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Newcrest

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Market releases

For market releases from previous years, please click here.

2018 Market releases

FY18 Carrying Value Update

09 August 2018

As Newcrest continues to finalise its Financial Report for the year ended 30 June 2018, it provides the following update to the market in relation to earnings, free cash flow and net debt.

Newcrest Board Renewal

17 July 2018

Newcrest today announced two changes to the composition of its Board of Directors.

Gosowong Contract of Work amended

26 June 2018

Newcrest’s 75%-owned Indonesian subsidiary, PT Nusa Halmahera Minerals (PT NHM), has entered into an amendment agreement with the Government of Indonesia to amend the Gosowong Contract of Work (CoW).

Proceeds from Cadia insurance settlement of US$155m

20 June 2018

Newcrest has settled its insurance claim with the Company’s insurers in relation to the 14 April 2017 seismic event at the Cadia operation.

Cadia commences deposition of tailings into old open pit

07 May 2018

On 23 April 2018, Newcrest announced to the market that it had received approval from the New South Wales (NSW) Department of Planning and Environment to use the first 200m of the old Cadia Hill open pit as a tailings storage facility.

Cadia Hill open pit approved for tailings disposal

23 April 2018

Newcrest has received approval from the New South Wales (NSW) Department of Planning and Environment to use the first 200m of the old Cadia Hill open pit as a tailings storage facility.

Supplementary data on Updated Wafi-Golpu Feasibility Study

12 April 2018

On 19 March 2018, Newcrest released an update to the Wafi-Golpu Feasibility Study prepared by the Wafi-Golpu Joint Venture (WGJV) project team.

Processing recommences at Cadia

03 April 2018

Newcrest recommenced processing at Cadia over the Easter weekend with the associated tailings being deposited into the southern tailings facility.

Mining recommences at Cadia

27 March 2018

As previously announced, in the late afternoon of Friday 9 March 2018, a limited breakthrough of tailings material was identified at the Cadia northern tailings facility embankment.

Updated Wafi-Golpu Feasibility Study

19 March 2018

Newcrest Mining Limited (Newcrest) has today released an updated Wafi-Golpu Feasibility Study prepared by the Wafi-Golpu Joint Venture (WGJV) project team.

Cadia – Northern Tailings Dam

12 March 2018

In the late afternoon of Friday 9 March 2018, a limited breakthrough of tailings material was identified at the Cadia northern tailings dam embankment.

Newcrest forms strategic partnership with Lundin Gold

26 February 2018

Newcrest has entered into agreements with TSX listed Lundin Gold Inc. (Lundin Gold) to invest in Lundin Gold and farm-in to a selection of its exploration concessions in Ecuador.

2017 Market releases

Newcrest agrees to divest Bonikro for $81m

13 December 2017

Newcrest has signed an agreement to sell its 89.89% interest in the Bonikro operation to a consortium consisting of F&M Gold Resources Ltd. and Africa Finance Corporation, for consideration comprising:

Extension to electricity contract for Cadia

05 December 2017

Newcrest has entered into a five year extension to its electricity contract with EnergyAustralia, providing a lower tariff and increased cost certainty for the medium term.

Notice of Annual General Meeting 2017

09 October 2017

Cadia East Panel Cave 1 production recommences

13 September 2017

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 Newcrest’s emphasis on safe, strong and sustainable operations.

Cadia East Update – PC2 recommences production

19 July 2017

Newcrest has completed the ‘test and response’ phase of the Panel Cave 2 (PC2) restart following the seismic event that occurred on 14 April 2017.

Cadia East Update - Ore extraction test phase commences

28 June 2017

The remediation and upgrade work required to restart ore extraction from Cadia East’s Panel Cave 2 (PC2) has been completed to a standard consistent with Newcrest’s emphasis on safe, strong and sustainable operations.

Newcrest investment in SolGold plc

19 June 2017

Newcrest has invested a further US$40m in the London AIM-listed company SolGold plc (SolGold), following a US$41.2m capital raising by SolGold.

