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Newcrest Mining Ltd T.NCM


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

Post by Beabaggageon Jul 22, 2022 2:26pm
302 Views
Post# 34844013

2nd Q results very strong, production strong, AISC $896

2nd Q results very strong, production strong, AISC $896even Red Chris which is basically under developement w some legacy production had good results, Cadia came in at negative costs again and will see Molybdenum credits in 1st q (July-Sept 2022)..Lihir, Telfer..all great.   low cost production even if gold and copper stay weak.  Brucejack great results and more great drill results on that property.  Offered $60mil for the other 5% of Greatland's Havieron which puts the value of that property around 1.2bil per independent review.. a lot to like in low cost, long life mines.  Long NCM and LUG.  B
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