Newcrest gets $209 million Cadia insurance payout

NEWCREST Mining has banked US$155 ($A209) million, the proceeds of its claim with its insurers in relation to the April14 seismic event that closed its Cadia copper-gold operation in New South Wales for several months.

Newcrest has received the insurance money for its claim over last year's seismic incident.

21 June 2018
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The seismic event on Good Friday 2017 caused Newcrest's Cadia East mine to be closed for several months.

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