Newcrest gives up gold to replace tailings dam

Original article by Paul Garvey
The Australian – Page: 20 : 24-Apr-18

Newcrest Mining was forced to halt operations at its Cadia mine in New South Wales after a wall in its northern tailings dam was partly breached in March. It has since resumed production, but at reduced levels, due to the limitations of its southern tailings dam. Newcrest has now been given conditional permission to dump tailings in part of its old Cadia Hill open pit mine while it looks at how best to fix the northern tailings dam. However, its decision means forgoing potential resources of up to 270,000 tonnes of unmined copper and up to three million ounces of unmined gold.

CORPORATES
NEWCREST MINING LIMITED – ASX NCM, RBC CAPITAL MARKETS

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