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 > Gold Above $1570

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Comment by Smittleon Feb 13, 2020 10:57pm

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Post# 30689134

RE:Gold Above $1570

Gold is at $1577 USD right now. 2020 shoud be a great year for PVG!

marnesue wrote: PVG used $1450 in determing their guidance for 2020. If you use $1570 instead of $1450 the cash flow will increase by $42,000,000. Guidance of $100,000,00. - $172,000,000 will increase to $142,000,000 - $212,000,000. An increase in the price of gold of $10/oz increases the cash flow and earnings by $3,500,000.