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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

Comment by highperon Nov 19, 2020 2:12pm
145 Views
Post# 31934173

RE:RE:RE:RE:RE:RE:Yumpu sections presentation

RE:RE:RE:RE:RE:RE:Yumpu sections presentationSeabridge's proposed  tailing dam has size limitations. It cannot accommodate all the ore from ksm. Thus hundreds of millions of tonnes at ksm cannot be mined until a new tailings set up is scouted out and environmentally approved. Sure they could incorporate their excess of ore with  the snowfield material but they don't need a second new tailing facility for maybe 30 or 40 years at the minimum.

Yes determining the location of a mill for snowfield would be a problem.... could they ship their concentrate through sea's tunnel and thus pay half the cost of its construction... or could they ship it through the vok road to their own mill site. I don't believe management has even articulated the nature of their problem in that regard as of yet.

The last management team was up to their eyeballs in the mad pursuit to produce gold at the feasibility study estimate.... they did not have any time to make the 9 million ozs of high grade open pit material sitting a stones throw from the VOK mill available for inclusion into the analysts evaluation ... i suspect they didn't dare mention this eye popping opportunity because they should have mined the high grade open pit first instead of chasing their dreams of 15 grams per tonne gold..
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