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BRIEF-Newcrest Mining recommences production at part of Cadia mine

Published 13/09/2017, 11:08 am
BRIEF-Newcrest Mining recommences production at part of Cadia mine
NCM
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Sept 13 (Reuters) - Newcrest Mining Ltd NCM.AX

* Cadia east panel cave 1 production recommences

* Expected that Cadia east production rates will have been fully restored to normal by end of March 2018

* Newcrest completed 'test and response' phase of panel cave 2 (pc2) on 19 July 2017, with ramp-up in production from pc2 continuing

* Remediation and upgrade work required to recommence use of cadia east's panel cave 1 (pc1) crusher chamber has been completed

* Remediation and upgrade work continues on other areas in pc1 extraction level, which is expected to be completed by end of dec 2017

* Prohibition notice has been amended to allow operations to recommence as areas are upgraded in accordance with submitted plans

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