Newcrest Mining Limited
NCMGF
Other OTC15.20
USD
-0.39
- -
CIK
0000899611
CUSIP
Q6651B114
Return %
Stock
S&P500
1Y
11.24
26.53
3Y
-26.24
76.60
5Y
4.29
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Sherry Leigh Duhe
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 600 St. Kilda Road Melbourne VIC Australia 3004
- IPO Date
- Feb 13, 2009
- CIK
- 0000899611
- Website
- newcrest.com
- Similar Companies
- Business
- Newcrest Mining Limited is an Australian-based gold and copper mining company engaged in the exploration, development, operation, and sale of gold and gold/copper concentrates. The company operates a portfolio of predominantly low-cost, long-life mines including Cadia and Telfer in Australia, Lihir and Wafi-Golpu in Papua New Guinea, and Brucejack and Red Chris in Canada. It specializes in large-scale underground and open-pit mining, employing advanced processing technologies such as crushing, grinding, flotation, and gravity recovery to extract gold and copper. Newcrest's operations focus on producing refined gold doré bars and copper concentrate, with extensive logistics and export capabilities supporting its global supply chain. Founded in 1966 and headquartered in Melbourne, Australia, Newcrest serves global markets with products primarily used in jewelry, electronics, and industrial applications. In recent major changes, Newcrest was acquired by Newmont Corporation in a deal completed in November 2023 valued at approximately $28.8 billion AUD, creating a leading gold and copper producer with a substantial portfolio of Tier 1 assets. This acquisition has enabled strategic portfolio optimization and integration of expertise, expanding the combined entity's copper production and enhancing operational synergies worth hundreds of millions annually. Newcrest now operates as a subsidiary of Newmont Overseas Holdings Pty Ltd, with ongoing business expansion aligned with digital mining, automation, and sustainable mining practices. Recent strategic focus includes advancing exploration projects like Wafi-Golpu in Papua New Guinea and optimizing existing mines for long-term value creation. The company continues to emphasize environmentally responsible mining and innovation in orebody modeling and remote operation centers as part of its competitive positioning. Newcrest targets institutional investors and industrial clients globally, maintaining strong operations in Australia, Papua New Guinea, and Canada. Its product slate extends beyond gold and copper to include silver as a byproduct and other base metals through mining operations. The company leverages technological investments in digital twin simulations and remote automation to improve operational efficiency and reduce environmental impact. Newcrest's leadership in block cave mining systems and processing infrastructure supports robust annual gold production exceeding two million ounces, supplemented by significant copper output. The company remains focused on growing its pipeline of exploration and development projects while integrating into Newmont’s global portfolio to capitalize on synergies and expanded market reach.