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.

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Newcrest Mining Ltd

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Comment by Philtmcnastyon Feb 17, 2016 12:04pm

267 Views

Post# 24566464

RE:Project Costs Down, COO Currie Out !!!!

After tax NPV at $800 gold price of $720M is still higher than current market value of PVG.
That ascribes zero value to any exploration potential.
While there is a lot of uncertainty in mine start up, you can bet that at $800 gold there will be no shortage of used mining equipment going for fire sale prices, not so mention miners looking for a job. That would likely bring construction and operating costs down significantly.

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