Company News Summary | 13 Sep 2017
Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified
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.
|This report appeared on www.morningstar.com.au||2018 Morningstar Australasia Pty Limited|
© Copyright 2018 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").