Newcrest uses a variety of efficient mining methods for large ore bodies, together with selective underground mining methods to optimise high-grade epithermal deposits and porphyry deposits.Our operating mines are located in Australia, Canada and Papua New Guinea.Newcrest dates back to 1966, when Newmont Mining Limited established an Australian subsidiary, Newmont Holdings Limited, which subsequently changed its name to Newmont Australia Limited. Discovery was the result of targeted drilling from 1985 by Newmont Australia, which had followed up geophysical data indicating both concealed granite and discrete magnetic anomalies to the south of Telfer.
Newcrest has a strong track record of discovering major deposits over the past 15 years, including the deposits at Cadia Hill, Cadia East, Ridgeway, Gosowong, and the O’Callaghans … Speaking at the release of the company’s June production report, Newcrest director Ian Smith said that the resource estimate for the O’Callaghans tungsten deposit near its Telfer gold mine in Western Australia is around 60 million tonnes.The discovery will be of particular interest in China.With up to 60% of the world’s tungsten resources China is the dominant player in the global market and may bid for the O’Callaghans deposit to maintain its standing.According to Smith, Newcrest is open to taking advantage of the situation and the company is already in talks with companies in China who are very interested in O’Callaghans.“There is no shortage of people interested in what is a world-class deposit outside of the control of the country that now dominates that whole industry,” Smith said.“Some of the companies to have shown interest have also been from Japan and northern Europe.“What we are confident of is that we are sitting on a pretty important and strategic resource.”Newcrest also reported its June quarter gold production was 397,826 ounces, up 9% on the previous quarter, but down from 435,120 ounces a year earlier.The production results took the company’s annual gold output to 1.63 million ounces for the financial year, which remained in line with previous guidance of 1.62 million ounces.To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. We aspire to have exposure to five tier one ore bodies by 2020. 2020 According to Smith, Newcrest is open to taking advantage of the situation and the company is already in talks with companies in China who are very interested in O’Callaghans.
Established in 1908, Australian Mining continues to lead and inform the Australian mining industry of the latest innovations in mining technology and equipment.Heron Resources is exploring various options for its Woodlawn zinc-copper project in New South Wales, including refinancing, joint ventures and divestment. Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world's largest gold mining companies.At Newcrest we’re known for our strong technical capabilities in exploration, deep underground block caving and metallurgical processing skills. Our reserve and resource base is strong, with current gold reserves representing more than 25 years of production at current rates. © Copyright Newcrest Mining Limited Our Our headquarters are in Melbourne, Australia with operating mines in Australia, Canada and Papua New Guinea.Everybody going home safe and healthy every day is our priority. We care for the communities we work with and the environment, applying sustainable practices across all aspects of our business.Our people are capable and engaged, empowered to deliver superior returns. Queensland has passed an industrial manslaughter bill, meaning if an employee is killed on the job due to negligence, directors may face up to 20 years’ imprisonment and organisations fines exceeding $10 million. Through this investment, Newcrest has advanced the technical development of caving mining methods with current application at Cadia and Telfer, and planned application at Red Chris and Wafi-Golpu.
Queensland has passed an industrial manslaughter bill, meaning if an employee is killed on the job due to negligence, directors may face up to 20 years’ imprisonment and organisations fines exceeding $10 million.
Heron Resources is exploring various options for its Woodlawn zinc-copper project in New South Wales, including refinancing, joint ventures and divestment. NEWCREST has put the wind up China's tungsten industry by revealing that its O'Callaghans tungsten discovery near the Telfer gold/copper mine in Western Australia is shaping up as a world-class find.
Actively growing the value of our business through brownfield and greenfield exploration, combined with a focus on early-entry merger and acquisition prospects in known gold regions. We're committed to creating a work environment where everyone can go home safe and healthy every day, and where everyone actively contributes to this outcome; operating and developing mines in line with strong environmental, social and governance practices; developing a diverse workforce; and developing and maintaining strong relationships with our communities and governments.Diversity and inclusion are essential parts of Newcrest’s vision, values and company culture. (OPERATIONS, DEVELOPMENT PROJECTS OR EQUITY INVESTMENTS)Keeping people safe and healthy and respecting our communities and the environment.Doing what we say we will do and doing the right thing.Having shared goals and helping one another to achieve them.Newcrest owns and operates a portfolio of predominantly low cost, long life mines and a strong pipeline of brownfields and greenfields exploration projects. We have a focus on diversity and inclusion and developing our people at all levels.Optimising the returns, we can achieve from our current operating assets, we aim for low-cost, long-life operations. Newcrest also announced an updated indicated and inferred resource for its O’Callaghans deposit of 78 million tonnes containing 260,000 tonnes of tungsten and 220,000 tonnes of copper. The O'Callaghans tungsten deposit is located ~400 km ESE of Port Hedland and ~10 km SE of the Telfer gold mine in Western Australia (#Location: 21° 48' 38"S; 122° 14' 50"E).
Safe to Work investigates what the new laws mean for mining.