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MEG Energy announces strong second quarter results, further debt repayment, non-core asset sale and revised full year guidance

MEG Energy announces strong second quarter results, further debt repayment, non-core asset sale and revised full year guidance
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Press Release - MINING COM

( ) Melbourne, Australia (Newsfile Corp. - July 21, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) Newcrest Managing Director and Chief Executive Officer, Sandeep Biswas, said, Newcrest has safely delivered its group production and cost guidance for the year following a strong fourth quarter. Cadia exceeded the top end of its production guidance range and delivered mine and mill throughput records, showcasing the quality of this world class asset. Newcrest s All-In Sustaining Cost of $797/oz for the June quarter was underpinned by record quarterly AISC outcomes for Cadia and Red Chris, translating to an impressive All-In Sustaining Cost margin of $983/oz. We have made significant progress advancing our multiple organic gold and copper growth options during the quarter. At Red Chris and Havieron we commenced decline development works which are the critical path to reaching commercial production. We are also on track to release the outcomes of several of our exciting grow

New yorkUnited statesUnited kingdomNew ireland provinceNew irelandPapua new guineaMorobe provinceSouth australiaZamora chinchipeSouth walesPort moresbyNational capitalEnquiriesryan skaleskogPhilip stephensonPeter hayVickki mcfadden

Lada догоняет иномарки по выручке

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Companies reexamine their lease accounting as they rightsize space during COVID

REGISTER NOW Businesses are downsizing their office space and renegotiating leases as employees work from home, and they need to look at how they’re accounting for the leases under the new rules. A recent poll from Deloitte found that two-thirds (66.9%) of companies surveyed have launched or plan to initiate a study looking at how they use real estate in the post-pandemic world. Deloitte’s recent report, related infographic, discuss the various considerations and issues of the leases standard from the Financial Accounting Standards Board, known as Topic 842 or ASC 842 for its number in FASB’s Accounting Standards Codification. Since the pandemic spread across the U.S. last year and organizations responded by closing their offices and asking employees to work from home, companies have been rethinking their real estate strategy, exiting space before a lease ends, modifying their lease agreements to accommodate extra space for social distancing and increasing their real estat

Matt hurleyTim kolberInternational financial reporting standardsInternational accounting standards boardFinancial accounting standards boardமேட் ஹர்லிசர்வதேச நிதி புகாரளித்தல் தரநிலைகள்சர்வதேச கணக்குவைப்பு முறை தரநிலைகள் பலகைநிதி கணக்குவைப்பு முறை தரநிலைகள் பலகை

Newcrest Mining Limited - Quarterly Report for the Three Months Ended 30 June 2021

Newcrest Mining Limited - Quarterly Report for the Three Months Ended 30 June 2021 Strong June Quarter delivers FY21 guidance and quarterly records Creating a brighter future for people through safe and responsible mining Goal of net zero carbon emissions by 2050 (1) (2) underpinned by a 27% improvement in TRIFR (3) in the June 2021 quarter Achieved FY21 production guidance, with Cadia exceeding the top end of its guidance range ( (5) and copper production of 38kt All-In Sustaining Cost (AISC) of $797/oz ( (6) Cadia recorded its lowest reported quarterly AISC of negative $377/oz Red Chris recorded its lowest reported quarterly AISC of $651/oz FY21 AISC of $905/oz, delivering an AISC margin of 49% or $884/oz

New yorkUnited statesUnited kingdomNew ireland provinceNew irelandPapua new guineaMorobe provinceSouth australiaZamora chinchipeSouth walesPort moresbyNational capitalPhilip stephensonPeter hayVickki mcfaddenRoger higgins