Newcrest resumes production at Toguraci

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Newcrest Mining announced that mining recommenced at the Toguraci mine, part of the Gosowong operation.

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Mining has been suspended at Gosowong since the geotechnical event at Kencana on 8 February 2016.

The company said that during the period of suspension, technical studies and rehabilitation work have been undertaken at both Toguraci and Kencana and some low grade stockpiled material has been processed.

“The rate of mining at Toguraci will gradually increase over time, with full production from Toguraci not expected for at least two months,” the company said in a statement to the ASX.

Newcrest also announced that mining at Kencana will remain suspended at this time, adding that technical studies in relation to the mine were in advanced stage but were not yet completed.

Gosowong is owned and operated by PT Nusa Halmahera Minerals (PTNHM), an Indonesian company 75 per cent owned by Newcrest. It is located on Halmahera Island, in the North Maluku Province of the Republic of Indonesia, approximately 2,450 kilometres north east of the national capital, Jakarta.

Gosowong produces gold and silver doré. The processing plant at Gosowong, which has a capacity of up to 800,000 tonnes per year, comprises a primary jaw crusher followed by a SAG and ball mill circuit and a recently completed Vertimill circuit.