Newcrest firms up expansion plans
PERTH (miningweekly.com) – Gold miner Newcrest Mining will progress the permit modification process at its Cadia project, in New South Wales, to increase capacity from the current 26-million tonnes a year to 35-million tonnes a year, in an effort to save time.
The company earlier this month announced the completion of a prefeasibility study on the proposed expansion of the Cadia processing plant, the results of which remained under wraps until then as the company was completing remediation and upgrade work at Cadia following a seismic event in April.
Newcrest on Thursday said that during this period, the company had looked for opportunities to parallel track expansion activities to minimise the impact on the overall project schedule, taking the decision to progress the permit modification process in conjunction with feasibility study, once commenced.
This will enable the start of construction in 2018, should the expansion project be approved.
The miner told shareholders that the scope of the feasibility study is currently being refined, and will incorporate learnings from the seismic event, while also examining opportunities to increase the processing rate beyond 35-million tonnes a year.
Meanwhile, the permit modification is expected to encompass an increase in the ore processing rate up from the current permitted 32-million tonnes a year to 35-million tonnes a year, construction and operating of a new concentrator and tailings pipeline, the potential construction and operation of the approved copper/molybdenum separation plant in a different location to that already approved, and an upgrade to the Cadia dewatering facility.
The permit modification will also include increased process reagent use and associated transport requirements.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOM
Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
