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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 Shadow10on Jan 12, 2021 5:02pm
164 Views
Post# 32278804

RE:POG is flat

RE:POG is flat

Alaska demanding action on B.C. mining oversight

In 2020, 22 U.S. and Canadian researchers published a letter critical of B.C.'s environmental assessment and oversight, calling it weak and ineffective.
 
In 2020, 22 U.S. and Canadian researchers published a letter critical of B.C.'s environmental assessment and oversight, calling it weak and ineffective. 

The United States government has approved $3.6 million in spending to help Alaska pressure B.C.’s government into reforming mining regulations they claim are lax and present an imminent threat to fish and habitat in transboundary watersheds.

On Dec. 21, U.S. Congress approved the Consolidated Appropriations Act for 2021 that included $3.1 million for the United States Geological Survey (USGS) to expand a 2019 baseline water-quality monitoring program on rivers downstream from B.C. mines.
For five years, Alaskan Indigenous tribes and conservation groups have pushed for government involvement over worries of 12 proposed mines in northwest B.C. near salmon-bearing rivers that cross into the Alaskan panhandle.

I am glad that Seabridge gave Pretium 120 U.S. Million for SnowField as they might not get the Go ahead as it is a huge development with a huge tailing pond. The enviromental groups are starting to make some noise about the mines in this area.
Look up the article and read it and don't forget the B.C. NDPGoverment are greenies and don't like projects the size of SEABRIDGE. 
Pretium will be out of debt before anything ever happens at KMS.


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