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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Newcrest Mining Ltd > Less than 3 trading hours to the Q2/H1 results

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Post by sailor8on Aug 04, 2020 1:27pm

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Post# 31362203

Less than 3 trading hours to the Q2/H1 results

Not very comfortable situation for the shorters right now...

Gold on the way to close in US at all time high.

German physical Gold trader "Degussa", says: 100 % more gold bars and coins are bought from its shops than in same period last.year. US mint had to anounce to "limit" sell of gold coins.

Newmont reported some days ago to target 6-7 MOZ production for 2020. Had anyone heard, that Newmont made a new discovery worth 6-7 MOZ to substitute the gold onuces they will sell this year ??!!

We have Brucejack. We have Snowfield with its proven huge resources... And we have much more to be discovered on our ground.

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