careers@newcrest.com.au, © Newcrest’s mission is to deliver superior returns from finding, developing and operating gold/copper mines. 8 Group gold production, gold sales and AISC includes Newcrest’s 32% attributable share of Fruta del Norte (commercial production commenced in the March 2020 quarter) through its 32% equity interest in Lundin Gold Inc. As announced in March 2021, Newcrest released its initial Mineral Resource estimate(27),(30),(31) for Red Chris which comprised: A Measured and Indicated Mineral Resource estimate of 980Mt @ 0.41g/t gold and 0.38% copper for 13Moz contained gold and 3.7Mt contained copper, An Inferred Mineral Resource estimate of 190Mt @ 0.31g/t gold and 0.30% copper for 1.9Moz contained gold and 0.57Mt contained copper. Investors should note that it is a requirement of the ASX listing rules that the reporting of Ore Reserves and Mineral Resources in Australia is in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and that Newcrest’s Ore Reserve and Mineral Resource estimates are reported in accordance with the JORC Code. 28 From commencement of the box cut and exploration decline. ‘Free cash flow before M&A activity’ was $455 million (or 68%) higher than the prior period, with higher operating cash flows only partially offset by an increased investment in major capital projects at Cadia, Lihir, Red Chris and Havieron, higher sustaining capital at all continuing operations and increased production stripping activity at Lihir and Red Chris. Found inside – Page 3-21Ridgeway underground gold - copper mine ( Newcrest Mining Ltd. , 100 % ) Do. do . Rosebery underground zinc - lead - silver - copper - gold mine [ Minerals ... It is also involved in the exploration of silver deposits. For further details refer to the Company’s “ASX Appendix 4E and Financial Report” released on 19 August 2021, and Section 6.7 of the Operating and Financial Review in particular. The gold production, gold sales and AISC outcomes for Fruta del Norte are sourced from Lundin Gold’s news releases and have been aggregated to reflect the twelve month period ended 30 June 2021. This conference proceedings presents the research papers in the field of mine planning and mining equipment including themes such as mine automation, rock mechanics, drilling, blasting, tunnelling and excavation engineering. Weâre implementing our technical capabilities via a two stage transformation approach.Â, Extensional resource and exploration drilling program, Join us in the Red Chris Virtual Open House, Level 8, 600 St. Kilda Road Lihir and Telfer also delivered a 50% and 14% reduction respectively in injury rates compared to the prior period. Newcrest Mining Limited also has exploratory mining operations for gold and gold-copper deposits in Australia, Indonesia, Papua New Guinea, Fiji, New Zealand, Nicaragua, Ecuador, Canada and the Ivory Coast. Readers are cautioned not to place undue reliance on forward looking statements, particularly in the current economic climate with the significant volatility, uncertainty and disruption caused by the COVID-19 pandemic. Found insideThis collection of essays represents an effort to overcome this barrier, but is also intended as a major contribution to the growth of academic and political debate about the social impact of the large-scale mining industry in Melanesia and ... The Newcrest Board has determined that a final fully franked dividend of US 40 cents per share is to be paid on 30 September 2021. Found inside – Page 1046Newcrest Mining Ltd treats a copper - gold ore by flotation at its Browns Creek plant as well as cyaniding a free milling gold ore . Execution of the works for both stages of the Project remain on track(13). Results from Newcrest’s infill drilling program at Havieron continue to support the geological and grade continuity for Newcrest’s ongoing studies and continue to confirm Newcrest’s previously reported drilling results. Found inside – Page 223Big gold miners Newcrest Mining , Northern Star and Evolution Mining are also in ... Also included are copper / gold producer Oz Minerals , nickel / copper ... Exploration activities are also focused on an extensive growth drilling program across several key targets. Found inside – Page 3-20... copper mine ( includes Cadia East , Cadia Hill , and Ridgeway ) ( Newcrest Mining Ltd. , 100 % ) Doolgunna open pit / underground gold - copper mine ... As previously announced, Newcrest has set a goal of net zero carbon emissions by 2050 which relates to its operational (Scope 1 and Scope 