Total, the 4th largest international Oil and Gas company has been awarded a 4-year contract with Newcrest’s Lihir Gold Mine in Papua New-Guinea (PNG), following a competitive tender process that began last November.
Newcrest Mining News
BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.
“A contributor to this performance in 2018 has been the underperformance of the royalty companies, which the fund has some exposure to."
But according to the updated feasibility study total capital expenditure for the life of Wafi-Golpu mine will fall by about the same amount to $5.5 billion.
INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.