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FINWIRES

Newmont Says New South Wales Operation Sustain No Significant Damage After Earthquake

-- Newmont (ASX:NEM) said there were no injuries at its Cadia operation in New South Wales after a magnitude 4.5MLa earthquake struck the area, and inspections indicated that there was damage to certain underground areas, but it was not significant, according to a Friday Australian bourse filing.

All safety protocols were activated immediately at the time of the earthquake, and underground personnel were moved to designated safe areas. All workers safely returned to the surface over the following hours.

No damage was identified at surface infrastructure, including tailings facilities and dams. Based on current assessments, near-term production is not expected to be impacted.

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