About the AuthorMineFund.com metrics show that the enlarged Newcrest will boast 72 million ounces of gold reserves supporting annual production of 2.7 million ounces at cash costs of just $396 per ounce. Reserve life is an industry leading 26 years. On a proforma basis the company's shares are trading at a little over two-fifths their implied reserve value, somewhat weaker than competitors.
By Minefund.com | July 7, 2011
By Minefund.com | May 4, 2010