NCM newcrest mining limited

Ann: Expected asset impairment, page-8

  1. 11,507 Posts.
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    Personally , imo, this is presenting as  a buying opportunity as performance in all areas seems to be going in the correct direct.

    Gold production up 14%

    "Gold production of 2,396,023 ounces (a 14% increase on 2,109,784 ounces in the 2013 financial year)"


    Copper production up 7%

    "Copper production of 86,118 tonnes (a 7% increase on 80,366 tonnes in the 2013 financial year)"

    All in costs 24% lower.

    "Group All-In Sustaining Cost1 of A$976/oz (US$897/oz2) was 24% lower than the 2013 financial year"
 
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