#Wafi-Golpu
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Papua New Guinea's decade of growth begins
As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our editorial team spoke exclusively to dozens of business leaders to understand how they are preparing for imminent growth – and what challenges they face. Here’s what they told us. ExxonMobil’s Kumul marine terminal at Caution Bay outside Port Moresby. PNG’s LNG exports…
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#Bank of Papua New Guinea#ExxonMobil PNG#International Monetary Fund (IMF)#New Porgera#Papua LNG#Puma Energy#TotalEnergies#Wafi-Golpu
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WGJV concern over snake attacks
New Post has been published on https://petn.ws/Ge2oz
WGJV concern over snake attacks
WAFI-GOLPU Joint Venture is urging its communities to practice safety following recent snake bite incidents in the project footprint areas. A 44-year-old man was rushed to ANGAU Memorial Provincial Hospital on April 23 by WGJV medical staff after being bitten by a snake while attending to his garden. The man is from Venembeli village of […]
See full article at https://petn.ws/Ge2oz #ExoticPetNews
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RNZ Pacific 1309 10 Nov 2022
7390Khz 1258 10 NOV 2022 - RNZ PACIFIC (NEW ZEALAND) in ENGLISH from RANGITAIKI. SINPO = 55344. English, @1258z s/on w/bellbird int. until pips and news @1300z anchored by Lydia Lewis. Fiji's Director of Public Prosecutions, Christopher Pryde, has instructed the Police not to lay any charges against National Federation Party leader Professor Biman Prasad. Prasad had been interviewed by police but released on bail to appear in court on November 15 pending the filing of charges, which were not laid. Police were acting on a complaint from a woman who alleged Prasad had indecently annoyed her on two separate occasions earlier this year. Speaking at the COP27 climate summit in Egypt, Tuvalu's Prime Minister Kausea Natano said, "the warming seas are starting to swallow our lands, inch by inch. But the world's addiction to oil, gas, and coal can't sink our dreams under the waves. We, therefore, unite with a hundred Nobel Peace Prize laureates and thousands of scientists worldwide and urge leaders to join the Fossil Fuel Non-Proliferation Treaty to manage a just transition away from fossil fuels." A leading expert on climate refugees says the world needs to come to grips with the issue to avoid chaos at countries' borders. Bahamas Prime Minister Philip Davis told the COP27 UN climate conference in Egypt overnight that rich countries must slash climate emissions or eventually face dealing with potentially tens of millions of climate refugees. Palau has raised the issue of its prized jellyfish and the economic impact of losing millions of them, during talks at Cop27 in Egypt. The country's president, Surangel Whipps Jr, said extreme heat has killed more than 30 million of the animals in Jellyfish Lake. Whipps said this was the third known event after it also happened in 1997 and 2017, and each time the jellyfish disappeared for two years. He said Palau was at risk of losing a critical component of its tourism industry, further decimating its economy. Snorkeling in Jellyfish Lake is a popular activity for tourists to Palau. Greenpeace New Zealand is asking people of the Pacific to share their views on deep-sea mining in a new online survey translated into nine Pacific languages. Greenpeace Aotearoa seabed mining campaigner James Hita said the movement to halt deep sea mining is strong and growing. Concerns were raised over the dumping of tailings waste from the Wafi Golpu mine in Papua New Guinea. US/Japan war games in the east china sea as an answer to Chinese aggression. Sports. @1309z "Pacific Waves" anchored by Koroi Hawkins. Backyard fence antenna, Etón e1XM. 100kW, beamAz 35°, bearing 240°. Received at Plymouth, United States, 12912KM from transmitter at Rangitaiki. Local time: 0658.
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Swire Shipping launches Container Sales and Leasing business unit
Swire Shipping recently launched a new container sales and leasing unit to cater for the growing need for secure storage solutions for clients in Papua New Guinea. In addition to catering to the demand for secure storage, this business will provide a vehicle for Swire Shipping to find uses for their end-of-life containers. The end uses for used shipping containers are numerous, including: domestic secure storage; conversion into accommodation or site office units; and even drying units for crops such as cocoa and vanilla. With major domestic PNG infrastructure projects, such as LNG, Wafi-Golpu gold, Frieda River gold and major road network upgrades coming closer to fruition, Swire Shipping is well placed to cater to the huge demand from these sectors too. The team intends to expand to other locations in the Pacific Islands soon so stay tuned with our eNewsletter for the latest updates. If you are interested to know more about Container Sales and Leasing or how our team can help you with your storage needs, please reach out for more information.
https://info.swireshipping.com/latest-news/swire-shipping-launches-container-sales-and-leasing-business-unit/
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Group wants Wafi-Golpu mining town at home — Papua New Guinea Mine Watch The National aka The Loggers Times | September 12, 2018 The people of the Mumeng local- level government in Bulolo district, Morobe, do not want Wafi-Golpu’s mining town to be in the Huon Gulf district.
