Newcrest Mining Mining News

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.

Gold price correction sinks mining stocks

Heavy losses across the board – Barrick down 4.6% in massive volumes and second tier Canadian miners hardest hit.

Newcrest doubles first-half profit, to pay divvy

The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.

Australia’s record-breaking mining exports hint of new sector boom

Higher commodity exports delivered a record trade surplus of $3.5 billion in December, the second monthly trade surplus Australia has recorded in nearly three years.

Newcrest Mining gold output falls, but copper rises

Newcrest's gold production dropped to 614,715 ounces in the quarter ended in December, from 615,498 ounces in the three months immediately prior and 620,691 ounces a year ago.

Major Aussie miners BHP, Hancock to mine in Ecuador — report

Ecuador began last month granting licences for new exploration areas, with over 300 of them to be awarded by the year-end.

The world's hardest working gold mines

Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.

Evolution Mining acquires copper-gold project from Newcrest

Small but growing Australian gold producer Evolution Mining (ASX:EVN) has taken a bite out of its much larger, dual-listed rival, Newcrest Mining (ASX:NCM, TSX:NM)

Harmony buys out Newcrest stake in Hidden Valley gold mine

Harmony Gold has been looking for new assets to meet its goal of increasing production to 1.5 million ounces over the next three years.

Rising gold price not lifting all boats

Two major gold stocks shot up by more than 40% in July, but there's been notable losers with Goldcorp dropping to fourth most valuable gold miner.

Newcrest Mining's profit US$117 lower due to Cadia outage, lower copper and gold prices

All-in sustaining cost of gold is $US770 per ounce.

Newcrest Mining shaves US$1 billion off expanding the life of Lihir

Since production commenced in 1997, the site has produced more than 9 million ounces of gold.

Rescuers complete borehole to trapped Kencana miner

Newcrest Mining says Pak Mursalim’s health remains good.