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September 26, 2021
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Newcrest, major backer of PNG Mining and Petroleum Conference

Newcrest Mining Limited will be the main sponsor of the Port Moresby event on 28-30 November.

Attendees will be updated on developments in the discovering, processing and administration of the Papua New Guinea Mining and Petroleum Industry. It will also highlight the strides companies and the Government have made.

Newcrest CEO Sandeep Biswas will be leading the Newcrest Mining Team.

“The Conference provides a valuable opportunity for discussions with industry and Government leaders about the role the mining industry is playing in supporting PNG’s growth, ” said Peter Aitsi, Newcrest’s Country Manager, in a statement today.

One of the mines managed by Newcrest Limited is the Lihir Gold Mine. The Mine’s contribution in 2017 has extended to Community investments at K125 million; Royalties paid at K84 million; Goods & services purchased from local suppliers stood at K965 million; Salaries to PNG employees were remunerated with K189 million; and Government taxes at K157 million.

The statement also stated the outline of the presentation from members of its management:

-2:50pm on 28 November, Craig Jetson, Executive General Manager for Lihir, will give a presentation on Lihir gold mine’s commitment to empowering its employees and communities.

On 29 November, Mr Jetson will also participate in a panel discussion on the critical importance of occupational health and safety, which is Newcrest’s top priority.

-Leo Kola, Health and Safety Superintendent at Lihir, will open the panel at 2:45pm, with a presentation on Newcrest’s NewSafe Program, which enables Newcrest employees, through training, to become safety leaders and build a strong safety culture.

-At 2:15pm on 30 November, Bryan Bailie, Executive Project Director of the Wafi-Golpu Joint Venture will give a presentation on the status of the proposed Wafi-Golpu project. The project – a 50-50 joint venture between Newcrest Mining Limited and Harmony Gold – is an exciting prospect with the potential to underpin PNG’s economic growth for decades to come.

Source: Newcrest Media Statement

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