Company News Summary | 13 Sep 2017
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Newcrest Mining Announces Cadia East Panel Cave 1 Production Recommences
09:57:00 | Associate analysts
Original annuncemenet:Cadia East Panel Cave 1 production recommences
Newcrest Mining announced that the remediation and upgrade work required to recommence use of Cadia East's Panel Cave 1 (PC1) crusher chamber has been completed to a standard consistent with its emphasis on safe and sustainable operations. Extraction of ore has recommenced from two extraction drives in PC1. It has submitted final ground support plans for the PC1 crusher chamber and extraction level to the regulator, and these have been accepted. As a result, the Prohibition Notice has been amended to allow operations to recommence as areas are upgraded in accordance with the submitted plans. Remediation and upgrade work continues on other areas in the PC1 extraction level, which is expected to be completed by the end of December 2017.
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