EXPLORATION & DEVELOPMENT

Newcrest approves US$150M Telfer cutback

Newcrest Mining has approved the A$214 million (US$150 million) West Dome Stage 8 cutback at the Telfer operation in Western Australia’s Paterson Province.

Newcrest's Telfer operation

Newcrest's Telfer operation

The investment includes mine operating costs and $73 million of capitalised production stripping. The cutback extends the life of Telfer into early FY25, giving Newcrest more time to evaluate the nearby...

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