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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 sailor8on Dec 07, 2020 10:52am
164 Views
Post# 32049102

"Seabridge adds 26 million oz gold to KSM" story

"Seabridge adds 26 million oz gold to KSM" story Bought for a joke price of 120 mill. USD plus bearly legal only 1.5 % NSR. 

The story is written by "North of 60".  Remember: 
It are our (Pretium shareholders) 26 million ounces of gold...!

Check out :

https://www.miningnewsnorth.com/story/2020/12/11/news/seabridge-adds-26-million-oz-gold-to-ksm/6568.html

I guess after deduction of incomes from copper and silver "byproduct" the AISC production costs per ounce of Snowfield gold will be somewhere around 300 - 400 USD per ounce.

Just calculate actual 1,860 USD per ounce selling price minus  400 USD per ounce AISC  = 1,460 USD net income per ounce times 26 million ounces...

Thoughts about future gold selling prices in some years are up to everybody.
<< Previous
Bullboard Posts
Next >>