A high voltage switchgear failure in the power station at Newcrest’s Lihir operation in Papua New Guinea has interrupted production with the processing plant currently operating at a reduced capacity. Repair work in the power station has commenced and a phased return to full operating capacity is planned over the next three weeks.
As a result of this incident and minor production delays at other sites, full year gold production is expected to be around 2.7Moz. Copper production and cost guidance are unaffected.
|Ian Smith||Greg Robinson|
|Managing Director||Director Finance|
|Chief Executive Officer||Chief Financial Officer|
For further information, please contact:
Investor Enquiries – North America/Europe
T: +1 212 351 5064
T: +61 3 9522 5593
This information is available on our website at www.newcrest.com.au.