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 > Well, That Was Certainly Something

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Comment by miningmanon Nov 04, 2019 11:59am

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Post# 30305780

RE:Well, That Was Certainly Something

Loves , once again you show a good understanding of where this is going. Assume that the debt is repaid at around $180 million annually for 3 -4 years. Assume that then , there MIGHT be sufficient free cash flow to consider instituting dividends.

But by then the need for either a $200- 300 million shaft will be evident, or a new crusher/ conveyor system to handle the ore from below 1100 metre level

Of course if millheads drop to 8 grams , then debt repayment becomes problematic

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