https://www.miningweekly.com

Newcrest mulls contract mining at Telfer

Newcrest mulls contract mining at Telfer

Photo by Bloombeg

30th September 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Gold miner Newcrest Mining will retain ownership of its Telfer openpit mine, in Western Australia, but is hoping to move to contract mining at the operation.

In February, the miner flagged the possible sale of the mine, after reviews found that a lower cost-base would be required to support future cutback investments at the mine.

After completing a future options review at Telfer, Newcrest made the decision to retain the asset but to improve performance and lower operating costs, as an optimised mine plan and lower Australian dollar all positively contributed to the mine’s viability.

Newcrest reported on Wednesday that the company had now entered into discussions with a number of shortlisted contractors regarding the potential for contract mining and mobile maintenance at the Telfer operation.

The miner said any decision to proceed with contract mining at Telfer would be subject to a comprehensive review of the safety performance of the prospective contractors, as well as final negotiations.

It would make a final decision on this before the end of the calendar year.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.173 0.254s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: