BARRY FITZGERALD

Same ounces but Newcrest turns clock back with $500 cost gold in sight

Newcrest happy to sit out gold mergermania in favour of US$3B spend for quality ounces, writes Fitzy

Barry FitzGerald
 Newcrest's Red Chris mine in Canada

Newcrest's Red Chris mine in Canada

But the expenditure does allow Newcrest to remain a circa two million ounce-a-year producer for the next 10 years. That's because additional ounces from the new Havieron and Red Chris mine developments,...

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