NCM 0.00% $23.35 newcrest mining limited

fudenmentals - caving mining method

  1. 49 Posts.
    As NCM using blockcaving of a large amount of their mining so I thought some people might appreciate this figure.
    It basically shows where Cadia East sits in terms of cashflow contribution and provides a bit of context for operations.

    Positives;
    Production ramping up on basically all fronts.
    Hopefully have finally addressed some of the major reliability issues.
    Solid exploration -> reserves and resources increases.

    How I see the game.
    Negatives;
    Price of gold taking a beating for X reason.
    Time to improve the fundamentals - performance needs to be proved and will the market lose patience before this happens in x months? x years :| ?


    Reference: Heslop, TG 2000, 'Block Caving — Controllable Risks and Fatal Flaws', in Proceedings 3rd International Conference and Exhibition on Mass Mining, ed. G Chitombo, The Australasian Institute of Mining and Metallurgy, Brisbane, pp. 437-454.
 
watchlist Created with Sketch. Add NCM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.