Newcrest Mining Limited - Localised Seismic Event at Cadia - No Impact to Production Expected
Melbourne, Australia--(Newsfile Corp. - July 4, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) advises that at approximately 4:00am on Friday 2 July 2021 a localised seismic event occurred in the Eastern end of Panel Cave 2 at the Cadia operation.No injuries were sustained and, in accordance with standard operating procedure, all personnel working in the affected area were accounted for and safely returned to surface. Mining operations in all other areas, development activities and above-ground operations...
2021-07-04 7:25 PM EDT
Newcrest Mining Limited Announces New Board Appointment
Melbourne, Australia--(Newsfile Corp. - June 23, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces the appointment of Jane McAloon as an independent Non-Executive Director and a member of the Human Resources and Remuneration Committee, effective from 1 July 2021.Ms McAloon has extensive experience in the resources, energy, infrastructure and utilities industries. She spent 9 years as Group Company Secretary at BHP, including 2 years on the Group Management Committee as President Governance. Prior to that,...
2021-06-23 6:36 PM EDT
Newcrest Mining Limited - Exploration Update 10 June 2021
HighlightsAt Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge and in the Main Zone:At East Ridge, the new discovery adjacent to the East Zone, drilling continues to expand the footprint of the higher grade mineralisation with RC688 returning 344m @ 0.70g/t Au & 0.75% Cu from 776m, incl. 170m @ 1.1g/t Au & 1.1% Cu from 892m. This hole is 100m east of the discovery hole RC678 (previously reported). East Ridge is located 300m...
2021-06-09 8:02 PM EDT
Newcrest Sets Goal of Net Zero Carbon Emissions by 2050
Melbourne, Australia--(Newsfile Corp. - May 17, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce its new goal of net zero carbon emissions by 2050. This goal relates to its operational (Scope 1 and Scope 2) emissions, though Newcrest will also continue to work across its value chain to reduce Scope 3 emissions. Newcrest's recently announced Company Purpose "To create a brighter future for people through safe and responsible mining" underpins its commitment...
2021-05-17 8:12 PM EDT
NCM - Senior Management Announcement - Finance Director & CFO to Retire
Melbourne, Australia--(Newsfile Corp. - May 5, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) announces that Gerard Bond, the Company's Finance Director and Chief Financial Officer, has decided to retire effective 3 January 2022 when he will mark 10 years in the role.Mr Bond said, "It has been an honour and privilege to serve as the Finance Director and CFO over the past decade and be part of the transformation of the Company". "Today, Newcrest has a clear purpose,...
2021-05-05 3:25 AM EDT
Newcrest Mining Limited - Quarterly Report for the Three Months Ended 31 March 2021
Lower costs, on track to deliver FY21 guidance and growth options advanced Operating performance in line with expectations(1)Gold production of 512koz(2) and copper production of 35kt Improved All-In Sustaining Cost (AISC) of $891/oz(2), delivering an AISC margin of 49% or $854/oz(3)Cadia records lowest ever reported quarterly AISC of negative $160/ozOn track to deliver FY21 guidanceAdvancing multiple organic growth options Box cut and surface infrastructure construction progressing well at Red Chris and Havieron Newcrest's initial
2021-04-28 10:27 PM EDT
Newcrest Mining Limited - Quarterly Exploration Report for the Three Months Ended 31 March 2021
HighlightsAt Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge and at Main Zone:At East Ridge, drilling continues to demonstrate the continuity of higher grade mineralisation with RC684, returning a partial intercept of 238m** @ 0.45g/t Au & 0.52% Cu from 814m, incl. 90m** @ 0.85g/t Au & 0.85% Cu from 962m. This hole is 100m down dip from RC678^^ which returned 198m @ 0.89g/t Au & 0.83% Cu from 800m, including 76m @ 1.8g/t...
2021-04-28 10:27 PM EDT
Newcrest Announces Its Initial Mineral Resource Estimate for Red Chris
Melbourne, Australia--(Newsfile Corp. - March 30, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce its initial Mineral Resource estimate for the Red Chris mine located in British Columbia, Canada. Red Chris is operated by Newcrest under a Joint Venture Agreement with Imperial Metals Corporation (Imperial Metals). Since becoming operator in August 2019, Newcrest has embarked on an extensive work program to define the potential of block cave mining beneath the existing open...
2021-03-30 6:13 PM EDT
Newcrest Commences Repurchase of Its Outstanding 2022 Bonds
Melbourne, Australia--(Newsfile Corp. - March 23, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announced today that it has commenced the mandatory redemption of the outstanding US$380 million of its 4.200% Senior Guaranteed Notes maturing 1 October 2022 (the "2022 Notes").The 2022 Notes were issued by Newcrest Finance Pty Limited (ISIN: US65120FAC86 (Rule 144A) / USQ66511AC26 (Reg S)) (CUSIP: 65120F AC8 / Q66511 AC2) under the Indenture dated 1 October 2012 among Newcrest Finance Pty Limited, the...
2021-03-23 5:51 PM EDT
Newcrest Mining Limited - Travel Suspension Between Papua New Guinea and Australia
Melbourne, Australia--(Newsfile Corp. - March 18, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is currently assessing the implications of the two-week travel suspension announced by the Australian Government between Papua New Guinea and Australia.Newcrest is working closely with the Australian Government to better understand details of the travel suspension and to determine and mitigate any potential impacts.The Lihir operation is currently undergoing a planned maintenance shutdown and is in the process of progressively starting up. There...
