ASX Share rice
Sun 09 May 2021 - 06:38:pm (Sydney)

NCM Share Price

NEWCREST MINING LIMITEDNCMMaterials

NCM Company Information

Name:

Newcrest Mining Limited

Sector:

Basic Materials

Industry:

Gold

GIC Industry:

Metals & Mining

GIC Sub Industry:

Gold

Address:

600 St. Kilda Road Melbourne VIC Australia 3004

Phone:

61 3 9522 5333

MD, CEO & Director:

Mr. Sandeep Biswas B.E.

Fin. Director, CFO & Exec. Director:

Mr. Gerard Michael Bond B.Com., C.A., BComm

Chief Technical & Projects Officer:

Mr. Suresh Vadnagra

Chief People & Sustainability Officer:

Ms. Lisa Ali

Chief Operating Officer (Papua New Guinea):

Mr. Craig Antony Jones

Chief Operating Officer (Australia & Americas):

Mr. Philip Stephenson B.Sc.

Chief Devel. Officer:

Mr. Seil Song

Head of Investor Relations & Media:

Tom Dixon

Chief Legal, Risk & Compliance Officer and Company Sec.:

Ms. Maria Sanz Perez

Treasurer & Head of Insurance:

Ms. Kim Kerr

Company Overview:

Newcrest Mining Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and gold/copper concentrates. It is also involved in the exploration of silver deposits. The company primarily owns and operates mines and projects located in Cadia and Telfer, Australia; and Lihir, Papua New Guinea. It also holds 70% interest in the Red Chris mine project located in British Columbia, Canada. Newcrest Mining Limited was founded in 1966 and is headquartered in Melbourne, Australia.

NCM Share Price Information

Shares Issued:

816.56M

Market Capitalisation:

$21.98B

Dividend per Share:

$0.325

Ex Dividend Date:

2021-02-18

Dividend Yield:

1.21%

Revenue (TTM):

$4.30B

Revenue Per Share (TTM):

$5.38

Earnings per Share:

$1.543

Profit Margin:

0.224

Operating Margin (TTM):

$0.34

Return On Assets (TTM):

$0.07

Return On Equity (TTM):

$0.11

Quarterly Revenue Growth (YOY):

0.213

Gross Profit(TTM):

$1.35B

Diluted Earnings Per Share (TTM):

$1.543

QuarterlyEarnings Growth(YOY):

1.206

NCM CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-82,000,000

Change To Liabilities:

$71M

Total Cashflow From Investing Activities:

$-2,092,000,000

Net Borrowings:

$-42,000,000

Net Income:

$647M

Total Cash From Operating Activities:

$1.47B

Depreciation:

$715M

Other Cashflow From Investing Activities:

$-147,000,000

Dividends Paid:

$-154,000,000

Change To Inventory:

$-11,000,000

Change To Account Receivables:

$-96,000,000

Sale Purchase Of Stock:

$746M

Capital Expenditures:

$789M

NCM Income Statement

Income Date:

2020-06-30

Income Before Tax:

$0.99B

Net Income:

$647M

Gross Profit:

$1.35B

Operating Income:

$1.09B

Other Operating Expenses:

$7M

Interest Expense:

$-21,000,000

Income Tax Expense:

$350M

Total Revenue:

$3.92B

Cost Of Revenue:

$2.57B

NCM Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$24M

Total Liabilities:

$4.63B

Total Stockholder Equity:

$8.61B

Other Current Liabilities:

$160M

Total Assets:

$13.24B

Common Stock:

$12.40B

Retained Earnings:

$-3,170,000,000

Other Liabilities:

$1.77B

Good Will:

$17M

Other Assets:

$1.16B

Cash:

$1.45B

Total Current Liabilities:

$818M

Short-Term Debt:

$4M

Property - Plant & Equipment:

$8.81B

Net Tangible Assets:

$8.57B

Long-Term Investments:

$1.26B

Total Current Assets:

$2.37B

Long-Term Debt:

$2.01B

Net Receivables:

$255M

Short-Term Investments:

$15.84B

Inventory:

$549M

Accounts Payable:

$520M

Non Currrent Assets (Other):

$1.51B

Short-Term Investments:

$15.84

Non Current Liabilities Total:

