Today we review Newcrest Mining Limited for you. What is Newcrest Mining Limited? What do they offer to you (the investor)? Are there better alternatives for you? This are just a few of the questions we help you answer!
Name of the company: Newcrest Mining Limited
Official Website URL: https://www.newcrest.com.au/
CEO: Sandeep Biswas
Products: Gold, Copper, Mining Stocks
P.S.
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Intro
Newcrest Mining is another top performer in the industry it is found in. This review seeks to identify just what makes this company successful and how investors benefit from its existence. Some of the key pointers that will direct our scrutiny of this company include:
– What is Newcrest Mining?
– How does it go about its operations?
– Which products does it offer to all relevant stakeholders?
– Can its genuineness be put to question?
– Which investment opportunities does it offer?
– Which are the main alternatives to this company’s investment options?
– What are the main pros and cons of Newcrest Mining?
What is Newcrest Mining Limited?
Newcrest Mining stands out as one of the largest gold producers in the entire world. Its mission has been to deliver superior returns through the finding, development, and operation of copper and gold mines. This company also purports to lead the way in terms of safety, responsibility, efficiency as well as profitable mining.
Newcrest currently runs and operates a portfolio of mines that bear the following characteristics:
– They are predominantly low cost
– They are long-life
– Strong pipeline of brownfield development projects
– Strong pipeline of Greenfield exploration projects.
It’s mineral reserves and resource base is very strong and comprises mainly of gold reserves that bear a more than a 25-year production life, at the current rates of extraction. Newcrest’s portfolio of assets includes mines in which a variety of mining approaches are used in the large ore bodies, together with several underground mining methods, in a bid to optimize the mining of high-grade epithermal mineral deposits.
How it works
Newcrest is the proud owner of a variety of mineral-rich mines that are distributed all over Australia, Canada, Papua New Guinea, as well as Indonesia. These mines are:
– Cadia Valley- located in New South Wales, Australia
– Telfer in Western Australia
– Gosowong in Indonesia
– Lihir in Papua New Guinea
– Red Chris in Canada.
At the forefront of this company’s progress is the discovery of mineral deposits. This is a strategy that Newcrest relies on, it has so far displayed a very impressive and successful track record in as far as exploration is concerned. One of the key objectives of Newcrest’s exploration activities it to finally set foot on the very large mineral districts and provinces and to create long term mining operations, while at the same time enhancing its potential for future discoveries. Newcrest Mining Limited oversees all the above-stated operations from its Headquarters in Melbourne, Australia.
Products offered
Newcrest Mining’s main objective in the industry is to produce gold. It has actually come to be recognized as one of the largest gold producing firms on a global scope. This company has the capacity to actually produce more than 1 million ounces of gold on an annual basis, which is way higher than most gold production companies can manage to deliver to the market. Besides the gold that Newcrest produces, it also produces and supplies copper to the market. It is the consistent supply of these two minerals that have given this company its current success and good reputation.
Is it a genuine company?
This company is very genuine. It has headquarters in the capital of Australia, thus making easily identifiable and trackable. Its offices are located on 600 St Kilda Road in Melbourne. The magnitude of this company’s operations and its financial results on an annual basis also go a long way into proving that it is actually a very genuine firm. This all thanks to its very great management team whose efficiency in the creation and execution of operational strategies have led to Newcrest Mining being very successful. Its top executive leaders include:
– Sandeep Biswas – Chief Executive Officer
– Gerard Bond – Chief Financial Officer
– Craig Jetson- Executive General Manager
– Craig Jones – Chief Operating Officer ( in Papua New Guinea)
– Ian Kemish – Chief People and Sustainability Officer
– Francesca Lee- Chief Legal Risk and Compliance Officer
– Michael Nossal- Chief Development Officer
– Phil Stephenson- Chief Operating Officer ( Australia , Indonesia & Americas)
– Bob Thiele ( Acting Chief Technical & Projects Officer )
Investment opportunities?
Newcrest Mining happens to be one of the largest gold production companies that are listed on the Australia Stock Exchange. It offers its stocks through this exchange to all investors who are capable of parting with a substantial amount of capital to grow their wealth. Its stocks trade under the ticker NCM. With Newcrest Mining being the sixth largest producer of gold as of 2015, its stocks are definitely worth looking into for the growth potential that they bear. You can view more details about its stocks on ASX and on Bloomberg.
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Alternatives to Newcrest Mining’s stocks
Newcrest Mining Limited makes billions of dollars from selling physical gold. Do you know why this gold is on such high demand? Owing to better access to information and financial data, more and more are beginning to invest their savings through precious metal IRA companies such as one on our top 5 list. Statistics have it that instead of its prices reducing even during the times that the global financial scene is in chaos, physical gold actually gets more valuable. This means that your assets can only experience growth over a long term investment horizon. Such companies are there to offer you the necessary custodial services, and to ensure that everything related to your physical gold investment is handled professionally.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as one on our top 5, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
P.S.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
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Or,
==> If you want to invest like a Mining Magnate then Resource Insider is our #1 recommendation
Pros and cons
It is always wise (and recommended) to compare the positives against the negatives to get a better overall view of something before making any decisions. As always in ou reviews we provide you with some clear points on both sides of the spectrum:
Pros
– One of the largest producers of gold in the whole world
– Amongst the highly-ranking companies in the Australian Stock Exchange
– Large gold reserves
Cons
– It offers stocks whose prices can be majorly affected by the general outlook of the global economy.
Do You Own or represent Newcrest Mining Limited?
If you are a representative, or associate of Newcrest Mining Limited and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to contact@goldretired.com.
Final words and verdict
Verdict: Legit
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of Newcrest Mining Limited pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
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I hope you found this short review of Newcrest Mining Limited to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
Michael,
founder of: Goldretired.com
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