How Has The Increase In Copper Production At Batu Hijau Impacted Newmont Mining’s Copper Mining Operations?
The mining of high grade ore sections at the Batu Hijau mine in Indonesia resulted in a sharp increase in Newmont Mining’s copper production in 2015. The mining of high grade ore and the sharp increase in output resulted in a lowering of unit costs in 2015, which boosted the prospects of the copper mining division in an environment of subdued copper prices. However, a fall in overall output in 2016 due to the mining of lower grade ores at Batu Hijau will translate into a slight increase in unit costs.
Have more questions about Newmont Mining? See the links below.
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- Newmont Mining: A Look Back At The Year 2015
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