$5.55B

NCM Share Price History

NCM News

05 May, 2021
Melbourne, Australia--(Newsfile Corp. - May 5, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) announces that Gerard Bond, the Company's Finance Director and Chief Financial Officer, has decided to retire effective 3 January 2022 when he will mark 10 years in the role.Mr Bond said, "It has been an honour and privilege to serve as the Finance Director and CFO over the past decade and be part of the transformation of the Company". ...
29 Apr, 2021
HighlightsAt Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge and at Main Zone:At East Ridge, drilling continues to demonstrate the continuity of higher grade mineralisation with RC684, returning a partial intercept of 238m** @ 0.45g/t Au & 0.52% Cu from 814m, incl. 90m** @ 0.85g/t Au & 0.85% Cu from 962m. This hole is 100m down dip from RC678^^ which returned 198m @ 0.89g/t Au & 0.83% Cu ...
(figures are unaudited and in US$ except where stated) Lower costs, on track to deliver FY21 guidance and growth options advanced Operating performance in line with expectations(1)Gold production of 512koz(2) and copper production of 35kt Improved All-In Sustaining Cost (AISC) of $891/oz(2), delivering an AISC margin of 49% or $854/oz(3)Cadia records lowest ever reported quarterly AISC of negative $160/ozOn track to deliver FY21 guidanceAdvancing multiple organic growth options Box cut and surface infrastructure ...
12 Apr, 2021
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the "Company" or "Discovery Harbour") is pleased to announce that Newcrest Resources Inc., a wholly owned subsidiary of Newcrest Mining Limited ("Newcrest"), has provided the details of its planned program for the Fortuity 89 epithermal gold property in Nevada.The Fortuity 89 property covers very limited outcrop surrounded by a large covered area. The outcrop ...
09 Apr, 2021
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
31 Mar, 2021
VANCOUVER, British Columbia, March 30, 2021 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports that Newcrest Mining Limited (ASX, TSX, PNGX: NCM) has released a Mineral Resource estimate for the Red Chris mine. Red Chris is operated by Newcrest under a Joint Venture Agreement with Imperial. Since becoming operator in August 2019, Newcrest has embarked on an extensive work program to define the potential of block cave mining beneath the existing open pit operation. Activities have included: additional exploration and resource definition drilling;resource optimization for both open pit and underground mining scenarios;commencing a Pre-Feasibility Study (PFS) to support the potential development of an underground block cave;commencing construction of the box cut (portal) for the exploration decline. This Mineral Resource estimate is a key input into the Red Chris PFS which Newcrest expects to release by the end of September 2021. The initial Newcrest Ore Reserve estimate for Red Chris is also expected to be released within the same time frame. MINERAL RESOURCE ESTIMATE This Mineral Resource estimate for Red Chris assumes bulk open pit mining and bulk block cave underground mining. For further disclosure, refer to Newcrest’s news release dated March 31, 2021 at newcrest.com. The initial Mineral Resource estimate for Red Chris published by Newcrest is reported as a Measured and Indicated Mineral Resource and an Inferred Mineral Resource in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 (JORC Code). Refer to Appendix 1 as provided on imperialmetals.com for information relating to data collection and resource estimation. There are no material differences between the definitions of Mineral Resources under the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves and the equivalent definitions in the JORC Code. JORC and CIM Comparison Mineral Resources and Ore Reserves are classified using the JORC Code. The confidence categories assigned under the JORC Code were reconciled to the confidence categories in the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards – for Mineral Resources and Mineral Reserves May 2014 (the CIM Definition Standards). As the confidence category definitions are the same, no modifications to the confidence categories were required. There are differences in terminology from JORC compared to the CIM Definition Standards. Terminology differences are the term “Ore Reserves” in the JORC Code is equivalent to “Mineral Reserves” using the CIM Definition Standards, and the term “Proved Ore Reserves” in the JORC Code is equivalent to “Proven Mineral Reserves” using the CIM Definition Standards. There are no other material differences between JORC and the CIM Definition Standards. Note that NI 43-101 