Newcrest Mining ADR NCMGY

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.

OTCPK:NCMGY - Post by User

Newcrest Mining ADR

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Post by MaterialsManon Oct 26, 2023 8:51am

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Post# 35701747

Last day ?

I believe that tomorrow the 27th is the final day for trading Newcrest.
Funny how they got the price of Newmont down just in time for the cash for shares part of the scheme.
That is in spite of the recent spike in the price of gold.
Not quite sure how that is done, but it sure will save NEM a bunch of dough.
If gold were to spike big time before the close of trading tommorow as a result of a significant intensification of the middle east conflict, it would be interesting to see if the price of Newmont responded thereby increasing the overall value of the takeover.

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Nine Mile Metals completes acquisition of 3 properties