Telfer loses lustre

GOLD major Newcrest has flagged a write down of almost $200 million on its Telfer gold-copper mine after facing lower gold recoveries and higher than expected closure and operational costs.

Telfer loses lustre Telfer loses lustre Telfer loses lustre Telfer loses lustre Telfer loses lustre

A visitor at the Telfer gold mine in remote WA

Telfer is in Western Australia's East Pilbara, in the Great Sandy Desert.

The mine is made up of the Main Dome and West Dome open pits and the Telfer underground mine.