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Click here. Newcrest commits to Telfer A WEEK after the defeat of the proposed Western Australian gold royalty increase, Newcrest Mining has committed A$93 million to extend the life of its Telfer mine. Telfer produced 386,242 ounces of gold in the 2017 financial year, down from 462,461 ounces the previous year, … Newcrest spent $93 million doing what was expected to be the last "cutback" at Telfer in 2017 and 2018, in works that extended the mine's life to about 2023. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Newcrest Mining Ltd, Australia's top gold producer, on Thursday posted a drop in first-quarter output and outlined a jump in costs, sending its shares down to a four-month low. Will this summer be the season men start wearing shorts to the office? Contractor dies at Newcrest's Telfer gold mine, second WA mining fatality in one week Posted Fri Friday 15 May May 2015 at 11:00am Fri Friday 15 May May 2015 at 11:00am Share Her lawyer Alex Illich described the injuries as "horrific". Coronado Global Resources has requested two new fleets from NRW Civil & Mining for the Curragh coal mine in Queensland’s Bowen Basin. NEWCREST Mining has opted to retain its Telfer mine as it announced a return to profitability. Image: Newcrest Mining. Macmahon Holdings could be heading towards a courtroom showdown with Newcrest Mining over its long-running Telfer mining services contract dispute. Telfer is ageing, so the company seeks to lift output with the nearby Havieron deposit and the Red Chris mine in Canada, its entry into North America, both acquired last year. Ms Rundle was eating her lunch near the barbecue area of the camp, when a dingo jumped up and took her phone, she said in a statement through her lawyer. The Telfer Mine was initially certified in compliance with the Cyanide Code in August 2012 and recertified in September 2016. "As a result, she's suffered significant economic loss.". "These are real dangers that construction workers face in the resources sector and in remote areas on a daily basis. Newcrest continues to sponsor the Desert Sports Development program in Western Australia for the local Martu community As part of the deal, Newcrest has agreed to loan $50 million to its partner to fund early works and drilling at the Havieron project, located 45km … "If the claim is disputed, it could potentially take nine to 12 months to get to a trial," Mr Illich said. SEVEN people have been safely evacuated after being trapped underground by a fire at Newcrest Mining’s Telfer gold and copper project in north Western Australia. Given this progress, Mcmahon revealed that its assessment was the present value of incremental cash flows from the Telfer contract was likely to be positive over the remaining term of the project. Newcrest Mining has increased rates for Macmahon Holdings’ work at the Telfer gold mine in Western Australia, putting an end to their contractual dispute. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Newcrest produced 2.17 million ounces during the 12 months to June 30, down 13 per cent on last financial year. A high-level overview of Newcrest Mining Limited (NCMGF) stock. Her lawyer Alex Illich described the injuries as "horrific". Newcrest Mining. Mine Risk Management > Leadership 26 May 2005 A woman is suing a mining company over a dingo attack in the Western Australian outback last year. Newcrest said the investment would also extend the life of Telfer’s open pit by around four years to 2023, subject to metal prices and operating conditions. However, Jean-Paul Turcaud, a French prospector, disputes this claim to this day. Despite this positive step, the company pointed out that its assessment could change in the future. "As a result of the injuries sustained, she's been unable to work and she's had to go through extensive medical treatment and procedures," he said. Mr Biswas called the mineralisation “amongst the most impressive seen in recent memory” and said Newcrest was excited about mining it. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. The International Cyanide Management Institute (ICMI) announced today that Newcrest Mining’s Telfer Mine in Australia has been certified in full compliance with the International Cyanide Management Code (Cyanide Code). The Paterson region hosts several large gold and/or copper deposits such as Nifty, Winu and Newcrest’s Telfer. "To come up with dingo sticks as a first line of defence, and then to have to be lobbied into putting fences up, that was outrageous. Thanks to the MJO it's finally starting to deliver, 'Like trying to visit someone in jail': Families fight visiting restrictions in aged care, 'Service with a smile': The epicentre of COVID-19 wants tourists back, and it has strict rules about how to greet them, The hidden agenda of royal experts circling The Crown season 4, the attack at Newcrest's Telfer mine, in the Great Sandy Desert, in July last year, Dingoes severely maul mine worker at remote site in WA, Thai parents urged to write children out of wills as youth-led protest movement grows, Losing my hands and feet to sepsis was a massive bummer. Newcrest, together with its WGJV partner Harmony, looks forward to re-engaging with the State of Papua New Guinea (PNG) and progressing discussions on the Special Mining Lease for … Newcrest also announced it had found a “pod” of high-grade mineralisation at its Havieron Project, 45km from its Telfer mine in WA. The results coincide with a surge in net profit after tax, increasing from $33.2 million in the 2018 financial year to $46.1 million in the 2019 period. Newcrest Mining after Telfer profitability jump with ore sorting technology Posted by Daniel Gleeson on 29th October 2018 Newcrest Mining has confirmed ore sorting technology is one of several innovations it is currently investigating at group level to increase profitability and build on its substantial resource base. Reviews from Newcrest Mining Limited employees about Newcrest Mining Limited culture, salaries, benefits, work-life balance, management, job security, and more. At Newcrest we’re known for our strong technical capabilities in exploration, deep underground block caving and metallurgical processing skills. “This reliable performance and the good revenue visibility provided by our $4.7 billion orderbook has underpinned the Board’s decision to reinstate dividends to Macmahon shareholders.’, The 2019 financial year final dividend of 0.5 cents per share is the company’s first dividend in seven years with the board aiming to pay dividends on a “sustainable basis going forward.”. "It beggared belief to see their control measure they put in place," he said. The mine was discovered by Newmont Mining in 1972. MELBOURNE, Australia, Dec. 9, 2020 /CNW/ -- Newcrest Mining Limited (ASX, TSX, PNGX: NCM) is pleased to announce its Initial Inferred Mineral Resource estimate at … The company has been facing difficult mining and geothermal conditions at Lihir, which has delayed access to ex-pit ore. ... 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