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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 21, 2017 9:14am
251 Views
Post# 26840309

RE:RE:RE:RE:EV/oz production

RE:RE:RE:RE:EV/oz productionWith recoveris of >95% I can't see any real reason for Pretium to consider sorting as a necessity. If this process is applicable it may be useful to reduce the volume of rock being ground and there could be some cost reduction at the milling end but the area where the costs would be significantly reduced are at the stopes where you are dealing with the question as to whether to mine this low grade block or to pass.
From what I see in the pictures where this technology shines is at the secondary crushing stage and  there may be some application but PVG will already have spent most of the money getting the rock into the mill.
If there was a bottleneck in the mill I can see where this could really help but at this stageI think that the effort being made to improve grade control underground will pay larger dividends.
This is an interesting technology and I appreciate the post.
Bullboard Posts