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Newmont: PNG Equity Model ‘Workable’ but Demands Long-Term Commitment for Wafi-Golpu

BY GORETHY KENNETH and PHILEMON KASSMAN in Denver, Colorado

STATE equity in mining projects is “a very workable model” but requires governments to commit capital and take a multi-decade view, Newmont’s Peter Toth said as Wafi-Golpu negotiations near completion.

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