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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 Qbar82dvon Aug 28, 2015 10:48am
219 Views
Post# 24059258

Bulk sample

Bulk sample The 10,000 T bulk sample had to be a representative sample of the deposit in the high grade mining areas. The fact that it produced approx 1800 oz more than the estimate is significant (5800 actual vs the estimate 4000. Numbers from my memory). I believe that the head grades will average 10% to 20% higher than the feasibility estimate. Rather than the deep discount all the talking heads and others have to attach to this deposit.
Bullboard Posts