2) emissions. The company’s objective is to utilize the Telfer plant without interruption, with nearby Havieron and other new potential feed sources in the future, he added. All rights reserved. The investment is aimed at ensuring the long term potential of the mine. Along with this, the company has a focus on mining and processing technology in order to innovate and develop metallurgical processes. Newcrest continues to strengthen its COVID-19 controls at Lihir, focusing on containment through extensive contact tracing and isolation procedures. Imperial retains a 30% joint venture interest, and Newcrest holds a 70% interest. There remains a risk of COVID-19 impacting production at Lihir and this continues to be closely managed. The commencement of the exploration decline underpins Newcrest’s objective of having a block cave in operation at Red Chris within the next five to six years(28). The realised price has been calculated using sales ounces generated by Newcrest’s operations only (i.e. Newcrest expects to release its Havieron Pre-Feasibility Study in the second half of CY21. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93684. Newcrest actually once held the project, drilling six holes in the 1990s, with all hitting gold and copper anomalism with peak grades of 15.4 grams per tonne gold and 2.5% copper. However, the AISC expenditure guidance for FY22 includes an estimate for additional costs associated with managing the business in a COVID-19 context (including on matters such as flights, transport, rosters, leave, screening and testing, and disbursements from the Community Support Fund) in the order of $35-45 million. Should any material impacts arise, Newcrest will inform the market in line with its continuous disclosure obligations. 30 The Measured and Indicated Mineral Resource estimate is presented on a 100% basis. Having regard to the above-mentioned considerations, the Newcrest Board has determined that a final fully franked dividend of US 40 cents per share will be paid on Thursday, 30 September 2021. Found inside – Page 18EI Teniente Copper Chile (Arévalo et al., 2002) 4. ... Newcrest Mining Ltd. Gold Australia (HILSON, 2001) Cobalt, selenium, 21. Sibplaz rhodium, palladium ... Newcrest finds itself uncomfortably poised at the polar extremes of the mining industry's relentless waste management dilemma. In June 2021, Newcrest announced a number of new high grade extensions to the South East Crescent zone, located outside of the initial Inferred Mineral Resource estimate. Given our record free cash flow generation for FY21, strong balance sheet and positive outlook the Board has approved a final dividend of US 40 cents per share, which is 129% higher than last year’s final dividend. Newcrest Mining Declared Huge Investment in Telfer Gold-Copper Mine. In August 2019, Newcrest acquired 70% of the Red Chris operation in a joint venture with Imperial Metals. Newcrest expects to achieve first production from the Molybdenum Plant by the end of September 2021(13). Found inside – Page 470.1 Do. 0.2 Do. 2 Copper 25 Do. 30 Do. 70 Do. 105 Do. 6 Do. 185 Do. 1 Do. Do. Do. ... Ltd. , 100 % Newcrest Mining Ltd. , 100 % Glencore Australia Pty . 25 The information in this document that relates to Havieron Mineral Resources has been extracted from the release titled “Initial Inferred Mineral Resource estimate for Havieron of 3.4Moz of gold and 160kt of copper” dated 10 December 2020 which is available to view at www.asx.com.au under the code “NCM” (the original Havieron release) and on Newcrest’s SEDAR profile and has been prepared in accordance with the requirements of Appendix 5A of the ASX Listing Rules by Competent Persons. Found inside – Page 112While major facilities such as the Ok Tedi copper mine in PNG and Societé Le ... The Harmony Gold-Newcrest Mining joint venture will produce gold for at ... SEATTLE (Scrap Monster): Australian Newcrest Mining announced huge investment towards expansion of its Telfer gold-copper mine in Western Australia. Newcrest’s decision in the prior period to cease its program of hedging the impacts of copper and gold price movements during the quotational period resulted in a net fair value gain in other income in the current period of $124 million, driven by the increase in gold and copper prices in the current period. The production guidance numbers for FY22 assume no COVID-19 related interruptions. Looking to the future we see an influx of Australian miners to Canada. SEATTLE (Scrap Monster): Australian Newcrest Mining announced huge investment towards expansion of its Telfer gold-copper mine in Western Australia. 