Newcrest Mining Limited is an Australian-based corporation which engages in the exploration, development, mining and sale of gold and gold-copper concentrate.
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10 Facts About Newcrest
2.
Newcrest operates two mines in Papua New Guinea, Lihir and Hidden Valley, and one each in Ivory Coast and Indonesia .
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3.
Newcrest's primary focus was within Australia until 1991, when it commenced exploration overseas.
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4.
Newcrest was determined to become a significant and internationally recognised gold mining and exploration company.
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5.
Newcrest established exploration offices and new companies offshore in Jakarta, Indonesia, and Chile, South America.
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Mining Papua New Guinea Ivory Coast Indonesia Australia South America Jakarta Chile Melbourne Sydney Japan6.
In December 2010, Newcrest announced that work at this mine had been suspended due to the controversial election in Cote d'Ivoire.
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8.
The majority of Newcrest's copper-gold concentrate is sold under long-term contract to smelters in Japan.
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9.
However, Newcrest operates in the sale of concentrate to merchants who deliver the material to various regional smelters under their own contracts.
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10.
Newcrest acquired Pretium Resources and the Brucejack operation on 9 March 2022.
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