Newcrest chips in $US230 million to start Harmony JV

NEWCREST Mining has kicked off its joint venture with Harmony Gold over their joint ventured projects in Papua New Guinea’s Morobe Province after making an initial payment of $US230 million ($A255 million) in exchange for a 30% interest.

Newcrest chips in $US230 million to start Harmony JV Newcrest chips in $US230 million to start Harmony JV Newcrest chips in $US230 million to start Harmony JV Newcrest chips in $US230 million to start Harmony JV Newcrest chips in $US230 million to start Harmony JV

Phase one of the JV between Australia's largest gold miner and South Africa's third-biggest miner is formally underway.

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