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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

Comment by Wuggyon Nov 02, 2019 8:36pm
185 Views
Post# 30301657

RE:No knock on Joe or Tom?

RE:No knock on Joe or Tom?I don't remember the exact words in order to quote verbatim, but we were advised at the previous CC (you can look it up) that the last quarter would likely fall short to some limited extent. However, Ovsenek also said guidance would get back on track with subsequent quarters, and he reiterated that in the latest CC. He mentioned visible gold in new drilling and expressed no concern whatsoever about meeting guidance going forward. That statement was explicit and will appear in the transcript. Listen again if it helps, because listening selectively and misconstruing does not help credibility. 
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