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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

Post by rockmstockmon Nov 03, 2019 8:45pm
180 Views
Post# 30303222

Just needs Life of mine expansion

Just needs Life of mine expansion The only problem with Pretium is the bashing short sellers who plague this stock every year only to have a reversal. Most high grade gold mines continue to expand LOM as they dig deeper since the nature of these deposits are rarely small. Once the LOM gets a resource update 1st quarter the valuation will have to adjust significantly in one direction or another regardless if this is a 9grams a ton or 12.

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