Newcrest Mining Limited

Recent News

  • 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