Asset report

Telfer gold mine

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Report summary

Telfer was the flagship asset of Newcrest at the company's formation in 1990. The original gold mining operations were suspended in September 2000 due to high costs, having produced 6 Moz of gold. A subsequent drilling program in the area showed that the grade of the deposit had previously been under-estimated and approval was given for an expansion program. Commissioning of an expanded open-pit copper and gold operation started in November 2004, with start-up officially announced on...

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    Telfer gold mine

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    Telfer gold mine

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