Port Moresby Stock Exchange (POMSOX)

Over 5 million oz gold in Golpu reserve

This is reaffirmed in an ‘Updated Wafi-Golpu Feasibility Study’ dated 19th March 2018.

In a market release to the Port Moresby Stock Exchange (POMSOX), Newcrest Mining Limited says this estimate is materially in line with previous estimates.

Newcrest, who has 50 percent interest in the project, says this reflects updated long-term cost and metal price assumptions and optimised designs in the Golpu Feasibility Study Update.