Newcrest Mining Limited
ASX:NCM ISIN:AU000000NCM7
Newcrest Mining Limited (ASX:NCM) is a gold mining company. The Company is engaged in exploration, mine development, mine operations, and the sale of gold and gold/copper concentrate. It owns and operates a portfolio of mines and a pipeline of brownfield and greenfield exploration projects. Its operating segments include Cadia, Australia; Telfer, Australia; Lihir, Papua New Guinea; Gosowong, Indonesia; Hidden Valley JV, Papua New Guinea; Bonikro, Cote d'Ivoire, and Exploration and Other. Its mines are located in Australia, Papua New Guinea, Indonesia, and in Cote d'Ivoire, West Africa. Cadia Valley Operation is located approximately 30 kilometers from the city of Orange in central west New South Wales and is over 250 kilometers west of Sydney. The Lihir operation is on Niolam Island in the New Ireland Province of Papua New Guinea. The Telfer gold-copper mines are located in the Great Sandy Desert in the East Pilbara region. Hidden Valley is located in the Morobe province in Papua New Guinea.
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News
Overnight Wall Street closed with a 2.1 per cent gain, qualifying it as one of the quietest sessions in October. As the recent Australian share market has never made consecutive gains more than two days, analysts speculate a flat market today. Investors may take the breather as they did and wait until the expected RBA rate cut next Tuesday to move back into the market.
Yesterday the Australian share market nudged a little higher as gold and oil prices rose and investors anticipated a good profit result from BHP Billiton, which released its result after the market closed.
Australian financial stocks is likely to continue gains on improved sentiment towards the sector in overseas markets, though weaker oil and metals prices may weigh on resource stocks. Analysts have cautioned that despite recent market gains, overall sentiment was still fragile and a further spike in energy prices or more bad news out of credit markets could trigger a fresh wave of selling.
Newcrest Mining Limited (ASX: NCM) - Presentation Made at Sydney Mining Club - Mr Ian Smith, CEO; Newcrest Mining Limited (ASX: NCM) present the following audio webcast regarding "NCM - Presentation Made at Sydney Mining Club - Mr Ian Smith, CEO". You may also download this audio webcast to your computer or portable audio player.
Newcrest Mining Limited (ASX: NCM) - Address at Melbourne Mining Club - Mr Ian Smith, CEO; Boardroomradio is pleased to announce that Newcrest Mining Limited (ASX: NCM) has published an audio file.
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