reporting requirements do not allow for Inferred Mineral Resources to be added to other Mineral Resource categories. Therefore, Measured and Indicated Mineral Resources have been reported separately from Inferred Mineral Resources. Mineral Resources that are not Ore Reserves do not have demonstrated economic viability. Due to lower certainty, the inclusion of Mineral Resources should not be regarded as a representation that such amounts can necessarily be totally economically exploited, and investors are cautioned not to place undue reliance upon such figures. Measured and Indicated Mineral Resources 980Mt @ 0.41 g/t gold and 0.38% copper for 13Moz contained gold and 3.7Mt contained copper, including: Open Pit – 310Mt @ 0.28 g/t gold and 0.34% copper for 2.7Moz contained gold and 1.0Mt contained copperUnderground – 670Mt @ 0.46 g/t gold and 0.40% copper for 10Moz contained gold and 2.7Mt contained copper Newcrest’s Measured and Indicated Mineral Resource estimate reflects its strategy of defining high value Mineral Resources that will support the development of a high margin underground block cave at Red Chris. Inferred Mineral Resources 190Mt @ 0.31 g/t gold and 0.30% copper for 1.9Moz contained gold and 0.57Mt contained copper, including: Open Pit – 11Mt @ 0.23 g/t gold and 0.27% copper for 0.084Moz contained gold and 0.031Mt contained copperUnderground – 180Mt @ 0.32 g/t gold and 0.30% copper for 1.8Moz contained gold and 0.54Mt contained copper Newcrest’s Inferred Mineral Resource estimate reflects its focus of operating a higher value, smaller open pit and developing a larger underground mine. Growth drilling to further define Inferred Mineral Resources for bulk extractable underground mining options is currently underway. Newcrest expects to publish the results from these activities within its upcoming exploration reports. Table 1 – 31 December 2020 Gold Measured and Indicated Mineral Resource Red Chris Gold (100%)Measured ResourceIndicated ResourceMeasured and Indicated Mineral ResourceGold Measured and Indicated Mineral ResourcesDry Tonnes (million)Gold Grade(g/t Au)Insitu Gold (million ounces)Dry Tonnes (million)Gold Grade (g/t Au)Insitu Gold (million ounces)Dry Tonnes (million)Gold Grade (g/t Au)Insitu Gold (million ounces)Red Chris Open Pit (incl.stockpiles)9.80.150.0483000.282.73100.282.7Red Chris Underground---6700.46106700.4610Total Red Chris Province9.80.150.0489700.41139800.4113 Table 2 – 31 December 2020 Gold Inferred Mineral Resource Red Chris Gold (100%)Inferred Mineral Resource Gold Inferred Mineral ResourcesDry Tonnes (million)Gold Grade(g/t Au)Insitu Gold (million ounces) Red Chris Open Pit (incl.stockpiles)110.230.084 Red Chris Underground1800.321.8 Total Red Chris Province1900.311.9 NOTE: Data is reported to two significant figures to reflect appropriate precision in the estimate and this may cause some apparent discrepancies in totals. Data represents 100% of the Mineral Resource for Red Chris. Imperial’s joint venture interest in the Mineral Resource is 30%. Table 3 – 31 December 2020 Copper Measured and Indicated Mineral Resource Red Chris Copper (100%)Measured ResourceIndicated ResourceMeasured and Indicated Mineral ResourceCopper Measured and IndicatedMineral ResourcesDry Tonnes (million)Copper Grade(% Cu)Insitu Copper(million ounces)Dry Tonnes (million)Copper Grade (% Cu)Insitu Copper (million ounces)Dry Tonnes (million)Copper Grade (% Cu)Insitu Copper (million ounces)Red Chris Open Pit (incl.stockpiles)9.80.230.0233000.341.03100.341.0Red Chris Underground---6700.402.76700.402.7Total Red Chris Province9.80.230.0239700.383.79800.383.7 Table 4 – 31 December 2020 Copper Inferred Mineral Resource Red Chris Copper (100%)Inferred Mineral Resource Copper Inferred Mineral ResourcesDry Tonnes (million)Copper Grade(% Cu)Insitu Copper(million ounces) Red Chris Open Pit (incl.stockpiles)110.270.031 Red Chris Underground1800.300.54 Total Red Chris Province1900.300.57 NOTE: Data is reported to two significant figures to reflect appropriate precision in the estimate and this may cause some apparent discrepancies in totals. Data represents 100% of the Mineral Resource for Red Chris. Imperial’s joint venture interest in the Mineral Resource is 30%. Exploration Potential Newcrest’s resource definition drilling to date has focused on the East Zone which has enhanced its understanding of high grade continuity while allowing critical metallurgical and geotechnical data to be collected to support the PFS and the initial Newcrest Ore Reserve estimate. The Brownfields Exploration program is focused on the discovery of additional zones of higher grade mineralization within the Red Chris porphyry corridor, including targets outside