Newcrest Mining Mining News

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.

Indonesia sends team of experts as worker still trapped at Newcrest mine

The incident happened at Gosowong's Kencana mine — the same area where two men were trapped underground for eight days in December 2010.

Newcrest gold output falls 13% on fatalities, mechanical flops

Suspensions at two of the company's main mines have caused Newcrest to miss estimated production targets.

Newcrest halts Cadia mine after worker’s death

After a mine technician was fatally injured at the site Sunday night.

Substantial amount of gold deals expected for Australia by year-end

As a result of world’s largest gold miners pulling their portfolios to pieces as a way to weather low prices and an ongoing downturn.

Newcrest, Harmony set to build one of the world's lowest-cost gold mines

The revised plan for their jointly-owned Wafi-Golpu in PNG will require an initial capital spending cost of $2.3 billion.

Newcrest on target to produce 2.5 million ounces of gold

Newcrest has slashed operating costs at its Cadia Valley operations as commercial production commenced at its newly built panel cave two.

Global mining sector on the way up, but recovery still slow

The industry’s aggregate market capitalization improved for the sixth month in a row in June, reaching $1.75 trillion, the highest level since January 2013.

Newcrest shareholders sue miner over disclosure breaches

The miner, which has already settled for $1.2 million with the Australian Securities and Investments Commission, has vowed to vigorously defend the class action.

Newcrest hit with Australia’s biggest fine: over $1.1 million

After the gold company admitted disclosure breaches on two occasions last year.