1、NCMAnnual Report 2002Newcrest Mining LimitedVision ChallengeTransformation()Newcrest Mining LimitedABN:20 005 683 625Notice of MeetingNotice is hereby given that the 22nd Annual General Meeting will be held at the Hotel Intercontinental,117 Macquarie Street,Sydney on Wednesday,30 October 2002 at 12.
2、30pm.NCMThe Cover:NCM:Australian Stock Exchange listing for Newcrest Mining LimitedPhoto:Portal Conveyor Ridgeway Gold Mine,New South Wales,AustraliaContents Strategy1Performance2Financial Performance3Chairmans Review4Managing Director and Chief Executive Officers Report6Senior Management11Operation
3、s Review18Projects Review23Mineral Resources and Ore Reserves26Exploration30Human Resources32Safety and Health34Environment36Board of Directors38Corporate Governance39Financial Analysis41Directors Report43Discussion and Analysis of theFinancial Statements49Statement of Financial Performance51Stateme
4、nt of Financial Position52Statement of Cash Flows53Notes to the Concise Financial Report54Directors Declaration 63Independent Audit Report64Five Year Summary65Shareholder Information66Corporate Directory68Newcrest Mining Annual Report 20021In 2002 Newcrests strategy of focussing on low-cost,long-lif
5、e mines,delivered significant benefits to shareholders.The successful commissioning of Ridgeway and establishmentof Telfer as a key future project for Newcrest will contributestrongly to shareholder wealth and will benefit our employeesand the communities in which we operate.PerformanceCash Cost NAG
6、IS344295290253$per ounce200250300350400020100994006008001000120002010099Gold Production711773999645thousandouncesCash Margin269317321299$per ounce20025030035040002010099Safety performance improved significantly644,626 ounces of gold and 40,055 tonnes of copper producedGroup cash costs reduced to A$2