of the Mineral Resource. A total of 109,177 metres of drilling from 92 drill holes have been drilled since Newcrest acquired its interest in the joint venture. Drilling continues to return significant intercepts across the entire porphyry corridor. Brownfields exploration drilling activities are currently focused on the following three areas: In the East Zone, drilling continues to confirm the potential for additional high grade mineralization south of the South Boundary Fault. The South Boundary Fault currently defines the southern extent of mineralization across the East Zone, Main Zone and Gully Zone. In the Main Zone, drilling has confirmed the potential for further higher grade mineralization which could support additional mineral resources, beneath and to the south west of the open pit. The mineralization is located immediately adjacent to the South Boundary Fault and is open at depth and along strike. Drilling to define the extent and continuity of this potential high grade mineralization is underway. At East Ridge, located adjacent to the East Zone, Newcrest’s first hole discovered a new zone of higher grade mineralization. The style of mineralization and grade tenor is similar to that seen in the high grade pods from the East Zone. The intercept, a 300 metre step out east of the East Zone, is located south of the South Boundary Fault and is open in all directions and extends the eastern side of the porphyry corridor. Drilling to define the extent and continuity of this high grade mineralization is underway. Plan view and cross section maps are available on imperialmetals.com. Qualified Person Greg Gillstrom, P.Eng., Imperial Senior Geological Engineer, is the designated Qualified Person for the purpose of National Instrument 43-101. Mr. Gillstrom has reviewed and verified the scientific and technical information in this news release. --- About Imperial Imperial is a Vancouver based exploration, mine development and operating company. The Company, through its subsidiaries, owns a 30% interest in the Red Chris mine, and a 100% interest in both the Mount Polley and Huckleberry copper mines in British Columbia. Imperial also holds a 45.3% interest in the Ruddock Creek lead/zinc property. Company Contacts Brian Kynoch | President | 604.669.8959Jim Miller-Tait | Vice President Exploration | 604.488.2676 Sabine Goetz | Shareholder Communications | 604.488.2657 | investor@imperialmetals.com Cautionary Note Regarding Forward-Looking Statements Certain information contained in this news release are not statements of historical fact and are “forward-looking” statements. Forward-looking statements relate to future events or future performance and reflect Company management’s expectations or beliefs regarding future events and include, but are not limited to, statements regarding the Company’s expectations with respect to mineral resource estimates at the Red Chris mine; expectations and timing regarding a pre-feasibility study initiated by Newcrest and the release of ore reserve estimates and current and planned drilling programs at Red Chris. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "outlook", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on information currently available to the Company as well as the Company’s current beliefs and assumptions. These factors and assumptions and beliefs and assumptions include, the risk factors detailed from time to time in the Company’s interim and annual financial statements and management’s discussion and analysis of those statements, all of which are filed and available for review on SEDAR at sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended, many of which are beyond the Company’s ability to control or predict. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and all forward-looking statements in this news release are qualified by these cautionary statements.
30 Mar, 2021
Melbourne, Australia--(Newsfile Corp. - March 30, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce its initial Mineral Resource estimate for the Red Chris mine located in British Columbia, Canada. Red Chris is operated by Newcrest under a Joint Venture Agreement with Imperial Metals Corporation (Imperial Metals). Since becoming operator in August 2019, Newcrest has embarked on an extensive work program to define the potential of block ...
23 Mar, 2021
Melbourne, Australia--(Newsfile Corp. - March 23, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announced today that it has commenced the mandatory redemption of the outstanding US$380 million of its 4.200% Senior Guaranteed Notes maturing 1 October 2022 (the "2022 Notes").The 2022 Notes were issued by Newcrest Finance Pty Limited (ISIN: US65120FAC86 (Rule 144A) / USQ66511AC26 (Reg S)) (CUSIP: 65120F AC8 / Q66511 AC2) under the Indenture dated 1 October 2012 ...
