RE: The future importance of Havieron to Newcrest...8 Oct 2021 07:47
There are other reasons why Havieron is so vitally important to Newcrest Mining, one of which I know i keep banging on about, and have done for some considerable time now.
Just look at the mining lease issues that Newcrest are having, and which may well continue, at Wafi-Golpu in Papua New Guinea. Havieron is vital for the growth plan at Newcrest, and, unlike Wafi-Golpu, Havieron is, of course, in one of the lowest risk and safest mining jurisdictions in the world.
Did anyone notice in the Joint Venture risk assessment section of the 2020 Newcrest Report:
"....the risks normally associated with...joint ventures commitments...and particular risks associated with entities where a sovereign state holds an interest, including the extent to which the state intends to engage in project decision making..."