Newcrest Mining Mining News

Newcrest Mining H1 profit surges 104% on strong gold production

The rise was buoyed by an increase in gold production and lower cost of mining.

Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million deal

Roxgold believes the project has near-term development potential due to its Antenna deposit, which hosts an inferred resource of 5.8 million tonnes.

Gold miners get their mojo back as giant deals revive allure

After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.

Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

Australia's top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

Newcrest expands footprint in Chile with two gold deals

The Australian major has signed option and farm-in agreements for Cornerstone Capital Resources’ Miocene and Mirasol Mining's Gorbea properties, all of them in northern Chile.

Rio Tinto leads copper charge into Western Australia's Paterson region

Rio's interest in the area has sparked a stampede into adjacent lots by other explorers, who see Rio's aggressive activity as an indicator of a highly promising find.

Australia's Newcrest mining Q1 gold output rises 5%

Despite 5% rise in output, Newcrests stock has fallen more than 9% this year.

Total wins Newcrest Lihir Gold Mine mining contract

During the term of the contract, Total will be supplying 14 million litres of lubricants to the 6th largest gold mine in the world.

World’s biggest miner speeds hunt for copper assets, buys stake in SolGold

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

Australian southern state open to mining

Victoria's government wants to spend $220 million on exploration and drill one million metres by 2023.

Here’s how much global equity funds are allocating to gold stocks

(FAANG) Facebook, Amazon, Apple, Netflix, and Google vs (BANNG) Barrick Gold, Agnico Eagle, Newmont Mining, Newcrest Mining, and Goldcorp.

Newcrest plan to dump tailings in old Cadia open pit approved

The use of the pit as a tailing storage facility means the miner will sacrifice remaining gold and copper reserves to help it return to full production after a dam collapse halted operations at the underground mine complex.

Australia's Newcrest Mining restarts processing at Cadia mine

The company expects to be at full mining rates within the coming weeks.

Australia's Newcrest to recommence mining at flagship Cadia mine

Mining operations will restart at Cadia East, in accordance with predefined test and response program, the company said in a statement.

Newcrest, Harmony joint venture in PNG to cost an extra $1bn upfront

But according to the updated feasibility study total capital expenditure for the life of Wafi-Golpu mine will fall by about the same amount to $5.5 billion.

Newcrest shares hit after dam wall collapse

The miner declared that its performance for fiscal 2018 will be affected by the breach of a tailings dam wall at its Cadia gold mine.

One of Australia's largest gold mines halts operations after dam collapse

Newcrest Mining says experts on site have observed no environmental damage.

The world's top 10 largest gold mining companies – 2017

Rough year shuffles ranks of global gold mining giants as Freeport makes a comeback – 2018 forecasts point to another tumultuous year.

Billionaire Lundin chases base-metal buy with $3 billion budget

Copper ‘might be the easiest asset to work with:’ Lukas Lundin.

Ecuador expects $1 billion in mining revenues for 2018

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

Newcrest Mining looks to solar at Cadia mine as power prices soar

Newcrest Mining chief executive Sandeep Biswas says the gold miner is examining whether a solar farm could be installed at it flagship Cadia mine in NSW to help insulate the operation from soaring electricity prices.

Australia's Newcrest restarts output at part of quake-damaged gold mine

Cadia - the company's biggest and lowest-cost source of gold - led to a 55-percent fall in gold output at the mine in the June quarter.

Gold price at 1-month low brings more pain for mining stocks

As 2017 gold price rally begins to look shaky, top listed gold producers are being punished disproportionately.

World's top 10 gold mining companies – 2016

Only three of the world's largest gold producers managed to lift output in 2016 – Barrick loses 600,000 ounces of annual production but slashes costs.