19 March 2018 – Newcrest Mining Limited (Newcrest) today released an updated Wafi-Golpu Feasibility Study.
The study incorporates the findings from the earlier Pre-Feasibility Study announced in February 2016. The updated Study draws on extensive data collection undertaken since 2016, providing a deeper understanding of the project’s geotechnical, oceanographic, environmental and social parameters.
Initial capital expenditure to commercial production of approximately $2.8bn
Processing Plant 17 Mtpa
Ball mills x 2
Tailings dams and associated equipment – flotation, thickening, concentrate pumping and tailings pumping systems
Considerable mine ventilation and cooling equipment
$170m – Proposed modular design power plant and fuel supply infrastructure
New port facility – Port of Lae
Permanent accommodation facility – 1400 people
Temporary construction camp for 1000 people
Water treatment facilities
35km access road
Two significant bridges, three further bridges across secondary rivers/creeks