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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
Post by miningmanon Jul 01, 2018 11:44am
156 Views
Post# 28257132

Somebody has to explain to me........

Somebody has to explain to me........  where are all these extra 900 tonnes per day mined tonnages are being stored.  Underground or on surface??  What  are the extra .costs associated with rehandling all this muck???  What does this extra tonnage do to the plan to  have  10-12 stopes active  in Q3??? A 25% increase in tonnage will rapidly eat up any gains made in the last 6  months.

Unless hi grade stopes have been accessed in the last six months , this all seems like a lot of wishfull thinking.
Bullboard Posts