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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 sailor8on Dec 31, 2020 8:11am
222 Views
Post# 32202050

RE:4th quarter covid free

RE:4th quarter covid freeI measure the PVG "success" of O Brien & his management with this years shareprice development compared to other gold miners.

Sorry Highper for a slightly different point of view about O Brien and the new managment. 

... but where would we be if (old) management was still operating...



Probably PVG would be much higher in this years shareprice performance ranking list of all GDX (VanEck Vectors Gold Miners ETF) holdings. The list contains all major and middle 53 gold miners. PVG is among the last ones...

I shall prepare the GDX gold miner shareprice performance list on weekend and post it here. It will be a sad result about the PVG rank among the 53 others in this years list. A poor result for O Brien (chair since November 2019) and his team...  Others had to fight with Covid outbreaks and political / legal issues in their third world countries mines but performed much much better.

O Brien took over the cockpit at a well running cash cow without Covid or political problems and delivered such a terrible shareprice result to the owners of the Brucejack mine...



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