BARRY FITZGERALD

Newcrest thumped on tailings dam wall failure

Newcrest's market value slump since Cadia's tailings dam wall failure is over $1B, writes Barry Fitz

Barry FitzGerald
 A photo showing the slump in the embankment of the northern tailings dam at Cadia

A photo showing the slump in the embankment of the northern tailings dam at Cadia

That kind of happens to a company when a mine that accounts for 30% of its gold output, 85% of its copper output, and some 60% of group earnings, gets knocked out of action for an indefinite period, yet...

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