19 Mar, 2021
Melbourne, Australia--(Newsfile Corp. - March 18, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is currently assessing the implications of the two-week travel suspension announced by the Australian Government between Papua New Guinea and Australia.Newcrest is working closely with the Australian Government to better understand details of the travel suspension and to determine and mitigate any potential impacts.The Lihir operation is currently undergoing a planned maintenance shutdown and is in the ...
14 Mar, 2021
How far off is Newcrest Mining Limited ( ASX:NCM ) from its intrinsic value? Using the most recent financial data...
10 Mar, 2021
HighlightsAt Red Chris, new zones of higher grade mineralisation intersected at East Ridge and south of the South Boundary Fault:At East Ridge, hole RC678, returned 198m @ 0.89g/t Au & 0.83% Cu from 800m, including 76m @ 1.8g/t Au and 1.5% Cu from 908m. East Ridge is located 300m east of East Zone and the new intercept is open in all directions.Drilling at East Zone has intersected higher grade mineralisation south of the South ...
02 Mar, 2021
Melbourne, Australia--(Newsfile Corp. - March 2, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce that it has renewed its unsecured bilateral bank lending facilities with its existing 13 bank lenders, extending the maturity dates.Each bank has committed approximately US$154 million in facilities for an overall unchanged quantum of US$2 billion on similar commercial terms for Newcrest.The facilities have tenors of three or five years, the aggregate of ...
15 Feb, 2021
Readers hoping to buy Newcrest Mining Limited ( ASX:NCM ) for its dividend will need to make their move shortly, as the...
12 Feb, 2021
It's been a good week for Newcrest Mining Limited ( ASX:NCM ) shareholders, because the company has just released its...
11 Feb, 2021
(figures are in US$ except where stated) Melbourne, Australia--(Newsfile Corp. - February 10, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) delivers record free cash flow, lifts dividend and identifies opportunity to unlock significant value at Lihir(1),(2),(13),(21) Strong operating performance and gold price underpins record free cash flow in December half ...
Melbourne, Australia--(Newsfile Corp. - February 10, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) has updated its Mineral Resource and Ore Reserve estimates for the twelve month period ending 31 December 2020 following a review of all production sources. The review has taken into account divestments and acquisitions, long-term metal prices, foreign exchange rates and cost assumptions, as well as mining and metallurgy performance to inform cut-off grades and physical mining parameters. ...
10 Feb, 2021
Australia's Newcrest Mining Ltdon Thursday posted an underlying half-year profit that nearlydoubled as it benefitted from higher realised gold prices and arise in production at its flagship mine in New South Wales. Realised gold prices were $1,826 per ounce, compared with$1,446 a year earlier, Newcrest said in a statement. Newcrest declared an interim dividend of 15 cents per share,while targeting a total annual dividend payout of 30-60% of freecash flow.
Melbourne, Australia--(Newsfile Corp. - February 10, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce that it has commenced construction of the box-cut for the exploration decline at its Red Chris mine in British Columbia, following receipt of the necessary regulatory approvals. The Newcrest Board has also approved C$135 million (on a 100% basis) of funding for the construction of the exploration decline and associated infrastructure and permitting ...
31 Jan, 2021
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
28 Jan, 2021
HighlightsHavieron Project initial Inferred Mineral Resource estimate - 52Mt @ 2.0g/t Au and 0.31% Cu for 3.4Moz Au and 160Kt Cu(1)Increased Paterson Province total landholding to ~3,200km2 - by entering into the Juri Joint VentureDrilling intersected a new zone of higher grade mineralisation at Red Chris - 100m west of the open pit, with hole RC666 returning 194m @ 0.62g/t Au & 0.46% Cu from 476m, including 76m @ 1.2g/t Au and 0.75% Cu ...

NCM Dividend Payments

EX-Date Dividend Amount
2010-03-22$0.0500
2010-09-27$0.2000
2011-03-21$0.1000
2011-09-26$0.2000
2011-11-21$0.2000
2012-03-19$0.1200
2012-09-24$0.2300
2013-03-18$0.1200
2016-09-21$0.0982
2017-03-22$0.0979
2017-09-20$0.0942
2018-03-21$0.0969
2018-08-28$0.1505
2019-02-20$0.1047
2019-08-22$0.2146
2020-02-20$0.1136
2020-08-21$0.2438
2021-02-18$0.1931

NCM Dividends (last 10 Years)