Following the release of its fourth quarter report for the year, Newcrest Mining Limited has paid in total K69, 877, 823 million.
The royalty has been divided according to the 1996 Memorandum of Agreement (MOA) between the National Government, to the New Ireland Provincial Government (NIPG), the Nimamar local level government (NLLG) and the Special Mining Lease (SML) landowners who are represented through the Lihir Mining Area Landowner Association (LMALA).