Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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

Newcrest Mining Ltd

Bullboard Posts

Post by Wuggyon Dec 08, 2013 3:15pm

395 Views

Post# 21983823

Truth-telling in resource estimates

Pertinent article IMO. Take a look and see if you agree.

Here's hoping I can get the link to work:

Truth-Telling In Resource Estimates - Challenges And Solutions (Mineweb, 6-Dec)

Snip: "We need some mechanism to encourage consultants to aspire to deliver the “truth” (i.e. an orebody in which reserves match eventual production) rather than an estimate that pleases their client – whoever it is. Once that problem is dealt with, the technical flaws I discuss below will likely become a lot less common..."

Rgds

Bullboard Posts

Gold, growth and sustainability in focus for Mandalay Resources