Call for urgent intervention in energy market
Mining giant Newcrest says failed government energy policies have created the need for market intervention.
Mining giant Newcrest says failed government energy policies have created the need for market intervention.
A fractious relationship with SolGold is simmering after Newcrest hit out a royalty funding deal struck by the junior explorer, where it owns a 13.5 per cent stake
Newcrest Mining has pushed back the completion of feasibility studies at its Havieron gold project in WA, one of its most advanced development prospects.
Japanese commodities giant Mitsui could emerge as a rival for BHP and Newcrest in the development of SolGold’s South American copper project.
The gold producer’s shares rose on a relief rally as the company tipped far stronger production for the current financial year.
ASX on its best winning streak in 15 months with a fifth week of gains. TPG plunges, AGL profit hit, Woodside leads coal rally and gas security mechanism to last till 2030.
Newcrest Mining and Greatland Gold’s Havieron gold play in WA is shaping up as one of the country’s best new gold projects in years.
Solgold continues to add ounces and tonnes to its Cascabel project in Ecuador.
Newcrest Mining has lifted its full-year guidance after buying Canadian miner Pretium Resources, but analysts say the company’s March quarter performance was weak.
Newcrest Mining will pay a $US7.5c a share interim dividend after declaring a $US298m net profit for the first half of the financial year, substantially down on the previous year.
Newcrest Mining shares took a hit on Friday as it missed analysts’ expectations about its gold production but the company says it will pick up the pace.
Local shares rose 2.2% to close out a volatile week, bond yields cooled slightly and the Aussie dollar hit a seven-week low.
ASX roars to its best day in two weeks on health and energy sectors. Pilbara Minerals dives 9 per cent on guidance and Magellan rallies from Monday’s record loss.
Woodside Petroleum has lost its CFO Sherry Duhe to Newcrest Mining.
The miner’s annual meetings have long attracted the kookier members of the investment community, but being called ‘lapdogs of big pharma’ is a new one.
The gold miner has doubled down on its big bet that Canada holds the best prospects for future growth.
The ASX200 finished down 0.2% at a 3-day low close of 7434.2 as banks tumbled after NAB’s result. Chalice surged 29% on its nickel find. Newcrest slightly down after a Canadian purchase.
After a six-year stint leading Australia’s largest listed gold miner, CEO Sandeep Biswas has Newcrest where he wants it.
The gold miner is spending up big over the next decade to take its internal growth plans to reality.
Newcrest Mining is finally within sight of turning its Lihir gold mine in Papua New Guinea into a million ounce a year producer.
Original URL: https://www.theaustralian.com.au/topics/newcrest/page/4