Cadia expansion update

18 May 2017

As mentioned in the Company’s market release of 12 May 2017 the prefeasibility study on the proposed expansion to the Cadia processing plant has been completed and the approval of the study is pending while the team at site is focused on completing the remediation and upgrade work.

Update on status of Cadia operation

12 May 2017

Update on status of Cadia operation

Update on status of Cadia operation

27 April 2017

At approximately 2.30am on Friday 14 April 2017 a large seismic event occurred in the region of the Cadia operation, 25km south of the city of Orange, New South Wales.

Seismic event in the region of Cadia operation

18 April 2017

At approximately 2.30am on Friday 14 April 2017 a large seismic event occurred in the region of the Cadia operation, 25km south of the city of Orange, New South Wales.

2016 Market releases

Senior leadership team changes at Newcrest Mining Limited

19 October 2016

Newcrest today announced a number of changes to its Executive Committee structure to enable a dedicated focus on the strategic priority of profitable growth.

2016 Appendix 4G and Corporate Governance Statement

06 October 2016

2016 Notice of Annual General Meeting

06 October 2016

Sale of Hidden Valley interest

19 September 2016

Newcrest has signed an agreement to sell Newcrest PNG 1 Ltd to a wholly owned subsidiary of Harmony Gold Mining Company Limited (Harmony).

Special Mining Lease application submitted for Wafi-Golpu Project

25 August 2016

The Wafi-Golpu Joint Venture today submitted an application for a Special Mining Lease (‘SML’) for the Wafi-Golpu Project (‘Project’) with the Mineral Resources Authority of Papua New Guinea (‘PNG’).

Newcrest Board Renewal

12 August 2016

Newcrest today announced two changes to the composition of its Board of Directors.

Mine production resumed at Kencana

14 June 2016

Mining recommenced over the weekend at the Kencana mine, part of the Gosowong operation.

Newcrest renews its bank lending facilities

05 May 2016

Newcrest has signed agreements to extend the term of its unsecured bilateral bank lending facilities on improved terms and conditions for Newcrest, as well as reducing the quantum.

Further hedging of Telfer’s gold sales

05 May 2016

Newcrest has recently completed additional hedging of a portion of Telfer’s expected FY18 and FY19 gold sales, with a further 200,000 ounces of gold sales being hedged at an average AUD gold price of AUD 1,773 per ounce.

Executive Appointment at Newcrest

12 April 2016

Newcrest Managing Director & Chief Executive Officer, Sandeep Biswas, today announced the appointment of Ian Kemish as EGM – Public Affairs & Social Performance, effective 16 May 2016.

Mine production resumed at Toguraci

12 April 2016

Mining recommenced today at the Toguraci mine, part of the Gosowong operation.

Partial hedging of Telfer’s future gold sales

24 March 2016

Newcrest announced today that over the past month it has put in place hedges for a portion of Telfer’s future gold production as follows...

Class action settlement agreed

22 February 2016

Newcrest Mining Limited today reached an agreement to settle the shareholder class action proceedings commenced by Earglow Pty Ltd on 21 July 2014 in the Federal Court of Australia on behalf of a group of shareholders who acquired an interest in Newcrest securities between 13 August 2012 and 6 June 2013.

Trapped miner rescued at Gosowong

16 February 2016

At approximately 10.30am (local time) today Pak Mursalim Sahman was safely rescued.

Wafi-Golpu – Update on Stage One Feasibility and Stage Two Prefeasibility Studies

15 February 2016

The Newcrest Board has reviewed the Wafi-Golpu Stage One Feasibility Study and Stage Two Prefeasibility Study prepared by the Wafi-Golpu Joint Venture project team.

Lihir Pit Optimisation Project to progress to Feasibility Study stage

15 February 2016

As previously advised, a project is being undertaken to optimise the integrated life of mine plan for Lihir, including seepage barrier options.

