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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.


ASX:NCM - Post by User

Newcrest Mining Ltd > Interesting...
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Comment by Paray99on Jun 14, 2021 11:04pm
118 Views
Post# 33386559

RE:RE:Interesting...

RE:RE:Interesting...
blackhawk2003 wrote: Strange... but I have a theory. Pretium may have a contract to supply a 'set' volume of gold at a 'set' price. If the spot price goes below that price, they can buy it in the open market and comply with the contract and make easy money. I've seen this before. Weird, but it happens.


I don't think so at this price...
Also Seabridge doesnt have any gold out of the ground yet!

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