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Newcrest green-lights first stage of Cadia expansion

US$865M project to comprise new cave and plant expansion

Kristie Batten
Stockpiles at Newcrest Mining's Cadia operations in New South Wales, Australia

Stockpiles at Newcrest Mining's Cadia operations in New South Wales, Australia

The two-stage project has an estimated total capital cost of US$865 million, a forecast real net present value of $1.17 billion, an internal rate of return of 21.5% and a payback period of 7.6 years. ...

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