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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 bepracticalon Oct 09, 2013 10:42am
325 Views
Post# 21802785

RE:Strathcona resigns?

RE:Strathcona resigns?First off, it was a shock to wake up to this news. It would be highly unusual for a consultant to resign because they did not want to report bad results. So, my theory is that Strathcona became edgy because a good portion of the 615 drift was taken from the Cleo vein and this richer area would skew the bulk sample results to the upside and not be representative of the bulk sample. Therefore, they wanted to make whatever changes to the reporting of the results and the Company disagreed? That is my assessment but I am still nervous.
Bullboard Posts