Newcrest Mining Ltd. is pleased to announce that it has commenced construction of the box-cut for the exploration decline at its Red Chris mine in British Columbia, following receipt of the necessary regulatory approvals. The Newcrest Board has also approved C$135 million of funding for the construction of the exploration decline and associated [...]
Highlights Havieron Project initial Inferred Mineral Resource estimate - 52Mt @ 2.0g/t Au and 0.31% Cu for 3.4Moz Au and 160Kt Cu Increased Paterson Province total landholding to ~3,200km2 - by entering into the Juri Joint Venture Drilling intersected a new zone of higher grade mineralisation at Red Chris - 100m west of the open pit, with hole [...]
Strong quarterly production, safety and unit cost records, progress on growth Strong operating performance in the December 2020 quarter Gold production of 535koz and copper production of 35kt All-In Sustaining Cost of $968/oz, delivering an AISC margin of 46% or $836/oz Cadia records lowest ever quarterly AISC at negative $6/oz Safety [...]
Newcrest Mining Ltd. is pleased to announce that the Newcrest Board has approved A$146 million for the construction of the box cut, exploration decline and associated surface infrastructure at the Havieron Project in Western Australia, which it owns in joint venture with Greatland Gold plc . This funding approval follows receipt of the necessary [...]
Newcrest Mining Ltd.'s wholly owned subsidiary Lihir Gold Ltd. has completed the signing of new compensation, relocation and benefits sharing agreements with the mining lease area landholders at its Lihir gold mine in New Ireland Province, Papua New Guinea . The comprehensive review of the previous agreements conducted over several years was [...]
Newcrest Mining Ltd. has entered into a 15 year renewable Power Purchase Agreement with Tilt Renewables Limited to secure a significant part of the future projected energy requirements of its Cadia mine in New South Wales, Australia. The PPA, together with the forecast decarbonisation of NSW electricity generation, is expected to deliver a ~20 [...]
Highlights Newcrest announces an initial Inferred Mineral Resource estimate for the Havieron Project of 52Mt @ 2.0g/t Au and 0.31% Cu for 3.4Moz Au and 160Kt Cu[1],[2] reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 Brownfields exploration drilling at Red Chris was focused on [...]
Newcrest Mining Ltd. is pleased to announce its Initial Inferred Mineral Resource estimate at the Havieron Project which is operated by Newcrest under a Joint Venture Agreement with Greatland Gold plc and is located approximately 45km east of Telfer in the Paterson Province, Western Australia. The Inferred Mineral Resource estimate, assumes mining [...]
Newcrest Mining Ltd. has entered into a fully-termed Joint Venture Agreement with Greatland Gold plc for the Havieron Project which is located 45km east of its existing Telfer operation, and has agreed to provide Greatland Gold with a US$50 million loan to fund certain early works and growth drilling activities at the Project. Newcrest has now met [...]
Newcrest's 2020 Sustainability Report, published today, sets out the Company's strong performance in FY20 across health, safety, economic, environmental, social and governance aspects, despite the challenges of the COVID-19 pandemic. Newcrest has stayed true to its values and vision to be the Miner of Choice. The highest commitment to the health [...]
Highlights Drilling results have returned the best intercept to date at the Havieron Project from infill drilling of the South East Crescent Zone with 120.7m @ 9.3g/t Au & 0.18% Cu from 1349.3m, including 26.6m @ 34g/t Au & 0.23% Cu from 1384.4m . A potential new target termed the "Eastern Breccia" has been identified at the Havieron Project [...]
Q1 in line with expectations as shareholder growth pursued in the Americas September quarter in line with expectations and on track for meeting annual guidance following completion of major planned maintenance in the quarter: Group gold production of 503koz and copper production of 35kt Group AISC of $980 per ounce, delivering a robust AISC margin [...]
