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Source: https://www.mining.com/web/newcrest-approves-second-stage-expansion-of-cadia-gold-mine/
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Newcrest Mining Ltd’s board has approved the second-stage expansion of its flagship Cadia gold mine and Lihir mine’s front-end recovery project, Australia’s top gold producer said on Friday.
The projects, estimated to cost about $236 million, will boost gold production and recoveries at the two mines that reported lower output in the fourth quarter.
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Newcrest Mining Ltd’s board has approved the second-stage expansion of its flagship Cadia gold mine and Lihir mine’s front-end recovery project, Australia’s top gold producer said on Friday.
The projects, estimated to cost about $236 million, will boost gold production and recoveries at the two mines that reported lower output in the fourth quarter.
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