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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 Apr 17, 2018 11:52am
146 Views
Post# 27897772

RE:RE:RE:Q1 AISC???

RE:RE:RE:Q1 AISC???miningman, I assume you are not buying or selling at htis point. If the grade control system really does give reliable estimates on a stope by stope basis, then by the end of 2018 we will actually have enough information to determine how  (either smart or dumb) we were to believe managements interpretation of the last couple of quarters and also, if they are right-an excellent future to be arriving soon with increased confidence,increased production, lower AISC and money in the bank-which means refinancing the term debt and buying back the stream in a timely manner.  I am feelling better about the operation but it is too early to move in either direction IMO.
Bullboard Posts