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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 rcoonon Feb 06, 2013 12:25pm
203 Views
Post# 20946951

RE: hm

RE: hm

Ha, didn't know about Snowfield. Your due diligence is even worse than mine! 

I'm just joking around.

Consider those big low grade deposits as an option on future gold prices.

Either mining technology advances, gold prices move up substantially or the deposit never gets mined.

I believe it will get mined. the only thing that worries me are super high oil prices. Gold and oil are joined at the hip. Gold will have to really outperform oil prices. I believe this will occur.

Good luck to us all and all our juniors.

 

respectfully david

Bullboard Posts