Newcrest has resumed operation at one of its two underground mines in Indonesia that were closed down in February due to a ‘geotechnical event’.

The firm has begun work again at its Toguraci mine at Gosowong and will slowly increase the production rate.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

At least two months are expected for this mine to achieve full production.

Work at the Kencana mine is adjacent to the Toguraci mine and continues to be suspended as technical studies are being conducted.

"The rate of mining at Toguraci will gradually increase over time, with full production from Toguraci not expected for at least two months."

A miner named Pak Mursalim Sahman remained trapped for almost eight days around 300m underground at Kencana mine in February.

See Also:

A 38m bore hole from an existing tunnel had to be drilled to reach him.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Although a part of the Toguraci mine has begun operations, an update for production and cost guidance for this year would be given only following the completion of recovery and resumption plans.

After the ‘geotechnical event’ in February, technical studies and rehabilitation work had been carried out at both the mines.

While the two mines were suspended, some low grade material that were stockpiled had been processed, reported The Australian.

The publication reported the firm as informing the Australian Securities Exchange: "The rate of mining at Toguraci will gradually increase over time, with full production from Toguraci not expected for at least two months."

"Technical studies in relation to Kencana are well advanced but yet to be completed."

The firm had expected around 350,000 ounces of its 2-2.4m million ounce gold output to come from Gosowong this year.