Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 miningmanon May 07, 2020 12:09pm
135 Views
Post# 30998242

RE:RE:RE:numbers

RE:RE:RE:numbers NO!!!!!!!!!!   You are still wrong ,  admit it!!!.   POG  going  from  1600 to 2000   is a 25%  improvement   Its got nothing to do with projected operating costs.

The fact of the matter is that  quarterly revenue   of  $128  million is pretty low  for a  3800tpd operation .  This of course is a function  of  low ,  and dropping  mill head grade.   Will it improve??? Maybe,  but dont bet the mortgage  money on  it.  Can  mill tonnage be expanded ???   Probably but with a 12-18 month time frame  from  date of  permit application.  Can  operating  costs be reduced??    Highly  unlikely,  indeed  increases are already  anticipated 
<< Previous
Bullboard Posts
Next >>