No firm timeframe for Cadia restart

NEWCREST Mining managing director Sandeep Biswas says the Cadia mine will not meet its full-year guidance after a tailings dam wall failure on Friday.

No firm timeframe for Cadia restart No firm timeframe for Cadia restart No firm timeframe for Cadia restart No firm timeframe for Cadia restart No firm timeframe for Cadia restart

A photo showing the slump in the embankment of the northern tailings dam at Cadia

Speaking to investors this morning, Biswas said the company was extremely disappointed that the incident had occurred.

"No one in our industry wants to see an event like this," he said.