StefanBode

Newcrest Mining - Top Goldproducer No. 1

Long
ASX:NCM   None
As the coming days / weeks more and more attention will be paid to gold and silver, I start to introduce some producers.

Newcrest Mining is one of Australia's and World major gold producers.
With an All-In Sustaining Cost (AISC) of $ 738 / ounce of gold, the company is also among the most effictive gold-producing global players.
In Australia, it is produced by far the "cheapest" gold open pit with $ 147 AICS in Q.1 2019 - Cadia.
The other mine is Telfer with high AISC of $ 1,148 per ounce.
Papua New Guinea is producing $ 849 AICS at the Lihir Mine.
In Indonesia, the cost of Gosowong Mine is over $ 1,105 per ounce.
There are investments to Lundin Gold (27%) and Imperial Metals (70%).
Exploration is active in several countries: Australia, Papua New Guinea, USA, Argentina, Chile and Ecuador.

If the gold price on monthly closes price above $ 1,380, Newcrest Mining has one of the most prolific gold producers in the world, especially as the $ 1 billion debt is ridiculously low and could be immediately paid off with cash.

The dividend is now not high but at least $ 0.15 and typically between 10-30% of the free cash flow earned annually.

Greetings from Hannover

Stefan Bode

t.me/stefan_bode_analysen
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!

www.fondslounge.de
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.