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Australia, Fiji, Indonesia, Mining, Papua New Guinea

Good results for miner Newcrest

Newcrest Mining Company has produced 2.7 million ounces of gold and almost 76,000 tonnes of copper in the 2011 financial year.

Managing Director and Chief Executive Officer, Greg Robinson said Newcrest is now the largest gold company in Asia and the third largest gold company in the world by market capitalisation. It has operations in Australia, Indonesia, Fiji and Papua New Guinea

Robinson says Newcrest expects to invest over $2 billion in growth projects in the next financial year.

http://www.postcourier.com.pg/20110927/tuhome.htm

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About Samantha Magick

Journalist and editor

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