Newcrest: Standing proud
All images: Newcrest. BY ELIZABETH FABRI ON the back of one of its most eventful years to date, including an earthquake at its Cadia operation in April, Newcrest Mining remains in a comfortable position – on track to achieve its annual production guidance for the fourth consecutive year while advancing greenfields exploration overseas. The Newcrest executive team made some big decisions in 2016. The global gold miner signed an agreement to sell its 50 per cent stake in its PNG Hidden Valley facility at a $10m loss, let go of its Marsden copper gold project in NSW, put its Ridgeway underground mine at Cadia into care and maintenance, and welcomed a new investment to its portfolio --...