ENERGY MINERALS

Newcrest has high hopes in the Valley of the Kings

Newcrest Mining has overcome its near-term declining production profile problem by returning to British Columbia to acquire Pretium Resources, owner of the 310,000 ounce-plus high-grade Brucejack operation, writes Barry FitzGerald.

Barry Fitzgerald
Brucejack in British Columbia

Brucejack in British Columbia

The agreed US$2.65 billion (A$3.59 billion) acquisition ensures Newcrest's annual gold output stays comfortably ahead of 2 million ounces while longer-term growth from Cadia, Lihir, Telfer/Havieron and...

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