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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 dcjones4396on Aug 01, 2019 6:43pm
201 Views
Post# 29986663

2019 H2 Production Guidance

2019 H2 Production GuidanceAccording to the 2019 Q2 report, the company is still on track to meet annual total production guidance. This is great news as we can expect anywhere from 215k - 245k ounces of production for the remainder of 2019. Considering how the price of gold has risen significantly and continues to have a positive trend in place, I would say we picked the right time to successfully ramp up production. Snake bit as some have recently posted? I would say exactly the opposite as it appears our timing is perfect. The absolute best news here today is that we are still expected to hit on a very lucrative H2 in 2019 and, more importantly, have a great future ahead! Buy any dips!
Bullboard Posts