Highlights At Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge and in the Main Zone: At East Ridge, the new discovery adjacent to the East Zone, drilling continues to expand the footprint of the higher grade mineralisation with RC688 returning 344m @ 0.70g/t Au & 0.75% Cu from 776m, incl. 170m [...]
Newcrest Mining Ltd. is pleased to announce its new goal of net zero carbon emissions by 2050. This goal relates to its operational emissions, though Newcrest will also continue to work across its value chain to reduce Scope 3 emissions. Newcrest's recently announced Company Purpose "To create a brighter future for people through safe and [...]
Newcrest Mining Ltd. announces that Gerard Bond, the Company's Finance Director and Chief Financial Officer, has decided to retire effective 3 January 2022 when he will mark 10 years in the role. Mr Bond said, "It has been an honour and privilege to serve as the Finance Director and CFO over the past decade and be part of the transformation of the [...]
Lower costs, on track to deliver FY21 guidance and growth options advanced Operating performance in line with expectations Gold production of 512koz and copper production of 35kt Improved All-In Sustaining Cost of $891/oz, delivering an AISC margin of 49% or $854/oz Cadia records lowest ever reported quarterly AISC of negative $160/oz On track to [...]
Highlights At Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge and at Main Zone: At East Ridge, drilling continues to demonstrate the continuity of higher grade mineralisation with RC684, returning a partial intercept of 238m** @ 0.45g/t Au & 0.52% Cu from 814m, incl. 90m** @ 0.85g/t Au & 0.85% Cu [...]
Newcrest Mining Ltd. is pleased to announce its initial Mineral Resource estimate for the Red Chris mine located in British Columbia, Canada. Red Chris is operated by Newcrest under a Joint Venture Agreement with Imperial Metals Corp. . Since becoming operator in August 2019, Newcrest has embarked on an extensive work program to define the [...]
Newcrest Mining Ltd. announced today that it has commenced the mandatory redemption of the outstanding US$380 million of its 4.200% Senior Guaranteed Notes maturing 1 October 2022 . The 2022 Notes were issued by Newcrest Finance Pty Limited / USQ66511AC26 ) under the Indenture dated 1 October 2012 among Newcrest Finance Pty Limited, the Newcrest [...]
Newcrest Mining Ltd. is currently assessing the implications of the two-week travel suspension announced by the Australian Government between Papua New Guinea and Australia. Newcrest is working closely with the Australian Government to better understand details of the travel suspension and to determine and mitigate any potential impacts. The Lihir [...]
Highlights At Red Chris, new zones of higher grade mineralisation intersected at East Ridge and south of the South Boundary Fault: At East Ridge, hole RC678, returned 198m @ 0.89g/t Au & 0.83% Cu from 800m, including 76m @ 1.8g/t Au and 1.5% Cu from 908m. East Ridge is located 300m east of East Zone and the new intercept is open in all directions [...]
Newcrest Mining Ltd. is pleased to announce that it has renewed its unsecured bilateral bank lending facilities with its existing 13 bank lenders, extending the maturity dates. Each bank has committed approximately US$154 million in facilities for an overall unchanged quantum of US$2 billion on similar commercial terms for Newcrest. The facilities [...]
Newcrest Mining Ltd. delivers record free cash flow, lifts dividend and identifies opportunity to unlock significant value at Lihir,,, Strong operating performance and gold price underpins record free cash flow in December half Statutory profit and Underlying profit of $553 million,, up 134% and 98% respectively Earnings per share 121% higher than [...]
Newcrest Mining Ltd. has updated its Mineral Resource and Ore Reserve estimates for the twelve month period ending 31 December 2020 following a review of all production sources. The review has taken into account divestments and acquisitions, long-term metal prices, foreign exchange rates and cost assumptions, as well as mining and metallurgy [...]