Contact established with trapped employee at Gosowong

10 February 2016

Newcrest Managing Director and Chief Executive Officer, Sandeep Biswas said today, “I am very pleased to confirm that at approximately 10am today local time we made verbal contact with Pak Mursalim Sahman who is trapped underground at the Kencana Underground Mine.”

Geotechnical event at Kencana

09 February 2016

At approximately 8:30 pm (local time) on 8 February 2016, a geotechnical event occurred at the Kencana Underground Mine at the Gosowong Gold Mine on Halmahera Island in Indonesia.

2015 Market releases

Change in Reporting Currency

17 December 2015

Newcrest today announced that its reporting currency is to change from Australian dollars to US dollars, commencing with the 2016 financial year.

Cadia Concentrator 1 SAG mill back in operation

23 November 2015

Following repairs and a period of operational testing, Concentrator 1 SAG mill at Cadia is now operating at full capacity.

Contract awarded to Macmahon for the Telfer open pit operations

11 November 2015

Following a competitive tender and due diligence process examining safety, experience and capabilities, Newcrest has awarded the contract for Telfer open pit mining and mobile mining equipment maintenance to Macmahon Holdings Limited to commence early February 2016.

Cadia Concentrator 1 SAG mill remains offline

29 October 2015

As communicated in the September 2015 Quarterly Report, on Saturday 18 October 2015 a problem was detected with the motor on concentrator 1 SAG mill. The mill was taken offline for inspection by engineers.

Newcrest divests remaining interest in Evolution

01 October 2015

Newcrest has fully divested its holding in Evolution Mining Limited (“Evolution”) as of close of business 30 September 2015.

Update on Telfer Future Options Review

30 September 2015

Following an assessment of alternative operating strategies, Newcrest has entered into discussions with a shortlisted number of contractors about the potential for them to perform contract mining and mobile maintenance of the open pit at Telfer.

2015 Notice of Annual General Meeting

28 September 2015

2015 Corporate Governance Statement

28 September 2015

Mining recommences at Ridgeway

21 September 2015

Mining has recommenced at the Ridgeway mine at Cadia over the weekend, following the suspension of mining after the fatality on Sunday 6 September 2015.

Operations resume at Cadia

11 September 2015

Operations are recommencing at Cadia following the suspension of production after the fatality on Sunday 6.

Permit granted to increase Cadia process plant capacity

11 September 2015

The New South Wales Department of Planning and Environment has granted Newcrest's application to modify the Cadia East Project Approval to increase the permit for the upper limit of processing plant capacity from 27 million tonnes per annum (Mtpa) to 32 Mtpa.

Fatality at Newcrest Cadia Operation

08 September 2015

Newcrest confirms a mine technician was fatally injured at the Cadia Ridgeway gold mine on 6 September 2015.

Newcrest Board Renewal

30 July 2015

Newcrest today announced four changes to the composition of its Board of Directors

Fatality at Hidden Valley

20 July 2015

Newcrest is deeply saddened to confirm that a Hidden Valley Joint Venture employee was fatally injured in an incident on a road at the Hidden Valley mine site in Papua New Guinea, on Saturday afternoon, 18 July.

Lihir operations temporarily disrupted

09 June 2015

A temporary disruption to operations at Lihir was experienced over the weekend due to illegal actions initiated by a small subset of community and local commercial interests.

Senior leadership team changes at Newcrest Mining Limited

03 June 2015

Newcrest Managing Director and CEO, Sandeep Biswas, today announced changes to Newcrest’s senior leadership team.

Fatality at Telfer

15 May 2015

Newcrest is deeply saddened to confirm that a contractor working in its underground mine at Telfer was fatally injured in an incident this morning.

Executive Appointment at Newcrest Mining Limited

27 April 2015

Newcrest today announced the appointment of Michael Nossal as Chief Development Officer, effective 6 July 2015.

