Newcrest Mining has secured adequate levels of water to continue producing without restraint at the Cadia operations in New South Wales.
Newcrest Mining is set to raise $1.1 billion to fund future growth at its mine sites globally as other companies preserve cash due to concerns over economic uncertainty.
Newcrest Mining has maintained its guidance for the 2020 financial year despite limitations on workforce movement interstate and internationally.
Newcrest Mining is focussed on achieving a goal of having five Tier 1 orebodies in its gold portfolio by the end of 2020.
Downer Group chief executive Grant Fenn is mulling over the future of the contractor’s mining business, stating that it is “very capital-intensive.”
Safety and sustainability drive operational outcomes, according to Newcrest Mining chief development officer Michael Nossal.
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Alkane Resources claims recent drilling has revealed “Cadia-style” results at its Boda and Kaider prospects in New South Wales.
The Australian dollar gold price has moved above $2300 an ounce for the first time in history as fears surrounding the United States–China trade wars have again impacted global economic markets.
Newcrest has achieved “very strong results” throughout the 2019 financial year driven by a record-breaking performance from its Cadia mine in New South Wales.
Australian mining companies are capitalising on the currency disparity with North America to drive operational growth.
Newcrest Mining has finished off the 2019 financial year with both quarterly and annual gold production records at the Cadia mine in New South Wales.
Gold producer Newcrest Mining has reported a decrease in gold production in the March 2019 quarter following planned shutdowns at the Cadia process plant in New South Wales.
Newcrest Mining has awarded Jacobs Engineering a contract as part of the planned expansion of the Cadia operations in New South Wales, Australia’s top producing gold site in 2018.
Newcrest Mining more than doubled its half-yearly profit amid lower gold and copper prices, thanks to record high production at the Cadia operations in New South Wales.
Newcrest Mining has increased production at each of its four gold mines in the December quarter.
Australian gold production was only a few thousand ounces shy of the previous quarter, totalling 81 tonnes during the third quarter of 2018 and contributing to $16 billion in annual exports.
Gold miner Newcrest Mining has recorded falls in production at three of its mines due to maintenance programs and unplanned outages.
Australian gold output neared record highs during the 2017–2018 financial year, totalling 310 tonnes, or just under 10 million ounces (Moz). It is the highest output since the 1997–1998 financial year.
Newcrest Mining is on track to expand the Cadia gold operations in New South Wales with a much lower investment than previously expected.