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Wafi-Golpu should consider Land-based waste plant. AN engineer in Papua New Guinea has suggested a land-based waste processing plant to be used in the US$5 billion (K17.18bil) Wafi-Golpu mining project in Morobe.
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Australian Gold Miner Achieves Strong Q2 FY19 Production, Maintains Full-Year Guidance
Source: Streetwise Reports 02/06/2019
A CIBC report reviewed the production levels this metals company achieved and the capital it spent during the quarter.
In a Jan. 30 research note, analyst Anita Soni reported Newcrest Mining Ltd.’s (NCM:ASX) gold and copper production in Q2 FY19 (ended Dec. 31, 2018) were a beat.
Newcrest produced 655,000 ounces (655 Koz) of gold in Q2 FY19, 19% higher than “the relatively weak Q1 FY19,” Soni wrote, and higher than CIBC’s estimate of 642 Koz. As for copper, the company output 27,000 tons (27 Kt), above CIBC’s forecast of 26 Kt.
The company’s production beat is attributed to a record quarter at the Cadia operations due to higher grades and throughput. The strong performance at Cadia helped offset small shortfalls at other mines.
Newcrest’s all-in sustaining cost for Q2 FY19 also came in better than expected. It amounted $720 per ounce versus CIBC’s projection of $755 per ounce.
The gold miner plans to announce H1 FY19 financial results on Feb. 14.
Soni also reported that Newcrest maintained its production guidance for full-year FY19: For gold, it is 2.352.6 million ounces; for copper, it is 100110 Kt. Capex guidance for FY19 is $590690 million and, the analyst noted, should fall in the low end of that range.
The gold major, Soni concluded, “continues to offer appealing long-term potential with the ramp-up of Cadia, the expansion of Lihir and the potential development of Wafi-Golpu.”
CIBC has a Neutral rating and an AU$27 per share price target on Newcrest, whose current share price is about AU$24.51.
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Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
Disclosures from CIBC, Newcrest Mining Ltd., January 30, 2019
Analyst Certification: Each CIBC World Markets Corp./Inc. research analyst named on the front page of this research report, or at the beginning of any subsection hereof, hereby certifies that (i) the recommendations and opinions expressed herein accurately reflect such research analyst’s personal views about the company and securities that are the subject of this report and all other companies and securities mentioned in this report that are covered by such research analyst and (ii) no part of the research analyst’s compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by such research analyst in this report.
Analysts employed outside the U.S. are not registered as research analysts with FINRA. These analysts may not be associated persons of CIBC World Markets Corp. and therefore may not be subject to FINRA Rule 2241 restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account.
Potential Conflicts of Interest: Equity research analysts employed by CIBC World Markets Corp./Inc. are compensated from revenues generated by various CIBC World Markets Corp./Inc. businesses, including the CIBC World Markets Investment Banking Department. Research analysts do not receive compensation based upon revenues from specific investment banking transactions. CIBC World Markets Corp./Inc. generally prohibits any research analyst and any member of his or her household from executing trades in the securities of a company that such research analyst covers. Additionally, CIBC World Markets Corp./Inc. generally prohibits any research analyst from serving as an officer, director or advisory board member of a company that such analyst covers.
In addition to 1% ownership positions in covered companies that are required to be specifically disclosed in this report, CIBC World Markets Corp./Inc. may have a long position of less than 1% or a short position or deal as principal in the securities discussed herein, related securities or in options, futures or other derivative instruments based thereon.
Recipients of this report are advised that any or all of the foregoing arrangements, as well as more specific disclosures set forth below, may at times give rise to potential conflicts of interest.
Important Disclosure Footnotes for Newcrest Mining Ltd. (NCM)
CIBC World Markets Inc. expects to receive or intends to seek compensation for investment banking services from Newcrest Mining Ltd. in the next 3 months.
