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Melbourne, Australia-- (Newsfile Corp. - December 13, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) has received approval from the New South Wales Department of Planning, Industry & Environment (DPIE) for a modification to increase the permitted processing capacity of Cadia from 32Mtpa to 35Mtpa.Where is Newcrest Mining in Papua New Guinea?
Newcrest's second Papua New Guinea mine is the gold mine located on Lihir Island in the New Ireland Province of Papua New Guinea. It was acquired by taking over Lihir Gold Ltd. in 2010 (see above).How much did Newcrest spend on Tahltan mining contracts in FY20?
In FY20, we expended approximately C$43 million on contracts with Tahltan entities. Newcrest owns and operates a portfolio of predominantly low cost, long life mines and a strong pipeline of brownfields and greenfields exploration projects.Why invest in Newcrest?
Newcrest owns and operates a portfolio of predominantly low cost, long life mines and a strong pipeline of brownfields and greenfields exploration projects. Our mission is to safely deliver superior returns to our stakeholders from finding, developing and operating gold/copper mines.