELBOURNE, Australia, Sept. 21, 2012 /CNW/ - Newcrest Mining Limited ("Newcrest") (ASX: NCM) (TSX: NM) today announced a temporary reduction in plant capacity at Lihir.Newcrest's Lihir operation in Papua New Guinea has temporarily reduced production to approximately 25% of plant capacity due to an issue with the electrical system in the main [...]
MELBOURNE, Australia, Sept. 20, 2012 /CNW/ - Newcrest Mining Limited ("Newcrest" or "the Company") (ASX: NCM) (TSX: NM) today released its Notice of Annual General Meeting, Shareholder Voting Form, and Annual Report for the financial year ending 30 June 2012.A copy of the 1) Notice of Annual General Meeting and Shareholder Voting Form and the 2 [...]
MELBOURNE, Australia, Sept. 13, 2012 /CNW/ - Mining operations at the Ridgeway underground mine have been temporarily suspended following a failure of a section of the conveying system on Tuesday night. Damage to the conveyor has been minimised but repairs to the damaged section, which is located at the top of the conveyor near the portal [...]
Newcrest has today finalised renewal of its unsecured bilateral bank lending facilities. The bilateral lending arrangements comprise facility agreements with 10 banks for US$250 million each, for a total amount of US$2.5 billion, over terms of three and five years. The new bilateral lending arrangements will replace the existing bilateral lending [...]
MELBOURNE,Victoria, Aug. 29, 2012 /CNW/ - Normal operations resumed last night, 28 August, at the Lihir mine following resolution of a dispute lodged by the landowners' association, LMALA, which required production be suspended on Sunday night.A meeting was held yesterday involving stakeholders including the landowners and representatives of [...]
MELBOURNE, Victoria, Aug. 28, 2012 /CNW/ - Production at the Lihir mine is currently being impacted due to LMALA, the Lihir Mining Area Landowners Association, requiring that mine production be suspended until a dispute has been resolved. The processing plant remains on stand-by and all facilities have been secured.All stakeholders, including LMALA [...]