Friday, January 25, 2013
Miners tie up government, villagers
Wafi-Golu joint venture participants Newcrest and Harmony continue to engage with the PNG government and landowner representatives to ensure alignment on the planned project development and key elements of the next phase of work, according to Newcrest Mining Ltd’s quarterly report released yesterday
“Capital costs continue to be reviewed and potential key contractors assessed,” the report said.
“Activities have been focused on the initial camp construction, exploration drilling, and refinement of the technical development plan.”
The report said since the ore reserve update in August 2012, a total of 11 holes had been drilled to completion into the Golpu porphyry deposit.