More jobs will be axed from Newcrest’s Telfer gold mine in Western Australia next week as the miner continues its attempt to rein in costs.
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Newcrest’s gold output drops quarter-on-quarter
Gold miner Newcrest Mining has recorded back-to-back quarters of declining gold and copper production.
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Newcrest boss’ pay axed by $1m
Newcrest Mining’s boss has taken a million dollar pay cut to $2.73 million after the company reported its first annual loss in 11 years.
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Glencore to write down billions in Xstrata nickel assets
As GlencoreXstrata reports its first set of results on Tuesday since merging in May, it is predicted the company will write down the value of its Xstrata assets by as much as $US7.61 billion.
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Newcrest reports record loss
Newcrest Mining on Monday reported its first annual loss in 11 years as well as the biggest annual loss in its history, after an $AU6.23 billion write-down.
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Mineral research lab extension at TAS uni
Newcrest Mining has teamed with the University of Tasmania (UTAS) to build a $3 million extension to a minerals research laboratory.
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Gold’s up but not out of the woods
Gold made its biggest one day gain in over a year, surging 3 per cent to hit a one-month high on Monday, breaking the $US1300 an ounce mark.
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Newcrest bears the burden of a shifting gold market
Gold miner Newcrest Mining has maintained its full-year gold and copper production guidance despite recognising the gold market is changing.
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Focus Minerals closes its third gold operation this year, another 65 jobs gone
The lower gold price has taken another casualty with Focus Minerals announcing it will cease its Coolgardie operations at the end of the month.
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150 PNG Newcrest jobs cut
Newcrest is slashing 150 local and expat jobs at Papua New Guinea's Lihir gold mine.
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The height of mega gold mines drawing to a close.
A look at three very different gold miners across the world shows that despite their differences, they are all in the same financial boat, as gold's star wanes.
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PNG leader fearful of Newcrest slump
Papua New Guinea’s Prime Minister is apprehensive over the problems facing Newcrest Mining and its repercussions for the country’s economy.
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Newcrest to review high cost mines
The slump in gold prices has forced Newcrest into reviewing its high-cost mines, and further cost cutting may also be on the horizon.
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Newcrest sees profit crash
Newcrest has recorded a profit drop of more than half year on year as lower metal prices and gold production hurt its bottom line.
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Newcrest right on the golden target
The December quarter saw Newcrest’s gold and copper production rise just over 7 per cent, putting the company on target to hit its full-year production forecasts.
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Ausenco wins Newcrest’s Lihir contract
Ausenco has been awarded a three year contract to manage a portfolio of projects at Newcrest's Lihir mine.
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Newcrest expects growth to continue
Newcrest Mining have told shareholders a period of strong dividend growth can be expected as capital spending on projects peak and higher rates of gold are produced.
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Tough run for world’s top ten gold miners
Despite being the top ten gold miners in the world during historically high prices, getting on top, and staying there, is difficult.
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Lihir halts production
Newcrest has halted production at its Lihir gold mine due to a dispute with local landowners.
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Alliance signs FIFO deal with Newmont
Alliance Aviation has entered a Letter of Intent to provide Services for Newmont Mining.
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