NCMGY - Newcrest Mining gets regulatory OK for Havieron project

Newcrest Mining (NCMGY) says it received Australian regulatory approval to start construction work at its Havieron gold-copper project, for which the miner has approved funding of A$146M (US$113.4M).Newcrest's initial resource estimates Havieron will produce 3.4M oz. of gold and 160K metric tons of copper over the mine's life.The project would be the second massive development in Western Australia's Paterson region after Rio Tinto's Winu find, which sparked a gold rush into the remote area.Newcrest entered the joint venture deal for the project with Greatland Gold last month.

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Newcrest Mining gets regulatory OK for Havieron project