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Home » General » No external funding needed for new $2.6bn Harmony mine

No external funding needed for new $2.6bn Harmony mine

February 15, 2016

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Gold mining company Harmony said on Monday that its current expectation was that it would not require any external funding to build the Golpu copper/gold mine, in Papua New Guinea (PNG), with its 50% joint venture partner Newcrest.

The JSE-listed company estimated the first-stage project capital on a 100% basis at $2.6-billion, with an internal rate of return (IRR) of 16%.

Read More
Category: General




« BHEL wins order for 2 x 800 MW supercritical boilers Volvo’s new compact wheel loaders fully loaded for all-around performance »




Home » General » No external funding needed for new $2.6bn Harmony mine

No external funding needed for new $2.6bn Harmony mine

February 15, 2016

Responsive image

Gold mining company Harmony said on Monday that its current expectation was that it would not require any external funding to build the Golpu copper/gold mine, in Papua New Guinea (PNG), with its 50% joint venture partner Newcrest.

The JSE-listed company estimated the first-stage project capital on a 100% basis at $2.6-billion, with an internal rate of return (IRR) of 16%.

Read More
Category: General

« BHEL wins order for 2 x 800 MW supercritical boilers Volvo’s new compact wheel loaders fully loaded for all-around performance »

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