Newcrest update Wafi-Golpu Feasibility Study – PNG, initial CapEx $2.8bn

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

Mine Infrastructure

Processing Plant  17 Mtpa

Copper concentrator

Grinding mill

Ball mills x 2

Tailings dams  and associated equipment – flotation, thickening, concentrate pumping and tailings pumping systems

Considerable mine ventilation and cooling equipment

Dewatering systems

 

Associated Infrastructure

$170m – Proposed modular design power plant and fuel supply infrastructure

New port facility – Port of Lae

Surface workshop

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