Telfer8 Nov 2022 01:09
Newcrest Mining Limited (Newcrest) (ASX, TSX, PNGX: NCM) is pleased to announce that it is proceeding with
the West Dome Stage 8 cutback at its Telfer operation, with the Newcrest Board approving a total investment
of A$214 million (~US$150 million) inclusive of mine operating costs and A$73 million (~US$51 million) of
capitalised production stripping. The cutback underpins continuity of operations at Telfer, with the mine now
expected to extend operations into early FY251.