Re: Cadia Mine

[michael.house@north.com.au]

The Cadia mine is located about 27km south east of Orange and is owned by
Newcrest.  The mine is going to produce about 90,000 tonnes of copper/gold
concentrate per year.  The concentrate will be transported from Cadia to
Blayney in a pipeline, and from Blayney to either Newcastle or Port Kembla by
rail.  Using the Northparkes ore train as a comparison (about 1400 tonnes
concentrate per trainload), this would equate to just over 1 train per week. 
Concentrate production should start soon but shipment of concentrate may not
happen until later this year.  Cadia was approved with a mine life of 13
years but this will almost certainly be extended given continued discoveries
of ore.

Michael.

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