( Companies Mentioned: NCM:ASX, )
from The Gold Report – Streetwise Exclusive Articles Full Text http://bit.ly/2E24B01
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Economic update 2023: Papua New Guinea's year of gearing up
Economic update 2023: Papua New Guinea's year of gearing up #png #pngbusiness #economicupdate
With the worst of the COVID pandemic behind it, Papua New Guinea is preparing itself for a decade of sustained economic growth. While the investments that will drive this growth are still being finalised, business leaders tell Business Advantage PNG the country is already starting to get ready. Port Moresby’s old port site has been cleared for redevelopment by state-owned Kumul Consolidated…
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Australian Gold Miner Achieves Strong Q2 FY19 Production, Maintains Full-Year Guidance
Source: Streetwise Reports 02/06/2019
A CIBC report reviewed the production levels this metals company achieved and the capital it spent during the quarter.
In a Jan. 30 research note, analyst Anita Soni reported Newcrest Mining Ltd.'s (NCM:ASX) gold and copper production in Q2 FY19 (ended Dec. 31, 2018) were a beat.
Newcrest produced 655,000 ounces (655 Koz) of gold in Q2 FY19, 19% higher than "the relatively weak Q1 FY19," Soni wrote, and higher than CIBC's estimate of 642 Koz. As for copper, the company output 27,000 tons (27 Kt), above CIBC's forecast of 26 Kt.
The company's production beat is attributed to a record quarter at the Cadia operations due to higher grades and throughput. The strong performance at Cadia helped offset small shortfalls at other mines.
Newcrest's all-in sustaining cost for Q2 FY19 also came in better than expected. It amounted $720 per ounce versus CIBC's projection of $755 per ounce.
The gold miner plans to announce H1 FY19 financial results on Feb. 14.
Soni also reported that Newcrest maintained its production guidance for full-year FY19: For gold, it is 2.352.6 million ounces; for copper, it is 100110 Kt. Capex guidance for FY19 is $590690 million and, the analyst noted, should fall in the low end of that range.
The gold major, Soni concluded, "continues to offer appealing long-term potential with the ramp-up of Cadia, the expansion of Lihir and the potential development of Wafi-Golpu."
CIBC has a Neutral rating and an AU$27 per share price target on Newcrest, whose current share price is about AU$24.51.
Sign up for our FREE newsletter at: www.streetwisereports.com/get-news
Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
Disclosures from CIBC, Newcrest Mining Ltd., January 30, 2019
Analyst Certification: Each CIBC World Markets Corp./Inc. research analyst named on the front page of this research report, or at the beginning of any subsection hereof, hereby certifies that (i) the recommendations and opinions expressed herein accurately reflect such research analyst's personal views about the company and securities that are the subject of this report and all other companies and securities mentioned in this report that are covered by such research analyst and (ii) no part of the research analyst's compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by such research analyst in this report.
Analysts employed outside the U.S. are not registered as research analysts with FINRA. These analysts may not be associated persons of CIBC World Markets Corp. and therefore may not be subject to FINRA Rule 2241 restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account.
Potential Conflicts of Interest: Equity research analysts employed by CIBC World Markets Corp./Inc. are compensated from revenues generated by various CIBC World Markets Corp./Inc. businesses, including the CIBC World Markets Investment Banking Department. Research analysts do not receive compensation based upon revenues from specific investment banking transactions. CIBC World Markets Corp./Inc. generally prohibits any research analyst and any member of his or her household from executing trades in the securities of a company that such research analyst covers. Additionally, CIBC World Markets Corp./Inc. generally prohibits any research analyst from serving as an officer, director or advisory board member of a company that such analyst covers.
In addition to 1% ownership positions in covered companies that are required to be specifically disclosed in this report, CIBC World Markets Corp./Inc. may have a long position of less than 1% or a short position or deal as principal in the securities discussed herein, related securities or in options, futures or other derivative instruments based thereon.
Recipients of this report are advised that any or all of the foregoing arrangements, as well as more specific disclosures set forth below, may at times give rise to potential conflicts of interest.
Important Disclosure Footnotes for Newcrest Mining Ltd. (NCM)
CIBC World Markets Inc. expects to receive or intends to seek compensation for investment banking services from Newcrest Mining Ltd. in the next 3 months.
