Home » General » No external funding needed for new $2.6bn Harmony mine
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%.
« 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
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%.
« BHEL wins order for 2 x 800 MW supercritical boilers | Volvo’s new compact wheel loaders fully loaded for all-around performance » |