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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
Comment by pathson Jan 21, 2019 5:29pm
151 Views
Post# 29261775

RE:RE:RE:More broken promises from the Vancouver pulp mill

RE:RE:RE:More broken promises from the Vancouver pulp millYes grade and tonnes will be pulled back, not like the market does not know that. The company is starting more drilling to the east of main VOK, a location where it will be easy to add tonnes close to mining development. Whatever tonnage is lost should be more than made up. 

My spreadsheet is based on 15.6 mt with mill feed grade of 12.5. Cost is assumed to be a continuation of current cost per oz. with half of variable costs lowered by the inrease in the production rate. I need to do more on the costs but the NPV6 I get is 2.8 b, since I am using a higher gold and silver price. You are making suggestions that are far too low,
Bullboard Posts