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Newcrest to spend A$25m on Cadia East rehabilitation and upgrades

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
Gold miner Newcrest Mining on Friday revealed that its Cadia East operation, in New South Wales, would require a capital investment of some A$25-million to rehabilitate and upgrade the mine following a seismic event in April. The New South Wales regulator placed Cadia East under a prohibition notice on April 14, prohibiting Newcrest from extracting ore in its Panel Cave 1 and Panel Cave 2.
 
 
 
 
 

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