2021-03-18 8:27 PM EDT
Newcrest Mining Limited - Exploration Update 11 March 2021
HighlightsAt Red Chris, new zones of higher grade mineralisation intersected at East Ridge and south of the South Boundary Fault:At East Ridge, hole RC678, returned 198m @ 0.89g/t Au & 0.83% Cu from 800m, including 76m @ 1.8g/t Au and 1.5% Cu from 908m. East Ridge is located 300m east of East Zone and the new intercept is open in all directions.Drilling at East Zone has intersected higher grade mineralisation south of the South Boundary Fault. The South Boundary Fault...
2021-03-10 6:05 PM EST
Newcrest Renews Its Bank Lending Facilities
Melbourne, Australia--(Newsfile Corp. - March 2, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce that it has renewed its unsecured bilateral bank lending facilities with its existing 13 bank lenders, extending the maturity dates.Each bank has committed approximately US$154 million in facilities for an overall unchanged quantum of US$2 billion on similar commercial terms for Newcrest.The facilities have tenors of three or five years, the aggregate of which is as follows:US$1,077 million of...
2021-03-02 1:48 AM EST
Newcrest Mining Limited - Half Year Results FY21
Melbourne, Australia--(Newsfile Corp. - February 10, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) delivers record free cash flow, lifts dividend and identifies opportunity to unlock significant value at Lihir(1),(2),(13),(21) Strong operating performance and gold price underpins record free cash flow in December half Statutory...
2021-02-10 7:50 PM EST
Newcrest Mining Limited - Annual Mineral Resources and Ore Reserves Statement - as at 31 December 2020
Melbourne, Australia--(Newsfile Corp. - February 10, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) has updated its Mineral Resource and Ore Reserve estimates for the twelve month period ending 31 December 2020 following a review of all production sources. The review has taken into account divestments and acquisitions, long-term metal prices, foreign exchange rates and cost assumptions, as well as mining and metallurgy performance to inform cut-off grades and physical mining parameters. Newcrest listed on the Toronto Stock...
2021-02-10 7:42 PM EST
NCM Announces Red Chris Receives Regulatory and Funding Approval
Melbourne, Australia--(Newsfile Corp. - February 10, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce that it has commenced construction of the box-cut for the exploration decline at its Red Chris mine in British Columbia, following receipt of the necessary regulatory approvals. The Newcrest Board has also approved C$135 million (on a 100% basis) of funding for the construction of the exploration decline and associated infrastructure and permitting costs. These works are expected to...
2021-02-10 5:30 PM EST
Newcrest Mining Limited - Quarterly Exploration Report for the Three Months Ended 31 December 2020
HighlightsHavieron Project initial Inferred Mineral Resource estimate - 52Mt @ 2.0g/t Au and 0.31% Cu for 3.4Moz Au and 160Kt Cu(1)Increased Paterson Province total landholding to ~3,200km2 - by entering into the Juri Joint VentureDrilling intersected a new zone of higher grade mineralisation at Red Chris - 100m west of the open pit, with hole RC666 returning 194m @ 0.62g/t Au & 0.46% Cu from 476m, including 76m @ 1.2g/t Au and 0.75% Cu from 592mCommenced exploration drilling - at...
2021-01-27 7:25 PM EST
Newcrest Mining Limited - Quarterly Report for the Three Months Ended 31 December 2020
Strong quarterly production, safety and unit cost records, progress on growthStrong operating performance in the December 2020 quarter(1)Gold production of 535koz(2) and copper production of 35kt All-In Sustaining Cost (AISC) of $968/oz(2), delivering an AISC margin of 46% or $836/oz(3)Cadia records lowest ever quarterly AISC at negative $6/ozSafety Transformation Plan delivering resultsRecord low TRIFR outcomes for Red Chris and Telfer Overall Group TRIFR of 1.6, an equal record low for a quarter Growth agenda advanced w
2021-01-27 7:24 PM EST
NCM Announces Havieron Project Receives Regulatory and Funding Approval
Melbourne, Australia--(Newsfile Corp. - January 12, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce that the Newcrest Board has approved A$146 million (~US$112 million[1]) for the construction of the box cut, exploration decline and associated surface infrastructure at the Havieron Project in Western Australia, which it owns in joint venture with Greatland Gold plc (Greatland Gold). This funding approval follows receipt of the necessary regulatory approvals to commence these construction activities. Newcrest...
2021-01-12 5:21 PM EST
Newcrest Signs New Compensation, Relocation and Benefits Sharing Agreements at Lihir
Melbourne, Australia--(Newsfile Corp. - December 22, 2020) - Newcrest Mining Limited's (ASX: NCM) (TSX: NCM) (PNGX: NCM) wholly owned subsidiary Lihir Gold Limited ("LGL") has completed the signing of new compensation, relocation and benefits sharing agreements with the mining lease area landholders at its Lihir gold mine in New Ireland Province, Papua New Guinea ("PNG").The comprehensive review of the previous agreements conducted over several years was sanctioned by the National Governments Mineral Resource Authority and identified a range of key improvements to...
2020-12-22 12:46 AM EST
Newcrest Signs Renewable Energy PPA to Help Deliver ~20% Reduction in Greenhouse Gas Emissions
Melbourne, Australia--(Newsfile Corp. - December 15, 2020) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) has entered into a 15 year renewable Power Purchase Agreement (PPA) with Tilt Renewables Limited to secure a significant part of the future projected energy requirements of its Cadia mine in New South Wales, Australia. The PPA, together with the forecast decarbonisation of NSW electricity generation, is expected to deliver a ~20% reduction in Newcrest's greenhouse gas emissions and is a significant...
2020-12-15 5:14 PM EST