http://www.northgateminerals.com/ http://www.northgateminerals.com/OperationsProjects/KemessSouth/default.aspx http://www.northgateminerals.com/OperationsProjects/Young-Davidson/default.aspx http://www.northgateminerals.com/OperationsProjects/KemessNorth/default.aspx http://www.northgateminerals.com/OperationsProjects/Exploration/default.aspx Northgate Minerals Corporation is a gold and copper mining company focused on operations and opportunities in the Americas. The Corporation's principal assets are the Kemess South mine in north-central British Columbia and the Young-Davidson property in northern Ontario. Northgate is listed on the Toronto Stock Exchange under the symbol NGX and on the American Stock Exchange under the symbol NXG. Northgate Minerals presentation - http://216.128.10.207/Theme/Northgate/files/pdf/presentation/Northgate_Minerals_Scotia_Conference_November_28.pdf Northgate prides itself in its strong operating abilities and has gained a reputation as one of the finest operators in the business. This reputation is based on the Corporation's outstanding track record of delivering on its promises. Over the past seven years, a dedicated and knowledgeable workforce has transformed Kemess into one of the most efficient open pit mines in the world. In 2006, exceptional operating performance at Kemess, combined with a strong metal price environment, produced record earnings of $107 million and record cash flow of almost $147 million. As the Corporation moves forward into 2007 and beyond, the culture of operational excellence that exists within Northgate will provide a solid foundation for growth in pursuit of the Corporation's vision of becoming a larger, multi-mine gold producer. Our 2006 Achievements: * Produced record metal production: 310,296 ounces of gold; 81.2 million pounds of copper * Recorded lowest gold cash cost of negative $56 per ounce, one of the lowest cash costs in the industry * Generated record cash flow and earnings * Increased Young-Davidson total resource base to 2.1 million ounces * Share price appreciation of 92% (52-week high of Cdn$5.15) Our 2007 Objectives: * Deliver forecast metal production at Kemess * Advance Young-Davidson on schedule and on budget * Extend mine-life within Kemess camp * Continue to generate strong free cash flow position * Grow through acquisition, development and exploration * Build Northgate into a leading multi-mine gold company
NORTHGATE MINERALS CORP - (NGX:TSX) - The Kemess South open pit mine - has a conventional mine plan with 15 metre benches and 45 degree slope angles. Two electric cable shovels, a hydraulic shovel, and a loader supply ore and waste to the fleet of 15 Euclid haulage trucks, which move ore to the primary crusher and waste rock to storage dumps. Current mining capacity is approximately 50 million tonnes/year, 19 million tonnes of which is ore. MILLING OPERATIONS - http://www.northgateminerals.com/presentations_files/presentation.html 2007 PRODUCTION PLAN Gold Production 285,000 ounces Copper Production 74.5 million pounds Silver Production 385,000 ounces Gold Cash Cost US$10 / ounce * *Assuming the copper price averages $2.50 in 2007 *negative US$10 / ounce * NO COST (The Gold free by product on the copper production) Young-Davidson Gold Mine - a snippet historic reflexion - Hollinger Mines was one of the great mining companies of North America, operating the Hollinger Mine that produced over 19.6 million ounces of gold (second only in scale of production and profitability to Homestake Mines operating in North Dakota). Despite having a much larger mine as its core operation - Hollinger ran The Young-Davidson Mine - because it was profitable and Au rich - each and every year - paying its initial capital back - in a remarkable two and a half years - Mining is, after al,l a business and the bottom line a key metric - is profitability (difference between revenue and costs) is important - Hollinger was able to achieve this profitability - and what attracted Northgate to the property - These advantages are (and were) the ability to start with an open pit and then develop the large underground mining units, the relatively simple metallurgy that allowed high volumes of material to be processed at low unit costs with high recoveries of gold and the attractive location relative to the infrastructure required to operate a mine - The Young-Davidson Gold Mines - A view of the Young-Davidson Gold Mine - with the mill and headframe in the centre - of the picture - Twenty-two years and more than six million tones since operations at the Young-Davidson Mine got underway, steps are now being taken at Matachewan to close the mine but not before even the most optimistic of early expectations have been exceeded several times over - still they may got a smell of the large - Gold Au treasures below - NORTHGATE ANNOUNCES MAJOR INCREASE IN GOLD RESOURCES AT - YOUNG-DAVIDSON - Monday December 18, 8:30 am ET http://biz.yahoo.com/iw/061218/0195862.html history often repeat itself - NXG SChart TA - the Bull taken out 200MA - Let's look for bull run continuation - http://stockcharts.com/c-sc/sc?s=nxg&p=D&yr=0&mn=6&dy=0&id=p98209470351&r=44.... http://www.investorshub.com/boards/read_msg.asp?message_id=16132387 http://www.investorshub.com/boards/board.asp?board_id=5487 A Canadian based gold and copper concentrate producer. It owns and acquires properties, explores for precious and base metals. The corporation's principal assets are the Kemess Mine in north-central BC and the adjacent Kemess North deposit. Address: 815 Hornby Street, Suite 406, Vancouver, BC, CN V6Z 2E6 Telephone: (604) 681-4004 Website: http://www.northgateminerals.com Facsimile: (604) 681-4003 Email: ngx@northgateminerals.com NORTHGATE REPORTS STRONG FOURTH QUARTER GOLD PRODUCTION OF 81,747 OUNCES AT A CASH COST OF NEGATIVE $90 PER OUNCE - http://www.marketwire.com/mw/release_html_b1?release_id=208822 NORTHGATE REPORTS FOURTH QUARTER GOLD PRODUCTION OF 94,405 OUNCES, AT A RECORD LOW CASH COST OF $59/OUNCE, PRODUCTION OF 320,000 OUNCES FORECAST FOR 2006 http://www.investorshub.com/boards/quotes.asp?ticker=t.ngx&qm_page=16619&qm_symbol=T.NGX NORTHGATE REPORTS RECORD QUARTERLY EARNINGS AND CASH FLOW AND ANNOUNCES THAT ITS PROJECT DEBT FACILITY HAS BEEN RETIRED NORTHGATE REPORTS STRONG THIRD QUARTER EARNINGS AND CASH FLOW VANCOUVER, October 30, 2006 – (All figures in US dollars except where noted) - Northgate Minerals Corporation ( TSX: NGX; AMEX: NXG) today reported cash flow from operations before changes in working capital and other items of $25,370,000 or $0.11 per diluted common share and net earnings of $14,902,000 or $0.07 per diluted common share for the third quarter of 2006. Third Quarter Highlights * Production of 74,789 ounces of Gold and 19.6 million pounds of copper. * The quarterly net cash cost of Gold production at the Kemess mine was a record low of negative $118 per ounce. Year-to-date Kemess has produced 228,549 ounces of Gold at an average net cash cost of negative $44 per ounce. * The diamond drilling program at the Young-Davidson property continued to significantly expand the areas of known Gold mineralization. * A large geophysical anomaly was identified to the east of the Kemess North Offset. * Northgate repurchased an additional 18,000 ounces of its Gold forward sales position during the quarter - * So far this year, Kemess has the distinction of being the safest metal mine in British Columbia * In early October, Northgate hedged approximately 47% of its estimated 2007 copper production at an average price of $3.15 per pound - Note. Ex. Copper Cu bullion current price - vs. $3.15 NXG sold 2007 - 6 mon. prod. - will bring NXG a nice secure Cu profit for current year - * Completed the acquisition of Young-Davidson Mines, Limited, acquiring 1.5 million ounces of Gold resources within a prospective land package located in the prolific Kirkland-Larder Lake Gold Belt of northeastern Ontario. * On February 15, 2006, Northgate repaid the remaining principal on its syndicated credit facility. http://www.northgateminerals.com/press_release_files/pr_oct30_2006.html Note. Ex. NXG - Trailing P/E (ttm, intraday): 6.15 http://finance.yahoo.com/q/ks?s=NXG Ex. compare with Newmont Mining Corp. (NEM) NEM - Trailing P/E (ttm, intraday): 30.91 http://finance.yahoo.com/q/ks?s=nem Btw. the NXG low P/E tells me its oversold / undervalued / big time / fire sale / strategic bargain .... NGX SChart Short Term - NGX BigChart Long Term - http://www.northgateminerals.ca Northgate Copper LT - http://www.mrci.com/pdf/hg.pdf GOLD vs TECHNOLOGY & DJIA COMPARISON CHART - THREE YEAR WEEKLY GOLD CHART COMPARED TO THE CURRENCIES BELOW http://tinyurl.com/9v54l NGX Gold Monthly Long Term - http://www.mrci.com/pdf/gc.pdf NGX Silver Monthly LT - http://www.mrci.com/pdf/si.pdf NGX Copper Monthly LT - http://www.mrci.com/pdf/hg.pdf Got NGX Gold PM Safety - http://www.northgateminerals.com http://www.kitcometals.com/charts/copper_historical.html Welcome to join and enjoy Northgate Minerals Corp. - InvestorsHub forum... tell us your opinion and ask your questions... Imo. Tia. Brgds. Bob Precious Metals Spot Price's - www.silverbearcafe.com/ Money Masters: Federal Reserve History part 1 of 3 http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy Money Masters: Federal Reserve History part 2 of 3 http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy Money Masters: Federal Reserve History part 3 of 3 http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy http://www.netcastdaily.com/broadcast/fsn2007-0421-1.ram http://www.goldrush21.com/ Financial Sense Online resource Page: Precious Metals http://www.financialsense.com/metals/main.htm Financial Sense Newshour Roundtable Archive http://www.financialsense.com/Experts/roundtable/archive.htm The MMI Theory - What is MMI Geochemistry http://www.mmigeochem.com/theory.htm HON. RON PAUL OF TEXAS - Before the U.S. House of Representatives - The End of Dollar Hegemony - http://tinyurl.com/uq9kf The Financial System Is A Farce - http://www.sprott.com/pdf/marketsataglance/10_2007.pdf by Eric Sprott who spells it our clearly - http://www.vatican.va http://tinyurl.com/365wag Welcome to the Northgate Minerals Corp discussion board