In an updated feasibility study released mid-March 2018, Newcrest Mining has added almost US$170 million to the forecasted costs to develop the Wafi-Golpu copper-gold project in Papua New Guinea (PNG), bringing the cost estimate to US$2.82 billion.
The Mineral Resources Authority of Papua New Guinea (PNG) has given approval for Crater Gold Mining to recommence operations on its flagship Crater Mountain project.
The Ditch Ocean Dumping coalition has called on Citigroup to divest from mines tied to the practice of ocean waste dumping.
Myanmar Metals (MYL) and its local partner Win Myint Mo Industries (WWM) have secured East Asia Power (Mining) Company Limited (EAP) as a project-level investor in the development of the global tier-1 polymetallic Bawdwin Mine.