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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

Bullboard Posts
Comment by Wuggyon Jun 12, 2012 3:40pm
312 Views
Post# 20005332

OT re: Copper

OT re: Copper

Thanks DT,

I used to hold copper plays but sold at a loss in many cases as the price of copper started to tank with the growing awareness of economic contraction and consequent drop in industrial demand, and all the shares have followed a solid downtrend ever since.

One would think that companies like CUU and Copper Mtn would do fine based on profit from production, but I just don't like them because the broad economic outlook is terrible, which bodes ill for raw materials in general.

Regards

Bullboard Posts