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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 highperon Mar 21, 2020 7:11pm
121 Views
Post# 30834132

Is Cdn mint closure prelude to Gov gold buying?

Is Cdn mint closure prelude to Gov gold buying?The canadian dollar is getting smashed. Trudeau ran a whack of debt up just to buy voters in the last election. Its tax revenue stream is drying up.... Canada is approaching a unprecedented financial crisis. Once the foreign bond buyers start pulling out of the canadian dollar will even be in more serious trouble. When the canadian mint opens up again it may be buying gold with as much printed paper as is necessary. A world currency crisis is in the works. Holding a whack of gold which has real value is what may inevitability backstop the nation....  the spot and paper gold markets are already going in different directions. The gold rush has not even begun...
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