Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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.

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Post by sailor8on Jun 13, 2020 1:26pm

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Post# 31146891

Primary Silver mines get exhausted grades + our untapped A6

Top Primary Silver Mining Industry Production Yield Falls To The Lowest Ever

Jun. 12, 2020 6:53 AM ET

Summary

The top primary silver mining companies' average yield fell from 13 oz/t in 2005 to 6.0 oz/t last year.

Peru's Hochschild average yield declined from 7.5 oz/t in 2018 to 5.9 oz/t last year, while Buenaventura's average yield fell from 10.6 oz/t to 7.5 oz/t during the same period.

Also, Russia's Polymetal International, Dukat Operations, saw its average yield fall to 7.7 oz/t last year down from 8.5 oz/t in 2018.

...The top primary silver mining companies' average yield fell from 13 oz/t in 2005 to 6.0 oz/t last year. That's a 54% decline in average yield from the top primary silver mining industry. This means these silver mining companies have to extract, transport, and process more than twice the amount of ore than they did in 2005 to produce the same amount of metal....