Havieron PFS Stage 1 estimated IRR of 16% with a 4 year payback period1,2,3,4Estimated average gold production of 160kozpa @ AISC of US$743/oz over initial 9 year mine life from a ~2Mtpa operation1,2
Confirms Red Chris potential to become a world class, long life mineEstimated 17% IRR and C$2.3 billion NPV over an initial 31 year mine life1,2,3Projected average 316kozpa gold and 80ktpa copper production
Lihir Phase 14A PFS indicates potential for growth and large scale, long life, low cost productionConfirms Lihir's pathway to become a 1Moz+ gold producer for at least 10 years from FY241$179m investment
Consistent strategic focus on maximising cashflow from long life, low cost, high margin assets All four organic growth options have PFS's estimated to deliver an IRR of 16% or higher1Projected 50% reduction
Newcrest Mining Limited announces that Mr Peter Hay intends to retire as a Non-Executive Director and as Non-Executive Chairman of Newcrest, with effect from the close of Newcrest's Annual General Meeting on 10 November 2021. Newcrest also announces that Mr Peter Tomsett has been appointed as Non-Executive Chairman with effect from the close of Newcrest's AGM, subject to his re-election as a Non-Executive Director .