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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
Post by bot_feederon Feb 05, 2013 6:59pm
291 Views
Post# 20943123

hm

hm

Wow, I bought Pretium recently just based on Brucejack and I didn't even know they had Snowfield.

 

Can't believe I bought this stock only being aware of one of their two primary projects.

 

Turns out my opinion of the company doesn't change any, however.  To me deposits like Snowfield are pretty irrelevant because I can't see it as very likely to be economic to mine, and I would think the prospects of getting permitted in left wing BC would be very small.  That's the same reason I don't like Seabridge or Nova Gold.

 

However, Brucejack is a whole nother story.  High grade and lots of it.  That I could see being economic and I could see getting permitted, although it would not be a slam dunk.

Bullboard Posts