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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 VOKBLVRon Oct 12, 2017 2:14am
396 Views
Post# 26802918

RE:July grade can be estimated from report.

RE:July grade can be estimated from report.Hi paths, You cxan certainly use this report to give a reasonable esimate for the 61 day production period but I think it will be another quarter before we know the whole story. The proposed grade control mehodology is not yet in place and until it is I think that there will be good days annd bad days at the mine. I tend to think that after having listened to some of the more knowledgeable mining posters grade control will not be easy to use as the stope geometry will dictate how some of the stopes are mined and in what sequence. I think that the mine will be very profitable as the tonnage throughput increases along with highewr gold prices. If we get the projected 14.1 gram headgrade for the first year it would be nice but it is not a dealbreaker if it came up a bit short.
Bullboard Posts