Newcrest Mining SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Newcrest Mining, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Newcrest Mining to benchmark its business & performance as compared to the competitors, and make strategic improvements. Newcrest Mining is one of the leading brands in the heavy equipment & engineering sector.
The article below lists the Newcrest Mining SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Newcrest Mining SWOT Analysis:
In this article:
For Newcrest Mining, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Newcrest Mining looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Newcrest Mining :
1. Strong reserve and resource base , with gold reserves representing decades of production at current rates.
2. Global workforce of around 16,000.
3. Mines are located in Australia, Papua New Guinea (PNG), Indonesia, and in Côte d’Ivoire, West Africa.
4. Rapid expansion of operations and markets through strategic mergers and acquisitions
5. The company’s portfolio is comprised predominantly of low cost, long life mines and a strong pipeline of brownfields and greenfields exploration projects.
6. Discovery of new ore bodies remains an important element in Newcrest’s strategy
7. Loyal customer base due to sustained quality produce .
8. Programs for environment and social impact assessment as a part of the feasibility process for existing and new projects
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Newcrest Mining SWOT Analysis:
1. Cost intensive operations in major parts of its mines adding to high cost of the produce
2. Unstable Gold and copper prices in the international market has led to sizeable loss to the company
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Newcrest Mining SWOT Analysis:
1. Securing of large mineral districts which are under intervention due to local government policies need to come through for sustained growth
2. Captive power plant for mines in developing countries with lack of reliable power
3. Expansion of research in the field of copper refining and extraction
4. Rising demand of Gold in Asia and America leads to a promising market for the company
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Newcrest Mining are as mentioned:
1. Government and taxation policies have posed a threat on cost reduction policies of the companyreat of sustained revenue and shareholders
2. Delay in acquisition of new mines have posed a threat on future growth plans of the organization
3. Threat of unstable economy around the world poses a threat of sustained revenue and shareholders value
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Newcrest Mining:
1. Freeport-McMoRan Copper & Gold Inc.
2. BHP Billiton Limited
3. Newmont Australia Limited
Hence this concludes the Newcrest Mining SWOT analysis.
Continue reading more about the brand/company.
|Newcrest Mining Overview|
Newcrest Mining Ltd.
Metals and Mining
Vision is to be the Miner of choice for all stakeholders
One of the world’s largest gold mining companies operating mines in four countries
|Newcrest Mining STP|
Integrated electrical equipment organizations , gold distributors and resellers across various countries
Positioned as a community centric organization with fast growth and innovation
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse marketing analysis of more brands and companies similar to Newcrest Mining. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
Edit the brand or add a new one to SWOT Analysis section : Contribute
What is MBA Skool?About Us
MBA Skool is a Knowledge Resource for Management Students, Aspirants & Professionals.
Quizzes & Skills
Quizzes test your expertise in business and Skill tests evaluate your management traits
All Business Sections
Write for Us