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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 miningmanon Jun 06, 2019 11:59am
177 Views
Post# 29802847

RE:Question for paths ...

RE:Question for paths ... For   those interested in the details,   this is a link to  the discussions that Allenbow refers to


https://ceo.ca/pvg


I
n summary . the discussion  suggests that the present ore reserve grade significantly overstates the grade that will be milled going forward.


It also suggests that  a failure to  keep up  with back filling mined out stopes  has and will continue to compromise  efficient mining.

Plus one or two more details that suggest that yes indeed  the poster  is an experienced mining engineer who  knows what he is talking about 
Bullboard Posts