Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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

Newcrest Mining Ltd

Bullboard Posts

Comment by dove18on May 10, 2018 6:30pm

310 Views

Post# 28015049

RE:RE:News out

Ovsenek says they have about 8500 oz. in inventory at a cost of $849 down from a cost of $1057 for the quarter; that is more than $200 meaning that they are really producing at a much better cost rate. The AISC should easily be better than $800 for the next quarter.

The mining stopes has increased from 10 to 12 including higher grade stopes.

The numbers will and are getting much better.

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