News: NCM Newcrest Mining Says Cadia Vent Rise Remediation, No Production Impacts Expected

Aug 4 (Reuters) - Newcrest Mining Ltd (NCM) :

• CADIA VENT RISE REMEDIATION, NO PRODUCTION IMPACTS EXPECTED-NCM.AX
• CONFIRMS THAT ACTIVITIES ARE UNDERWAY TO REMEDIATE INSTABILITY IDENTIFIED IN A VENTILATION RISE AT ITS CADIA MINE
• ALL SURFACE ACTIVITIES REMAIN OPERATIONAL
• UNDERGROUND MINING HAS BEEN TEMPORARILY SUSPENDED AND IS EXPECTED TO RECOMMENCE IN COMING WEEKS
• UNDERGROUND MINING EXPECTED TO RECOMMENCE IN COMING WEEKS, ONCE WORKS TO SAFELY BACKFILL RISE HAVE BEEN COMPLETED.
• TAKING AN APPROPRIATELY PRECAUTIONARY APPROACH TO MONITORING AND RESOLVING THE ISSUE