( Companies Mentioned: NCM:ASX, )
from https://www.streetwisereports.com/article/2019/02/06/australian-gold-miner-achieves-strong-q2-fy19-production-maintains-full-year-guidance.html
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In brief: Oil Search cuts 2019 capital s
In brief: Oil Search cuts 2019 capital s
In brief: Oil Search cuts 2019 capital spending budget and other business stories – businessadvantagepng.com – In brief: Oil Search cuts 2019 capital spending budget and other business stories businessadvantagepng.com Oil Search cuts its 2019 capital spending budget, delays in the Wafi-Golpu project, and Bank South Pacific reports liquidity in Papua New Guinea’s banking … http://ow.ly/vAB550v7p5K
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U.S, allies propose financing for power plant for Papua New Guinea gold mine
U.S, allies propose financing for power plant for Papua New Guinea gold mine
* U.S., allies look to aid start up of Wafi-Golpu project
* Wafi-Golpu to produce 270,000 ounces of gold a year – UBS
* U.S., partners vie for influence with China in Pacific
By Colin Packham
SYDNEY, May 6 (Reuters) – The United States and a group of Pacific allies are proposing to finance a power plant to kick-start the Wafi-Golpu mine in Papua New Guinea, one of the world’s largest untapped…
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On the Fight against Signing of the MOU on Wafi- Golpu Mining Project 24th February 2020
On 11th December 2018, the State signed a so called “Memorandum of Understanding” with the Developers of the Wafi- Golpu Gold Mine in Morobe. The signing was publicized widely via print and electronic media including coverage on EMTV. As the Elected Governor of Morobe Province, I was notable absentee at the signing. This press statement calls upon those whose signature appear on the MOU to come…
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Australian Gold Miner Achieves Strong Q2 FY19 Production, Maintains Full-Year Guidance
Source: Streetwise Reports 02/06/2019
A CIBC report reviewed the production levels this metals company achieved and the capital it spent during the quarter.
In a Jan. 30 research note, analyst Anita Soni reported Newcrest Mining Ltd.'s (NCM:ASX) gold and copper production in Q2 FY19 (ended Dec. 31, 2018) were a beat.
Newcrest produced 655,000 ounces (655 Koz) of gold in Q2 FY19, 19% higher than "the relatively weak Q1 FY19," Soni wrote, and higher than CIBC's estimate of 642 Koz. As for copper, the company output 27,000 tons (27 Kt), above CIBC's forecast of 26 Kt.
The company's production beat is attributed to a record quarter at the Cadia operations due to higher grades and throughput. The strong performance at Cadia helped offset small shortfalls at other mines.
Newcrest's all-in sustaining cost for Q2 FY19 also came in better than expected. It amounted $720 per ounce versus CIBC's projection of $755 per ounce.
The gold miner plans to announce H1 FY19 financial results on Feb. 14.
Soni also reported that Newcrest maintained its production guidance for full-year FY19: For gold, it is 2.352.6 million ounces; for copper, it is 100110 Kt. Capex guidance for FY19 is $590690 million and, the analyst noted, should fall in the low end of that range.
The gold major, Soni concluded, "continues to offer appealing long-term potential with the ramp-up of Cadia, the expansion of Lihir and the potential development of Wafi-Golpu."
CIBC has a Neutral rating and an AU$27 per share price target on Newcrest, whose current share price is about AU$24.51.
Sign up for our FREE newsletter at: www.streetwisereports.com/get-news
Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
Disclosures from CIBC, Newcrest Mining Ltd., January 30, 2019
Analyst Certification: Each CIBC World Markets Corp./Inc. research analyst named on the front page of this research report, or at the beginning of any subsection hereof, hereby certifies that (i) the recommendations and opinions expressed herein accurately reflect such research analyst's personal views about the company and securities that are the subject of this report and all other companies and securities mentioned in this report that are covered by such research analyst and (ii) no part of the research analyst's compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by such research analyst in this report.
Analysts employed outside the U.S. are not registered as research analysts with FINRA. These analysts may not be associated persons of CIBC World Markets Corp. and therefore may not be subject to FINRA Rule 2241 restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account.
Potential Conflicts of Interest: Equity research analysts employed by CIBC World Markets Corp./Inc. are compensated from revenues generated by various CIBC World Markets Corp./Inc. businesses, including the CIBC World Markets Investment Banking Department. Research analysts do not receive compensation based upon revenues from specific investment banking transactions. CIBC World Markets Corp./Inc. generally prohibits any research analyst and any member of his or her household from executing trades in the securities of a company that such research analyst covers. Additionally, CIBC World Markets Corp./Inc. generally prohibits any research analyst from serving as an officer, director or advisory board member of a company that such analyst covers.
