Newcrest Mining

Newcrest Mining (NCM)

Stock Code

NCM

Stock Exchange

ax

Newcrest Mining Limited (NCM), engaged in gold and copper exploration, development, mining and sales is now the largest producer of gold in Australia and one of the top 10 gold mining companies in the world when it comes to production, reserves and capitalisation in the market. NCM was listed on the Australian Stock Exchange on the 4th of June 1987. The average annual revenue of Newcrest Mining Limited reaches approximately $1 billion out of its issued capital of approximately $334 million.

US$1 Billion Corporate Bonds Issued by Newcrest Mining


Australia's largest gold mining company, Newcrest Mining (ASX:NCM) have issues US$1 billion in corporate bonds in a bid to repay the company's $2.5 billion debt.

  • Newcrest's bonds include $US750 million in senior unsecured notes, due 1 October 2022 with a coupon of 4.2 percent.
  • There was a further issue of $US250 million of senior unsecured notes, due 15 November 2041, with a coupon of 5.75 per cent.

Newcrest's Lihir Mine Production Down 25%


Australia's largest gold miner, Newcrest Mining (ASX:NCM) has production down 25 percent due to an electrical system problem.

  • Newcrest expects the plant to return to full capacity within 10 days.
  • A company statement said, "Newcrest's maintenance team and the equipment manufacturer are addressing the issue and are working to have the plant ready for restart in the coming few days."

Newcrest Profit Results


Gold miner, Newcrest Mining (NCM) has released its full year results.

  • Full year underlying profit slightly higher at $1.08 billion.
  • While gold prices were higher, there were production shortfalls.
  • Dividends increased with annual payments to increase by 17 percent.
  • Produced 2.28 million ounces of gold in the year. Guidance for 2013: 2.3 and 2.5 million ounces. 2017 production target of 3.5 million.

Newcrest Shares Decline as Gold Production Falls


Shares in Newcrest Mining (NCM) have declined by 99 per cent at $30.08 yesterday after the market reacted to the downgrade in the company's gold production in Monday. The share prices were shortly below $30 before the day ended to its closing price, which is currently the lowest the company has plumbed in more than 27 months.

Power Failure Cuts Newcrest Gold Forecast


Newcrest Mining (NCM) has slashed its guidance for 2011 after a failure at its Lihir Island mine power station. The gold miner bought Lihir for $10 billion last year and it could now cost the company $170 million in annual revenue.

Newcrest Reduces Gold Guidance


After a reported 16 percent dip in the March quarter, the country's largest gold producer, Newcrest Mining, (ASX:NCM), reduced its full-year guidance for gold production to approximately 2.82 million ounces, citing flooding at its Bonikro mine in the Ivory Coast.

Newcrest Gold Mines a Half Year Profit of $439 Million


Australia's largest gold miner, Newcrest Mining (ASX:NCM) have announced a 148 percent increase in half year profit to $439 million (compared to $176 million in the previous corresponding period) from increased gold prices, higher sales as well as the acquisition of more mines. Newcrest has produced 70 percent more gold compared to the last six months of 2009 and produced 1,397,002 ounces of gold.

Newcrest Mining Record Profits


Australian Gold and Copper mining company, Newcrest Mining (ASX:NCM) have announced record profits, more than doubling their net profits to $556.9 million. For the year ended 30 June 2010 Newcrest reported Underlying Profit of $763.7 million, an increase of 58% over the prior year result of $483.1 million. The company pinned down the reasons for the significant increase in profit to "increased gold production, lower operating costs and higher commodity prices."

Newcrest Mining Dividends

9 August, 2010 - 21:54

Study the historical dividends for NEWCREST MINING LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive NCM dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the NCM dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.

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