The National
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.
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