In addition to 1% ownership positions in covered companies that are required to be specifically disclosed in this report, CIBC World Markets Corp./Inc. may have a long position of less than 1% or a short position or deal as principal in the securities discussed herein, related securities or in options, futures or other derivative instruments based thereon.
Recipients of this report are advised that any or all of the foregoing arrangements, as well as more specific disclosures set forth below, may at times give rise to potential conflicts of interest.
Important Disclosure Footnotes for Newcrest Mining Ltd. (NCM)
CIBC World Markets Inc. expects to receive or intends to seek compensation for investment banking services from Newcrest Mining Ltd. in the next 3 months.
( Companies Mentioned: NCM:ASX, )
from The Gold Report - Streetwise Exclusive Articles Full Text http://bit.ly/2E24B01
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In brief: Papua LNG project to put Papua New Guinea as leading LNG exporter, and other business stories
In brief: Papua LNG project to put Papua New Guinea as leading LNG exporter, and other business stories #PNG
Papua LNG project to put PNG as fourth-ranking exporter, Abel proposes joint coastguard patrols, and one kina chocolate bar on sale locally. Your weekly digest of the latest business news.
The successful development of the Elk-Antelope field will place PNG firmly among the ranks of the world’s largest LNG exporters, according to financial analysts Fitch Solutions.Its 2019 outlook says the…
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#Department of Petroleum and Energy#National Capital District Commission#Nautilus Minerals#Papua LNG#Paradise Foods#Wafi-Golpu#Westpac
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Coverage Initiated on Senior Australian Gold Miner, a 'Best-in-Class Mining Company'
Source: Streetwise Reports 12/13/2018
A BMO Capital Markets report summarized the investment thesis for this company.
In a Dec. 7 research note, analyst Andrew Kaip reported BMO Capital Markets initiated coverage on Newcrest Mining Ltd. (NCM:ASX) with a Market Perform rating and an AU$23 per share target price. The stock is currently trading at around AU$20.67 per share.
"Newcrest meets BMO's criteria for a best-in-class mining company," Kaip noted, with "strong execution and above average outlook in addition to peer-leading returns since restructuring began four years ago and industry-leading asset base and reserve life."
Company risks include concentration of assets, decreasing gold production at Cadia as of 2020 and heightened jurisdictional risk with Ecuador exposure and surrounding development of Wafi-Golpu, the joint venture project in Papua New Guinea.
In light of these issues, Newcrest is "reasonably valued," Kaip noted. The company could trade at a premium valuation, but that would require it to add to its asset portfolio to increase production and lower jurisdictional risk.
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Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are sponsors of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
Disclosures from BMO Capital Markets, Newcrest Mining, December 7, 2018
IMPORTANT DISCLOSURES
Analyst's Certification I, Andrew Kaip, hereby certify that the views expressed in this report accurately reflect my personal views about the subject securities or issuers. I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this report.
Analysts who prepared this report are compensated based upon (among other factors) the overall profitability of BMO Capital Markets and their affiliates, which includes the overall profitability of investment banking services. Compensation for research is based on effectiveness in generating new ideas and in communication of ideas to clients, performance of recommendations, accuracy of earnings estimates, and service to clients.
Analysts employed by BMO Nesbitt Burns Inc. and/or BMO Capital Markets Limited are not registered as research analysts with FINRA. These analysts may not be associated persons of BMO Capital Markets Corp. and therefore may not be subject to the FINRA Rule 2241 restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account.
Company Specific Disclosures Disclosure 16: A research analyst has extensively viewed the material operations of Newcrest Mining. Disclosure 17: Newcrest Mining has paid or reimbursed some or all of the research analyst's travel expenses. Disclosure 18: A redacted draft of this report was previously shown to Newcrest Mining (for fact checking purposes) and changes were made to the report before publication.
For Important Disclosures on the stocks discussed in this report, please click here.
( Companies Mentioned: NCM:ASX, )
from https://www.streetwisereports.com/article/2018/12/13/coverage-initiated-on-senior-australian-gold-miner-a-best-in-class-mining-company.html
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Newcrest Mining Releases an Updated Wafi-Golpu Feasibility Study Newcrest Mining Limited (Newcrest) has today released an updated Wafi-Golpu Feasibility Study prepared by the Wafi-Golpu Joint Venture (WGJV) project team.
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