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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 goindeeperon Apr 24, 2018 8:42am
219 Views
Post# 27930834

RE:European Gold Forum webcast and slides

RE:European Gold Forum webcast and slidesAfter all the talk about grade issues here, I was happy to hear him re-iterate that they are expecting to hit their target of steady state gold grades of 13 to 15 g/t in mid to late 2018.

Also, he stated they are aiming to buy back the streaming deal this year, and are contemplating using forward sales to top up the cash position as needed.  If they can't do it this year, it will be next year.  That should make some posters happy.  Regardless, PVG will not be raising equity.

2 deep drill holes looking for the porphery are completed.  Data should be out in 4 to 6 weeks.

Check out the final slide for the projected comparison to peers.

https://www.europeangoldforum.org/egf18/company-webcast/PVG:CN/



VOKBLVR wrote: No Q&A with this presentation. Ovsenek looked like he has been through the wringer with his unkempt appearance. I hope it is just indicitative of how hard he is working as opposed to some altaernate reason.  Nothing new-just a restatement oif their plans of increasing the drill density and improving the reliabilty of the grade control program. There was a casal remark tot he effect that theyt get assays back from the samples in about 8 hours and that the mine planning is providing better stoope designs but nothing to indicate as to whether they are reaching the planned target grades. We will have to wait for some more news.  


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