Andrew Bowler's questions to Newmont Corporation (NEM) leadership • Q1 2025
Question
Andrew Bowler asked for an update on the Wafi-Golpu project in the development pipeline, specifically requesting information on recent discussions with the government of Papua New Guinea and any potential timelines.
Answer
Executive Tom Palmer explained that Newmont, along with its JV partner Harmony, continues to work constructively with the PNG government to convert a framework Memorandum of Understanding into a mineral development contract. He emphasized that discussions are robust and ongoing, and the company is prepared to take the necessary time to secure an agreement that ensures an appropriate return on investment for a project of its scale.