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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 03, 2018 3:18pm
185 Views
Post# 28263696

Costs per tonne

Costs per tonne   Page 12  of this presentation  will be of real interest  when Q2 results are announced next week.

https://s1.q4cdn.com/222336918/files/doc_presentations/2018/PVG-Investors-Day-Presentation-April-11-2018.pdf


The  high grade gold is supposedly  "ubiquitous".   If so this ubiquitous gold might offset the preponderonce  of    green  ore  blocks........ all below  5  gram  grade.


The  last two quarters published  numbers suggest  a cost per tonne in the  $275-  $295  per tonne range..  If all the recent extra  drilling and sampling drives this cost to only  $300  per tonne,  then   a break even grade  of   11  grams per tonne  is implied.   These are the numbers that will give us all the ability to  predict what the  AISC  might be ,  when announced in August.

Bullboard Posts