https://www.miningweekly.com

Newcrest continues on Wilki earn-in

24th November 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Gold miner Newcrest Mining will continue with the next stage of the farm-in agreement over ASX-listed Antipa Minerals' Wiki project, in Western Australia.

The Stage 1 earn-in requires the gold miner to invest a further A$10-million on exploration expenditure by March 2025, to earn a 51% joint venture (JV) interest in the Wiki project, and followed an initial A$6-million expenditure on exploration.

Newcrest has the right to withdraw from the farm-in during the Stage 1 earn-in.

The company could also spend a further A$44-million on exploration by March 2028 during the Stage 2 earn-in, to acquire a 75% interest in the JV.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION