Newcrest Mining has withdrawn from the Selby, Watts and Lewis joint ventures (JVs) in Western Australia with Encounter Resources.
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Newcrest, Greatland in position to fast-track Havieron
Newcrest Mining and Greatland Gold are confident that the encouraging mineral resource for the Havieron joint venture project in Western Australia will allow the partners to fast-track development of the operation.
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Newcrest grows Paterson Province presence
Newcrest Mining has entered a joint venture (JV) agreement with Greatland Gold for the Havieron project, 45 kilometres east of its Telfer gold mine in Western Australia’s Paterson Province.
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Is Aussie M&A set to rise?
Northern Star Resources and Saracen Mineral Holdings’ announcement of a $16 billion merger has brought anticipation for the rise of a new top 10 global gold producer, with signs there may be more mergers and acquisitions (M&A) in the gold sector.
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Crusader Hose dewaters Lihir gold mine in PNG
A project to expand Newcrest Mining’s Lihir gold mine in Papua New Guinea proved challenging due to a high water table. To reduce the water level in the pit, Crusader Hose was brought in to provide a dewatering solution.
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New consortium to improve future processing efficiencies
Mining companies such as Newmont, Glencore and Eriez Flotation are set to form a consortium to improve the energy efficiency of mineral processing operations.
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Newcrest approves Cadia expansion
The board of Newcrest Mining has approved stage two of the Cadia expansion project in New South Wales, which is expected to increase plant capacity and reduce production costs.
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Newcrest, Encounter JV begins drilling at gold-copper project
Encounter Resources has started diamond drilling at the Aileron gold-copper project in the West Arunta region of Western Australia – a joint venture between Encounter and Newcrest Mining.
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Gold prices near $US1900/oz
Gold prices have moved to their highest point since 2011 this week as they approached $US1900 ($2662) an ounce.
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Newcrest to invest $6m in Paterson Province exploration
Newcrest Mining is set to spend at least $6 million on exploration at the Wilki copper-gold project in Western Australia as part of a partnership with Antipa Minerals.
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High Aussie gold prices contribute to lower production: Surbiton
Australian gold production fell by 10 tonnes, or 12 per cent from the previous quarter during the March period, according to gold consultants Surbiton Associates.
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Australia to overtake China as world’s largest gold producer: Resources Monitor
The gold industry is faring well during the coronavirus pandemic that is affecting so many other industries around the world, according to Resources Monitor’s latest report.
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Newcrest banks on growth with $1.1bn raising
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.
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Rio Tinto chairman highest paid among ASX 100 directors
Rio Tinto chairman Simon Thompson has been named the highest paid single board director in the 100 largest ASX-listed companies, with an annual paycheck of more than $1.6 million.
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Gold prices continue rollercoaster, shoot to another record
Australian gold prices have hit seven-year highs yet again, with ABC Bullion recording a price of $2712.49 per ounce last week, before dropping over the weekend and settling back at $2672.78.
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Newcrest maintains production guidance amid virus challenges
Newcrest Mining has maintained its guidance for the 2020 financial year despite limitations on workforce movement interstate and internationally.
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Economic stimulus ‘good news’ for mining juniors
Leaders of the resources sector and the Federal Minister for Resources, Water and Northern Australia, Keith Pitt have convened in Canberra to come up with a plan against the impact of the coronavirus outbreak.
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Newcrest drops gold production for future performance
Newcrest Mining is confident of delivering a strong first half of 2020, despite finishing the previous half with a 12 per cent reduction in gold output.
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Newcrest, Harmony overcome Wafi-Golpu legal block
Newcrest Mining and Harmony Gold are set to resume talks for their Wafi-Golpu gold-copper joint venture project in Papua New Guinea after facing delays in securing project permits.
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Newcrest acquires another North American project
Newcrest Mining is set to purchase the GJ copper-gold property in British Columbia from Vancouver-based Skeena Resources for $C7.5 million ($8.37 million) in cash.
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