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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 pathson Mar 09, 2018 3:49pm
211 Views
Post# 27694043

RE:What I get from all this..........

RE:What I get from all this..........I think next two quarters will be ok on the basis that half of production is 1320 and above, and both 1200 and 1320 have stopes extending up three levels from each so it is not as isolated as it once was.

At either end of the stope they could leave low grade behind unblasted. In the centre of a stope, they could identify a low grade interval, blast it in one separate blast, and remove it to the waste pile instead of an ore pile. The grade control system should be working much sooner than that?, they may just be giving a very long buffer period to be safe.

The long section is not so good to see the grades, above 1200 it splits into two lenses, so they may have had to show an average. If a person went through all the documents available, there may be some more sections that help show the grade better? 
Bullboard Posts