Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Newcrest Mining Ltd NCMGF


Primary Symbol: A.NCM

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.


ASX:NCM - Post by User

Bullboard Posts
Comment by EasyMoney1976on Oct 21, 2017 11:52pm
172 Views
Post# 26841588

RE:RE:RE:RE:EV/oz production

RE:RE:RE:RE:EV/oz productionLlihavad.........I should have been more clear......in the old days they would mix ore for a steady rate calculated on block model estimated grade. Now they have technology that has improved mine economics. ie......current day sorting. The technology uses a combination of X-ray and Laser Technology....... the idea behind it is to stop processing waste and process more highly valuable ore. I have seen in other Mines........ we're sorting technology has improved grade by 50% and reduce waist Rock by 30%. I do not know what technology they're (pvg) using. I'll be honest with you I don't even know if it's in the feasibility study........ I don't remember from when I originally read it and I haven't honestly looked recently. Just to mix war from one stope to another doesn't make sense on a yearly basis....... at the end of the year you're going to get whatever the grade of combined stopes are. With blending technology you can improve economics.....ie.....cash flow, gross revenue, more importantly......pay back so that investors get a ROI. I hope this helps and I'll be glad to answer any questions anybody has. I don't have all the answers but I will share what I know with the group. Ps...... I use voice to text so if there are spelling and grammar issues I am sorry......... hopefully you're still able to understand the point.
Bullboard Posts