Newcrest Mining Limited

Recent News

  • 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 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 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 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