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.

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Newcrest Mining Ltd > Major Institutional SELLERS according to Morningstar:

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Comment by petersburggrayon Nov 13, 2021 2:27pm

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RE:RE:Major Institutional SELLERS according to Morningstar:

I was going to short against the box on my entire pretium position to get some buying power so as to buy some other gold and silver miners to play imminent upside gold breakout but decided against it. Newcrest give me good leverage. Pretium paper trading at like 6% discount to Newcrest paper in buyout offer plus if i short against box then i miss potential higher bid from other gold miner for PVG since Newcrest getting a steal at $14.50 fiat.

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