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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 LovesAUon Jul 16, 2018 9:13am
271 Views
Post# 28320108

Can the US Treasury Sell Gold Holdings?

Can the US Treasury Sell Gold Holdings?Several years ago now, I became entangled in a very nasty back and forth online argument over US gold holdings- holdings which are allegedly large but unaudited and unseen for 60 years. There is a reason they are unaudited- largely because I don't believe they exist. I discovered that the US Treasury not only can liquidate gold holdings- but that they do not have to report those sales. GL to anyone filing a FOIA request for current tonnage or an audit because here on the US tax farm- you'll find that your government will simply say that the data doesn't exist.  
Bullboard Posts