The WGJV has applied for a Special Mining Lease for the Wafi-Golpu Project and has submitted an Environment Impact Statement to the PNG Government that is undergoing a regulatory review process.
Deep drilling has identified a world class copper-gold porphyry deposit at Wafi-Golpu (the Golpu deposit) suited to bulk underground mining techniques, similar to Newcrest’s Cadia operations in Australia.
*The figures represent Newcrest’s 50% share of the Mineral Resource (inclusive of Golpu, Wafi and Nambonga deposits) and Ore Reserve (Golpu)
The Wafi-Golpu Project includes the Golpu copper-gold porphyry deposit, the Nambonga copper-gold porphyry deposit and the Wafi high sulfidation epithermal gold deposit. Exploration activity to date has shown that the Wafi-Golpu tenements host one of the highest-grade porphyry copper systems in south-east Asia (the Golpu deposit).
Sustainability and community
If developed the Wafi-Golpu Project has the potential to make a significant economic and social contribution to Papua New Guinea over a long period. Newcrest’s ongoing commitment to PNG is to develop and operate the Wafi-Golpu Project in a way that is economically viable, environmentally responsible and socially acceptable.
The WGJV Environmental Impact Statement details the potential social, cultural and environmental impacts of developing and operating the Wafi-Golpu Project, together with proposed management and mitigation planning. The Environmental Impact Statement can be found on the WGJV web page.