Release details of Newcrest Mining March Quarterly Report

21 April 2015

Newcrest Mining will be releasing its March Quarterly Report on Thursday 23 April 2015 at 9:00am Australian Eastern Standard Time.

Newcrest releases Sustainability Report 2014

09 April 2015

Newcrest Mining Limited has released its Sustainability Report for the fiscal year 2014.

Newcrest applies to increase production capacity at Cadia

08 April 2015

Newcrest announces it has applied to increase processing plant capacity at Cadia.

Newcrest reduces ownership of Evolution Mining Limited

27 February 2015

Newcrest announces it has reduced its holding in Evolution Mining Limited.

2014 Market releases

Golpu study to proceed to feasibility

11 December 2014

Newcrest announces stage one of an updated 2012 Golpu pre-feasibility study to proceed to feasibility study.

Cadia East Mine reaches major milestone

23 October 2014

Newcrest is pleased to announce that the Cadia East mine has reached a major milestone with the safe propagation of Panel Cave 1 through to the surface, significantly ahead of expectations.

Newcrest to cease being a reporting issuer in Canada

24 September 2014

Newcrest Mining Limited voluntarily delisted from the Toronto Stock Exchange effective 4 September 2013.

Expected asset impairment

24 July 2014

The Company is conducting its carrying value review of all assets as at 30 June 2014 in accordance with its usual policy and processes

Slater & Gordon commences class action against Newcrest

23 July 2014

Newcrest refers to its 23 December 2013 announcement which noted correspondence from Slater & Gordon Lawyers that it had been instructed to commence a representative proceeding against Newcrest.

Newcrest announces new Executive Committee

10 July 2014

Newcrest Managing Director & Chief Executive Officer, Sandeep Biswas, today announced the composition of the Company’s new executive leadership team.

Federal court determines penalties

02 July 2014

Following Newcrest’s announcement on 18 June 2014 regarding the fact that ASIC, with the agreement of Newcrest, had applied...

Newcrest reaches settlement with ASIC

18 June 2014

Newcrest has reached a settlement with the Australian Securities and Investments Commission (ASIC) following the conclusion of ASIC’s investigation into Newcrest’s conduct leading up to its ASX announcement of 7 June 2013.

Newcrest provides 2015 outlook and confirms 2014 guidance

12 June 2014

The Newcrest Board today considered the proposed 2015 financial year budget.

Australia’s largest underground mine opened by NSW Premier

21 May 2014

The Premier of NSW, The Hon. Mike Baird MP, today officially opened the Cadia East Gold Mine, located at Newcrest’s Cadia Valley Operations.

Managing Director and Chief Executive Officer transition timing

23 April 2014

Newcrest today announced the appointment of Sandeep Biswas as Managing Director and Chief Executive Officer, which will take effect on 4 July 2014.

Newcrest releases Telfer and Lihir Technical Reports

01 April 2014

Newcrest today released Technical Reports on the Telfer property in Western Australia, and the Lihir Property in Papua New Guinea.

Newcrest extends maturity of its bilateral bank facilities

28 March 2014

Newcrest announced today that it has completed arrangements to extend the tenor of its existing bilateral bank loan facilities.

Senior Management changes

19 February 2014

Newcrest today announced changes to its senior leadership team

Newcrest states no present intention to raise equity

13 February 2014

Newcrest has become aware overnight of speculation of a specific nature that the Company intends to announce an equity raising.

New senior appointment at Newcrest Mining Limited

29 January 2014

Newcrest Mining announced today that it has appointed Francesca Lee as General Counsel & Company Secretary, effective 31 March 2014.

Newcrest production update

15 January 2014

Newcrest today announced production for the December 2013 quarter of 621,125 ounces of gold and 22,603 tonnes of copper.

Newcrest increases its bilateral bank loan facilities

14 January 2014

The Company has signed documentation with a new bank to provide a bilateral loan facility for an additional US$200m