Ann: Cadia Hill open pit approved for tailings disposal, page-5

Newcrest has so much gold and long mine life expectancy, a write-off of a this amount on the "never-never" will be a small trade off for significant increased production during the next 18 months I reckon.
This share price has been substantially battered by Cadia's news in recent times and a very decent catch up of sorts with this news is very imaginable in my estimation. It has fallen well behind its peers (much already discussed on this already) but nonetheless remains the market leader/big daddy(!) for gold on the ASX... It's chart also has a look of serious promise about it too, in my opinion.

Kip