Proceeds from Cadia insurance settlement of US$155m
Newcrest has settled its insurance claim with the Company's insurers in relation to the 14 April 2017 seismic event at the Cadia operation.
The settlement amount is US$155m and all cash has been received. This amount will be included in Newcrest's Statutory Profit for the 2018 financial year.
For further information please contact
Newcrest Mining Limited -www.newcrest.com.au
Investor Enquiries | Media Enquiries | |
Chris Maitland | Kasun Liyanaarachchi | James Porteous |
+61 3 9522 5717 | +61 3 9522 5576 | +61 3 9522 4258 |
+61 439 525 135 | +61 477 068 440 | +61 439 535 494 |
Chris.Maitland@newcrest.com.au | Kasun.Liyanaarachchi@newcrest.com.au | James.Porteous@newcrest.com.au |
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This information is available on our website atwww.newcrest.com.au
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Newcrest Mining Limited published this content on 20 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 June 2018 05:27:01 UTC