Newcrest pumps up Telfer

WITH Western Australia’s proposed gold royalty increase dead and buried, Newcrest Mining has announced it will proceed with a substantial investment in its Telfer gold mine in WA’s east Pilbara.

Newcrest pumps up Telfer Newcrest pumps up Telfer Newcrest pumps up Telfer Newcrest pumps up Telfer Newcrest pumps up Telfer

Newcrest Mining is investing $93 million to expand its surface mine at Telfer.

It is putting up $93 million to extend the mine’s West Dome open pit, which Newcrest believes will eventually improve Telfer’s narrow margins.

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