The Latest Breaking News from Newcrest

Newcrest Cadia Holdings has until Tuesday to respond to the draft pollution notice

The local share market rose on Monday despite two big banks dropping sharply as they traded without rights to their latest dividend payments. NAB tips at least one more interest rate rise. Here's how it unfolded on the ABC markets blog.

Sydney (AFP) - A severe tropical cyclone lashed northwestern Australia Friday bringing the strongest winds the country has ever recorded, but officials said towns and cities appeared to have escaped the worst of the storm.

Now at category three, the severe cyclone is expected to cross Eighty Mile Beach at category four tomorrow night, with residents urged to make their final preparations.

The world's largest gold producer, Newmont, seeks to strengthen its position with its bid for smaller Aussie rival Newcrest. Gold stocks were mixed.

Stock futures higher with inflation data, earnings in focus; Newmont sweetens bid for Australian gold miner Newcrest; Warren Buffett boosts exposure to Japan's major trading houses; Pharma, biotech firms call for reversal of mifepristone suspension and Bitcoin tops $30,000 for the first time in 10 months.

Newmont's all-scrip bid for Newcrest now values the Melbourne-based goldminer at $32 billion, not including its debt.

NSW Health is retesting water after residents raised concerns about elevated traces of heavy metals, which they worry is linked to Cadia goldmine

Public faith in the regulation of mining in NSW was being 'severely undermined'

If a $24.4 billion takeover bid for the country's biggest producer is successful, foreign ownership of Australia's gold mining industry would rise above 50 per cent, according to an analyst.

Gold miner Newcrest has rejected a takeover bid from US giant Newmont, instead rewarding shareholders with a massive dividend.