Newcrest pushes for sustainable mining

Business

SUSTAINABLE mining is not only the right thing to do but it is also the safe and profitable for governments and communities where miners operate, according to Newcrest.
The Australian miner operates in many countries including three Apec economies.
In Papua New Guinea, it is the biggest gold producer and has been around for a decade with operations on Lihir Island in New Ireland.
It is also a joint venture partner (50:50) in the new Wafi Golpu project in Morobe.
During the Apec Chief Executive Officers’ Summit on the Pacific Explorer in Port Moresby on Saturday, managing director and chief executive Sandeep Biswas said Newcrest has embedded sustainability as one of its key pillars.
“I think all responsible mining operators can say that our operations generate economic and social benefits at our sites.
“Our sites provide invaluable opportunities for employment, training and business development.
“For example, last year, we spent K53 million on community infrastructure in New Ireland, including under the Government’s tax credit scheme.
In PNG, in parallel with the contributions which flow from our sites, Newcrest has a national social investment strategy for targeted investments across the country.

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