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Havieron valued at $1.2B

THE clock is ticking for Newcrest Mining after an independent valuer this week determined the price it needs to pay if it wants an additional 5% of the Havieron gold-copper discovery in Western Australia's Paterson Province.

Kristie Batten
The portal at Havieron

The portal at Havieron

Newcrest earned 70% of the project via a farm-in and had an option to acquire an additional 5% from Greatland at fair market value. Newcrest issued the notice to Greatland in December. The two could...

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