Less than one year after acquiring Papua New Guinea’s largest gold mine, Newmont Corporation is pushing ahead with plans to increase grades and mine life at Lihir. On the eve of finishing his term as Newmont PNG Managing Director, Alwyn Pretorius took Business Advantage PNG inside the transition and shared the plans for the island mine’s future.
Back to the future: Hornibrook Construction eyes a return to property development
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9 Jul 2024 by Leave a Comment
Benefitting from increased business activity in Papua New Guinea’s mining sector, Lae-based construction company Hornibrook NGI is looking to further diversify into property development. Business Advantage PNG speaks to Managing Director Matthew Lewis to learn more.
Newmont to list in Papua New Guinea as Newcrest acquisition is finalised
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25 Oct 2023 by 1 Comment
Newmont Corporation’s acquisition of Newcrest Mining, which owns the Lihir gold mine in Papua New Guinea, and is one of the partners in the Wafi-Golpu copper-gold joint venture, is set to be completed in coming days. Business Advantage PNG considers what will happen next.
Mega miner: Newcrest Mining finally agrees to tie the knot with Newmont
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24 May 2023 by 1 Comment
There’s every likelihood that a takeover of Newcrest Mining by Newmont Corporation will be completed by the end of this year. But how will this affect Newcrest’s Papua New Guinea-based assets – the Lihir gold mine and the Wafi-Golpu project?
Newcrest approves Lihir mine expansion in Papua New Guinea
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1 Feb 2023 by 2 Comments
Newcrest Mining has approved a A$280 million (K696 million) expansion of its Lihir mine, following board endorsement of its Phase 14A feasibility study. The decision is set to deliver higher gold production and may extend mine-life.
Newcrest Mining’s PNG head on Lihir, Wafi Golpu and its operations in Papua New Guinea
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2 Feb 2022 by Leave a Comment
Newcrest’s Chief Operating Officer PNG, Craig Jones, talks with Business Advantage PNG about the future of Lihir gold mine and Wafi-Golpu, and the impact COVID-19 has had on its operations.
Newcrest Mining posts record profit
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23 Aug 2021 by Leave a Comment
Papua New Guinea’s largest gold miner, Newcrest Mining, has lodged record profits for the 12 months ending 30 June, thanks to higher gold and copper prices and lower operating costs.
Landowner company Anitua’s new expansion strategy
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30 Jun 2021 by 2 Comments
Diversified landowner company Anitua is on the comeback trail, according to Chief Executive Patrick Doekes. He tells Business Advantage PNG the Papua New Guinean landowner company is looking to streamline operations and expand its product offerings.
In brief: vaccine rollout announced for Papua New Guinea and other business stories
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3 May 2021 by 2 Comments
Vaccine rollout announced for Papua New Guinea’s 22 provinces, Enga Electrification Project gets funding and Kumul Petroleum to seek funding for gas fields overseas. The news in brief.
Going strong: Lihir forecasts record gold production
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24 Feb 2021 by 1 Comment
Newcrest Mining says it can ‘unlock significant value’ at Lihir, Papua New Guinea’s biggest gold mine. David James takes a closer look at a mine forecast to produce over a million ounces a year.
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