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Newcrest's mining operations are located around Australia, Canada and Papua New Guinea. The Telfer Mine is a large open-cut and underground mine in the Pilbara region of Western Australia . The mine has the potential to become the largest gold mine in Australia, with expected average production of 800,000 ounces (23,000 kg) of gold per year.
The mine has changed ownership throughout its life due to corporate acquisitions. The original owner, Pretium Resources, was acquired by Newcrest Mining on March 9, 2022. [7] In 2023, an American mining company, Newmont, acquired Newcrest, and gained the Brucejack mine. [8]
In January 2008, Newcrest Mining lowered the mine's annual gold output targets. Newcrest said, "At Telfer, mechanical availability of the open pit mining fleet and the processing of harder ores are impacting the expected production profile for the full year. Telfer site cash costs are expected to [rise] over guidance by 8-9 per cent."
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If you want to know who really controls Newcrest Mining Limited ( ASX:NCM ), then you'll have to look at the makeup of...
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Website www.newcrest.com Cadia Mine is a series of large underground and open-cut gold and copper mines located in the Cadia Valley, about 20 kilometres south of the regional city of Orange, New South Wales , Australia .
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