2 Technical and scientific information: The technical and scientific information contained in this document relating to Wafi-Golpu and Lihir was reviewed and approved by Craig Jones, Newcrest’s Chief Operating Officer PNG, FAusIMM and a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101). Melbourne, Australia--(Newsfile Corp. - August 18, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) PNGX: NCM) is pleased to announce that the Newcrest Board has approved the Cadia PC1-2 Pre-Feasibility Study (the Study), enabling the commencement of the Feasibility Stage (the Feasibility Study) and Early Works Program. In March 2019, and following an intensive due diligence process, Newcrest entered into an agreement with Imperial Metals to acquire 70% of the Red Chris Mine. 20 The Pre-Feasibility Study has been prepared with the objective that its findings are subject to an accuracy range of ±25%. In addition, Group gold sales and the Group AISC outcome for FY21 have been restated to include Newcrest’s 32% share of Fruta del Norte’s June 2021 quarterly results which Lundin Gold Inc released on 11 August 2021. These refinancing and bond buyback transactions underpin Newcrest’s objective of having a strong balance sheet, considerable liquidity and financial flexibility at low cost. In other news that may affect the Newcrest share price, the company announced an “attractive return” from pre-feasibility studies at its future Cadia gold and copper mine … 24 The estimate of ~20Mt of Indicated Mineral Resource has been prepared in accordance with the requirements in Appendix 5A of the ASX Listing Rules by a Competent Person. The currencies in which dividend payments will be made are included in the table below: Payments made in Australian dollars, Papua New Guinea kina and New Zealand dollars will be converted from US dollars at the prevailing exchange rate on 27 August 2021, being the Record Date. Outlook statements relate to years subsequent to the current financial year. The company has already entered into a contract for the work. of the daily volume weighted average sale price for Newcrest shares sold on the ASX during the VWAP period (31 August – 6 September 2021) rounded down to the nearest full cent. Please register prior to this broadcast on the Newcrest website. Refer to the Company’s “ASX Appendix 4E and Financial Report” released on 19 August 2021, and the Operating and Financial Review in particular, for more detail on the Company’s financial results. Together with the benefit of higher gold and copper prices, this translated into a record statutory and underlying profit of $1.2 billion and a record free cash flow of $1.1 billion.”, “At Newcrest our Purpose of Creating a brighter future through safe and responsible mining is core to how we run our business. The Newcrest Board has approved A$246 million (~US$182 million(19)) of funding for the cutback, of which approximately one third will be in the form of capitalised production stripping, and Newcrest has entered into a contract for the works to be undertaken. On 2 March 2021, Newcrest renewed its unsecured bilateral bank lending facilities with its existing 13 bank lenders, extending the maturity dates. Guidance statements relate to the current financial year. The Phase 14A PFS work to date has identified approximately 20Mt at 2.4g/t Au (including 13Mt at 3g/t Au) of Indicated Mineral Resource(24) that could be accessed. The estimates are indicative only and are subject to market and operating conditions. Forward looking statements in this document speak only at the date of issue. In FY21, Newcrest incurred ~$70 million in COVID-19 management costs, of which $53 million related to Lihir. Newcrest’s Safety Transformation Plan continues to yield benefits, with nearly six years free of fatalities and life changing injuries, and a 12% reduction in injury rates (TRIFR) compared to the prior period. Newcrest may acquire an additional 5% interest at the end of the farm-in period at fair market value. In July 2021, Newcrest reported its highest grade intercept to date from this zone, supporting the potential for resource growth over time. Its Concentrator … Newcrest’s net cash as at 30 June 2021 was $176 million. 