Newcrest's plan to save Telfer

THE 1500 employees and contractors that fly in and fly out of the ageing Telfer gold-copper mine in Western Australia’s Great Sandy Desert will no doubt be pleased to hear that Newcrest is not prepared to call an end to operations, writes Barry FitzGerald.

Newcrest's plan to save Telfer Newcrest's plan to save Telfer Newcrest's plan to save Telfer Newcrest's plan to save Telfer Newcrest's plan to save Telfer

Telfer remains one of WA's biggest mines

In fact, Newcrest is getting a little bit excited about the potential for Telfer to be around for a long time yet, despite the mine's US$48 million cash burning status in the December half when lower