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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 LovesAUon Mar 22, 2018 11:27am
172 Views
Post# 27761193

RE:So ... does the Petro-Yuan reprice Gold starting next week

RE:So ... does the Petro-Yuan reprice Gold starting next weekAs much as I get sick of hearing the gold bugs incessant chant about peak gold and the 50 other reasons gold will rise- I think fundamentally they are going to be proven right this time. When China starts trading gold for oil- sellers are finally going to receive an asset class that can't be manipulated, counterfeited, or inflated. I think they are taking a huge step toward killing the petro dollar and all of the rate hikes in the near term cannot wash away the ill effects of 10 years of QE.
Bullboard Posts