29 The development of any underground mine at the Havieron Project will also be subject to the completion of a successful exploration program and further studies, market and operating conditions, Board approvals, and a positive decision to mine. largest gold mining operations. We are now nearly six years free of fatalities and life-changing injuries and have reported a 12% improvement in injury rates compared to the prior year. We will lead the way in safe, responsible, efficient and profitable mining. Newcrest has developed GHG Management Plans for each of its managed operating sites to understand, define and action abatement opportunities and has linked senior executive incentive payments directly to the achievement of these objectives. The Dividend Reinvestment Plan (DRP) will apply to the final dividend. The asset, which has a mineral resource of 20 million ounces of gold and 13 billion pounds of copper, gives Newcrest a producing mine in North America with … See why. Newcrest confirms that it is not aware of any new information or data that materially affects the information included in the original Havieron release and that all material assumptions and technical parameters underpinning the estimates in the original Havieron release continue to apply and have not materially changed. 'Golden Triangle' of British Columbia In August 2019, Newcrest acquired 70% of the Red Chris operation in a joint venture with Imperial Metals. In March 2019, and following an intensive due diligence process, Newcrest entered into an agreement with Imperial Metals to acquire 70% of the Red Chris Mine. The acquisition completed on 15 August 2019. Refer to the Company’s “ASX Appendix 4E and Financial Report” released on 19 August 2021, and the Operating and Financial Review in particular, for an operational overview for the year. The Company continues to distinguish between outlook and guidance. The final dividend is 129% higher than the final dividend for FY20 and marks the sixth consecutive year of increasing dividend payments to shareholders. Newcrest confirms that the form and context in which the competent persons’ findings are presented have not been materially modified from the original Red Chris release. According to the company’s statement, Measured and Indicated Mineral Resources amounted to 980Mt @ 0.41 g/t gold and 0.38% copper for 13Moz contained gold and 3.7Mt contained copper; Inferred Mineral Resources amounted to 190Mt @ 0.31 g/t gold and 0.30% copper for 1.9Moz contained gold and 0.57Mt contained copper. Found inside – Page 2Significant donation by Newcrest Mining Limited Newcrest Mining Limited recently ... including presentations on silver, copper (oxides and sulphides), ... investor.relations@newcrest.com.au The cutback is located between West Dome Stage 2 and West Dome Stage 4, both of which will continue to be mined in conjunction with Stage 5. Newcrest reported record copper production of 142.7kt in FY21, which represents 22% of its total net revenue for the year. Sandeep Biswas, managing director and chief executive officer at Newcrest Mining Ltd., discusses his earnings forecast, deploying the company’s … The Company does not give any assurance that the assumptions will prove to be correct. Subject to market and operating conditions, Board and regulatory approvals and any potential delays due to COVID-19 impacts. The acquisition completed on 15 August 2019. Newcrest established a A$20 million Community Support Fund in April 2020 to support host communities and jurisdictions in their response to the COVID-19 pandemic. Newcrest Mining released its CY2020 Reserve & Resource statement in mid-February and reported global gold reserves of ~49 million ounces at an average grade of 0.78 grams per tonne gold. All shareholders who will not be paid US dollars, PNG kina or NZ dollars in accordance with the circumstances set out below. Found inside – Page 3256Mining. Company. Limited. (2009). Directors' report [extract] Disposals ... gold and copper assets in Morobe Province, Papua New Guinea, to Newcrest Mining ... The Cadia Hill gold-copper porphyry deposit was discovered by Newcrest Mining … No additional permits, licences or regulatory approvals will be required for the cutback. Authorised by the Newcrest Board Executive Committee, Investor EnquiriesTom Dixon+61 3 9522 5570+61 450 541 389Tom.Dixon@newcrest.com.au, Ben Lovick+61 3 9522 5334+61 407 269 478Ben.Lovick@newcrest.com.au, North American Investor EnquiriesRyan Skaleskog+1 866 396 0242+61 403 435 222Ryan.Skaleskog@newcrest.com.au, Media EnquiriesTom Dixon+61 3 9522 5570+61 450 541 389Tom.Dixon@newcrest.com.au, This information is available on our website at www.newcrest.com.
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