https://newsletter.mw.creamermedia.com
Copper|Environment|Gold|Housing|Infrastructure|Mining|Projects|Services|Storage|System|Underground|Environmental|Infrastructure|Operations
Copper|Environment|Gold|Housing|Infrastructure|Mining|Projects|Services|Storage|System|Underground|Environmental|Infrastructure|Operations
copper|environment|gold|housing|infrastructure|mining|projects|services|storage|system|underground|environmental|infrastructure|operations

Newmont applies to extend Cadia to 2050

The Cadia mine

The Cadia mine

31st October 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Gold and copper miner Newmont has applied to the federal government for permission to continue mining operations at Cadia, Australia’s largest underground mine, until 2050. This will necessitate an expansion of the mine’s footprint area.

The company said on Thursday it had submitted a referral application under the Environment Protection and Biodiversity Conservation Act supporting its intention to continue mining at the Cadia.

Newmont is seeking to extend its operations using existing and new infrastructure and supporting services, in combination with the continuation of underground mining within both the Cadia East and Ridgeway mining areas.

According to Newmont, if approved, the application will result in a “modest increase in the mine’s footprint to accommodate expanded tailings storage capacity and infrastructure relocations”.

“There is room within Australia’s regulatory system for pragmatism and rigour to co-exist in support of environmental protection, local jobs and local communities,” said Newmont chief sustainability officer Suzy Retallack, stating that the extension would secure a decades-long pipeline of skilled local job opportunities and copper supply.

“Extension of Cadia’s operations will secure more than 2 100 full-time jobs, as well as the future of our local suppliers – more than half of whom have their head office based in NSW, with one-fifth having their head office based in the Central West,” she said.

In 2022/23, Cadia spent more than A$205-million on employee salaries, with 94.4% of the 1 386 full-time equivalent employees working at Cadia living in the Central West region. Three-quarters – or about A$91-million – of annual household expenditure on goods and services by the Cadia workforce was spent in Orange.

“The extension of Cadia’s operations would be a tangible boost for responsible mining that contributes to global net zero goals, local jobs and economic growth,” said Retallack.

Under a bilateral agreement between the federal government and the New South Wales government, the application will be assessed by the state’s Department of Planning, Housing and Infrastructure on the commonwealth’s behalf.

New South Wales has already declared the continuation of Cadia mine a state-significant development on its major projects planning portal.

Edited by Creamer Media Reporter

Comments

Showroom

John Ratcliffe
John Ratcliffe

At John Ratcliffe, we are aftermarket specialists for heavy-duty on and off-road vehicles. We engineer and retrofit advanced safety systems, engine...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:6.093 6.499s - 129pq - 2rq
Subscribe Now