Newcrest Mining Limited (ASX:NCM) is the largest gold producer listed on the Australian Securities Exchange and one of the world’s largest gold mining companies. As of 2018, its major operations in New South Wales’ Cadia Valley, Telfer in Western Australia, Gosowong in Indonesia, and Lihir in Papua New Guinea (PNG).
If you’re on the hunt for bargain ASX income shares, it might be a good time to start researching shares like BHP Group Ltd (ASX:BHP), Newcrest Mining Limited (ASX:NCM) and Commonwealth Bank of Australia (ASX:CBA).
The S&P/ASX 200 (ASX: XJO) is expected to trade up today with the Sydney Futures Exchange pointing to a positive open.
The S&P/ASX 200 (ASX: XJO) finished Friday 3.25% lower, following the Dow Jones and NASDAQ 100 indices. WiseTech (ASX:WTC) and Afterpay (ASX:APT) shares were amongst the worst performers.
Newcrest Mining Ltd (ASX:NCM) today announced it has acquired an additional 10.98 million shares in Lundin Gold Inc from Canada’s Kinross Gold Corporation (TSE: K) for $C79.6 million ($88 million).
If the share market is declining, is cash the best defence? Is cash truly king in that situation?
Shares in gold miner Northern Star Resources Ltd (ASX:NST) are down 8% today following two announcements from the company.
Newcrest Mining Limited (ASX:NCM) shares will be on watch this morning after it announced news about its Cadia Expansion Project.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.14% on Monday.
Shares in Newcrest Mining Limited (ASX:NCM) are bucking the trend this morning trading up by more than 3%. But, its big payday might require an economic meltdown.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.16% at lunch.