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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

Comment by highperon May 28, 2020 10:48am
123 Views
Post# 31082642

RE:Bullion banks prepare CME pullback

RE:Bullion banks prepare CME pullback With fewer banks selling gold on Comex, investors are already paying more to maintain their positions. Every few months, investors exchange expiring futures contracts for ones with a later expiration. That would usually cost a couple of dollars an ounce. In recent days it has cost around $10-20.

from reuters article


https://www.reuters.com/article/us-health-coronavirus-gold-cme-exclusive/exclusive-bullion-banks-prepare-cme-pullback-after-virus-snarl-idUSKBN23424L
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