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.

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Newcrest Mining Ltd

Bullboard Posts

Comment by johnathamiltonon Oct 09, 2018 11:24am

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Post# 28766199

RE:RE:RE:NEWS Brucejack Mine Q3 2018 Production Update

Ummm..didn't the news release state 2140 tons per day?

The Q3 change is an almost 20% drop in production compared to Q2. That is not good. They will have to have a stellar Q4 just to meet the minimum guidance. This just speaks to the inconsistency of the ore body.

If there's one thing investors hate, it's inconsistency (aside from losing money of course!). The jury is still out on this mine.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages