Cadia helps Newcrest cut costs

AN INCREASED Cadia contribution helped Newcrest Mining lower its all-in sustaining costs for the September quarter, compared to the prior quarter, by 2% to $778 per ounce. That is a 13% improvement on the previous corresponding period.

Cadia helps Newcrest cut costs Cadia helps Newcrest cut costs Cadia helps Newcrest cut costs Cadia helps Newcrest cut costs Cadia helps Newcrest cut costs

Improved production at Cadia has helped Newcrest reduce its AISC.

Overall, Newcrest's gold production for the quarter was lower than the prior quarter due to lower production at Lihir, Telfer and Gosowong.

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Pandemic no impediment. Read more.
  • Latest COVID-19 Coverage: Like sand through the hourglass. Read more