Consistent strategic focus on maximising cashflow from long life, low cost, high margin assets All four organic growth options have PFS's estimated to deliver an IRR of 16% or higher1 Projected 50% reduction in Group All-In Sustaining Cost per ounce over the next decade2,4 Material growth in copper production, sourced exclusively from Tier 1 [...]
Confirms Red Chris potential to become a world class, long life mine Estimated 17% IRR and C$2.3 billion NPV over an initial 31 year mine life1,2,3 Projected average 316kozpa gold and 80ktpa copper production from Macro Block 1 in FY29-341,2 Impressive Block Cave Life-of-Mine All-In Sustaining Cost of -C$180/oz1,2,4 Initial Ore Reserve estimate of [...]
Newcrest Mining Ltd. announces that Mr Peter Hay intends to retire as a Non-Executive Director and as Non-Executive Chairman of Newcrest, with effect from the close of Newcrest's Annual General Meeting on 10 November 2021. Newcrest also announces that Mr Peter Tomsett has been appointed as Non-Executive Chairman with effect from the close of [...]
Newcrest Mining Ltd. To: Company Announcements Office From: Maria Sanz Perez Date: 9 September 2021 Subject: Listing Rule 3.13.1 Disclosure In accordance with Listing Rule 3.13.1, Newcrest Mining Ltd. advises that: its 2021 Annual General Meeting will be held at 10.30am on Wednesday, 10 November 2021; and the closing date for receipt of nominations [...]
Highlights At Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge, with this new discovery adjacent to the East Zone continuing to return high grade intercepts, supporting the potential for resource growth. RC705 returned 254m @ 1.0g/t Au & 1.1% Cu from 718m, including 80m @ 1.6g/t Au & 1.4% Cu from [...]
Newcrest delivers record profit and free cash flow and a 129% increase in final dividend,,, Creating a brighter future for people through safe and responsible mining Zero fatalities and life-changing injuries, underpinned by industry-leading low injury rates Goal of net zero carbon emissions by 2050 Cadia renewable energy contract signed - on [...]
Newcrest Mining Ltd. PNGX: NCM) is pleased to announce that the Newcrest Board has approved the Cadia PC1-2 Pre-Feasibility Study , enabling the commencement of the Feasibility Stage and Early Works Program. The Study updates and defines a significant portion of Cadia's future mine plan, with the development of PC1-2 accounting for ~20% of Cadia's [...]
Newcrest Mining Ltd. is pleased to announce that it will proceed with the West Dome Stage 5 cutback at its Telfer operation in Western Australia. The cutback underpins the continuity of operations at Telfer, with further mine life extension opportunities to be assessed within the open pit and underground. Telfer is strategically well positioned in [...]
Strong June Quarter delivers FY21 guidance and quarterly records Creating a brighter future for people through safe and responsible mining Goal of net zero carbon emissions by 2050 Industry leading low injury rates underpinned by a 27% improvement in TRIFR in the June 2021 quarter Achieved FY21 production guidance, with Cadia exceeding the top end [...]
Newcrest Mining Ltd. advises that at approximately 4:00am on Friday 2 July 2021 a localised seismic event occurred in the Eastern end of Panel Cave 2 at the Cadia operation. No injuries were sustained and, in accordance with standard operating procedure, all personnel working in the affected area were accounted for and safely returned to surface [...]
Newcrest Mining Ltd. announces the appointment of Jane McAloon as an independent Non-Executive Director and a member of the Human Resources and Remuneration Committee, effective from 1 July 2021. Ms McAloon has extensive experience in the resources, energy, infrastructure and utilities industries. She spent 9 years as Group Company Secretary at [...]