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

Comment by Joseph_Kon Aug 08, 2017 3:11pm

168 Views

Post# 26557715

RE:RE:RE:RE:RE:Relax

Too bad there isn't a cream for that burnt feeling you seem to be experiencing today.

BSdetector2016 wrote: Grades will NOT matter for Q2 as they were processing lower grade pre-production development muck. Again: it's called ramp-up. Grades and tonnage will matter for Q3 as they declared commercial production for that quarter. Amazing how many people invest in but do not understand mining!

Joseph_K wrote: Agreed. And that is also why I'm so nervous about it. Down close to 15% in two sessions. It really feels like something negative has leaked.

If it cracks $10 before news comes out, I'll buy more and cross my fingers.

paths wrote: Nobody is expecting good earnings. The question is what the recovered grade will be. Will Snowden's grade be confirmed, or will it be found that there was at least some validity to the concerns expressed by Strathcona? Most or maybe all ore processed to date may well have been low grade, but that will be enough to give some indication as to if the grade matched the Snowden calculations.