Telfer's open pit by around four years, until approximately 2023. This expected extension of Telfer's mine life represents a significant additional contribution to the Western Australia economy from a mine which in the current financial year is expected to spend approximately A$800 million in operating and capital costs.
Newcrest creates economic value for PNG and local communities including direct revenues from operations, investments in public infrastructure and services, support of local suppliers and a range of indirect economic benefits. Approximately 4,500 people are employed at Lihir which has a combination of residential and fly-in-fly-out personnel ...
The Telfer operation is comprised of open pit mining at both Main Dome and West Dome and underground mining at Main Dome. Open pit mining is a conventional truck and hydraulic excavator operation. Underground selective and bulk long hole open stope mining methods are used for excavation of the high-grade reefs and Western Flanks …
At Telfer, for the West Dome Stage 8 cutback, the Newcrest Board approved a total investment of A$214 million (~US$150 million) inclusive of mine operating costs and A$73 million of capitalised production stripping. The cutback underpins continuity of operations at Telfer, with the mine now expected to extend operations into early FY25.
The Telfer gold-copper operation is being expanded. (Image courtesy of Newcrest | Twitter.Newmont Mining (NYSE: NEM; TSX: NGT), the world's largest gold producer, is seeking to build a global gold …
Telfer guidance for FY23 remains unchanged, including gold production (355-405koz), sustaining production stripping (US$55-75 million) and sustaining capital expenditure (US$35-55 million) 2 ...
Australia, is 100 per cent owned by Newcrest. Telfer is a fly -in-fly-out operation, 400 kilometres east-south-east of Port Hedland and approximately 1,300 kilometres by air or 1,900 kilometres by road north-east of the state's capital, Perth. Telfer comprises the Main Dome and West Dome open pits and the Telfer underground mine.
Expectations are Telfer could be for sale with or without the merger. UK listed Greatland has a market capitalisation of about £400m ($715m) and wouldn't normally be seen as being in the ...
Newcrest said a further 432,479 troy ounces of planned gold sales from Telfer have been hedged. A total of 137,919 ounces in hedges of gold from the mine were recorded as outstanding at June 30. "Telfer is a …
Newcrest is due to complete its review of Telfer and its operations in October. Mr Treadgold said the company was under pressure to reduce its net debt, which increased to $4.29 billion at the end ...
Metals. Gold and Copper. Location. 400 kms from Port Hedland, WA. Telfer is comprised of the Main Dome, West Dome open pits and underground mines and produces gold and …
August 16, 20158:52 PM PDTUpdated 9 years ago. SYDNEY (Reuters) - Newcrest Mining said it has called off the proposed sale of its Telfer gold mine in Australia, and will instead invest to extend ...
utilising the Telfer plant without interruption as we look to introduce Havieron and other new potential feed sources in the future." Production stripping for the Stage 5 cutback will commence in September 2021, with first ore production expected to be delivered to the Telfer mill in March 2022(2). Authorised by the Newcrest Disclosure Committee
Job seekers interested in opportunities at Brucejack, Red Chris, Lihir, Cadia or Telfer can use the search feature below. Job seekers interested in opportunities at Akyem, Ahafo, Boddington, Tanami, Yanacocha, Merian, Cerro Negro, Peñasquito, CC&V, Porcupine, Eléonore or Musslewhite, must visit https://jobs.newmont
PERTH (miningweekly) – Gold major Newcrest Mining on Thursday announced that it would invest A$246-million into the West Dome Stage 5 cutback at its …
Newcrest will publish its financial results for fiscal 2021 on August 19. But Havieron and other discoveries in the nearby Paterson Province of Western Australia look set to transform Telfer's ...
Newcrest Mining will proceed with the West Dome Stage 5 cutback at its Telfer gold-copper operation in Western Australia. The cutback underpins the continuity …
Newcrest Mining said that its board has approved an investment of A$214m ($138m) for the West Dome Stage 8 cutback at its fully-owned Telfer gold-copper mine operations in Western Australia. …
Newcrest Mining Limited (ASX, TSX, PNGX: NCM) is pleased to announce that it will proceed with the West Dome Stage 5 cutback (the "cutback") at its Telfer operation in …
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Telfer produces copper and gold and is the largest processing facility in the Paterson Province. It has the valuable Havieron deposit 45km away, which is 70 per cent owned by Newcrest and 30 per ...
Overview. Havieron is a high-grade gold-copper project centered on a deep magnetic anomaly located within Mining Lease M45/1287 in the Paterson Province of Western Australia, approximately 485km southeast of the town of Port Hedland and 45km east of Telfer. Havieron was discovered by Greatland in 2018 and is currently being advanced …
The comments leave an uncertain future for Newcrest's Telfer and Havieron assets in Western Australia, the Namosi prospect in Fiji, the Wafi-Golpu project in the PNG highlands and Newcrest's ...
The board of Australia's Newcrest Mining has unanimously backed a A$29bn (US$19bn) takeover offer by its US rival Newmont, paving the way for the world's largest gold miner to strengthen its ...
The Company's assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of …
- Newcrest Mining (TSX: NCM), one of the world's largest gold mining companies, announced today that it will proceed with the West Dome Stage 5 cutback at …
Newcrest may acquire an additional 5% interest at the end of the farm-in period at fair market value. The farm-in agreement includes tolling principles reflecting the intention of the parties that, subject to a successful exploration program and Feasibility Study, the resulting joint venture ore will be processed at Telfer.. Telfer is the largest processing facility in …
At Telfer, for the West Dome Stage 8 cutback, the Newcrest Board approved a total investment of A$214 million (~US$150 million) inclusive of mine …
Newcrest has signed an Indigenous Land Use Agreement with the Martu people who are the traditional owners of the land surrounding the Telfer gold mine in Western Australia's Pilbara region. The agreement will provide $18 million over five years for the benefit of Martu, followed by a revenue based payment from mining in the agreement area.
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