Tag: Cadia

A production lift at its flagship Cadia mine in NSW has enabled Newcrest Mining to meet production targets. Australia’s largest listed gold miner said gold production for the three months to June 30 rose to 634,950oz from 551,815oz a year ago. Cadia East produced 38.1mtpa and throughput of 34.3mtpa in the June quarter, contributing to 764,895oz of gold produced at the site in the financial year:  above Newcrest’s guidance range of 680,000-760,000oz for Cadia. Total gold production in the June quarter was 6% higher than the previous period partially due to Cadia’s performance. The miner had trimmed its annual output guidance earlier this year after production at Cadia was affected by damage to a tailings wall. Company managing director Sandeep...

SAG and ball mills at Cadia. Image: Newcrest.   BY CAMERON DRUMMOND   NEWCREST has lowered its gold production forecast to reflect the temporary suspension of operations at its Cadia gold project in NSW.   Cadia’s production guidance was downgraded to between 560,000oz and 600,000oz for FY18, down from between 680,000oz and 780,000oz. An embankment slump of Cadia’s Northern Tailings Facility had occurred in March, halting production at the mine. Mining was suspended, with processing recommencing at a restricted capacity from 29 March due to limitations of the capacity of the Southern Tailings Facility. In April, the gold miner announced it had received approval from the NSW Department of Planning and Environment to use the first 200m of the old Cadia...