No Major Damage Detected to Newcrest's Cadia Mine After Seismic Event
18 Aprile 2017 - 02:34AM
Dow Jones News
By Ben Collins
WELLINGTON, New Zealand--Newcrest Mining (NCM.AU) said initial
inspections show a seismic event at its Cadia gold mine in New
South Wales caused no major damage.
The "large seismic event" occurred Friday and temporarily
suspended mining operations but didn't cause any injuries.
Newcrest Mining said in a statement that a preliminary
inspection didn't detect any major damage to the mine or associated
infrastructure, but that it wasn't fully complete and further
verification was needed.
"Newcrest has been working with the New South Wales Mining
Inspectorate who has approved access to the mine for the purpose of
re-establishing critical services, conducting inspections and
undertaking engineering assessments of existing ground support and
other key infrastructure," the company said.
Minimal damage was detected within the mine's panel cave No. 2,
and while the assessment of panel cave No. 1 hadn't been completed
it appeared to have sustained some damage to access ways, the
company said.
"A cautious approach" was being taken to assessing the panel
cave no.1 extraction level, using a remote-controlled camera prior
to personnel entering the area, Newcrest said.
Shares in Newcrest Mining last traded at A$25.00 a share.
Write to Ben Collins at ben.collins@wsj.com
(END) Dow Jones Newswires
April 17, 2017 20:19 ET (00:19 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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