Weda Bay Data
Grande Cote stares down grand challenge 2016-01-07Oppressive mineral sands market brings out best in Senegalese mine
Weda Bay Information
General 2015-05-10The Weda Bay Nickel (WBN) project is an industrial and mining project under development, aiming to recover one of the largest nickel deposits in the world, located on the island of Halmahera in Indonesia.
Nearby Location News
Gold miner Newcrestâs profit slumps 24% 2016-08-15Gold major Newcrest Mining’s profit declined by nearly one quarter in the 2016 financial year, owing to lower realised gold and copper prices, the suspension of operations at its Gosowong mine, in Indonesia, and lower copper sales volumes. Australia’s largest gold producer on Monday posted underlying profit of $323-million in the 12-months ended June 30, compared with $424-million in 2015. Revenue decreased by 9% from $3.60-billion to $3.30-billion in 2016.
Newcrest meets FY16 production guidance, cuts debt to $2.1bn 2016-07-25Australia’s largest gold producer Newcrest has met its production target for a third year, producing 2.4-million ounces of gold in the 12 months to June 30. The group increased its production by 0.7% year-on-year in 2016, but its fourth quarter production slid by 6% quarter-on-quarter to 598 037 oz, owing to production disruptions at the Gosowong mine, in Indonesia, and lower grades at Cadia, in New South Wales.
Production resumes at Newcrestâs Kencana mine 2016-06-14Australian gold miner Newcrest has resumed production at the Kencana mine, at its Gosowong operations, in Indonesia. Mining at Gosowong’s Toguraci and Kencana mines was suspended in early February, after a geotechnical event trapped a miner for eight days.
ASX: Mine production resumed at Kencana 2016-06-13
Toguraci production resumes at Gosowong 2016-04-12
Newcrest Mining’swww.newcrest.com.au 75%-owned Indonesian company PT Nusa Halmahera Minerals has resumed mining at the Toguraci mine, which is part of the Gosowong operations on Halmahera Island in North Maluku Province of Indonesia.