WAFI-GOLPU JV

OWNERSHIP

50% Newcrest

METALS

Gold and Copper

LOCATION

65kms from the city of Lae, PNG

Wafi-Golpu is an advanced exploration project

in PNG currently in the permitting phase.

Newcrest and Harmony Gold Mining Company Limited (Harmony) each currently own 50% of the Wafi-Golpu Project through theWafi-Golpu Joint Venture (WGJV).

The WGJV has applied for a Special Mining Lease for the Wafi-Golpu Project and has submitted an Environment Impact Statement to the PNG Government that is undergoing a regulatory review process.

Deep drilling has identified a world class copper-gold porphyry deposit at Wafi-Golpu (the Golpu deposit) suited to bulk underground mining techniques, similar to Newcrest’s Cadia operations in Australia.

_*The ~figures ~represent ~Newcrest’s _50% ~share ~of ~the ~Mineral ~Resource _(inclusive ~of _Golpu, ~Wafi ~and ~Nambonga _deposits) ~and ~Ore ~Reserve _(Golpu)

Wafi-Golpu, PNGPort Moresby

GROWTH OPPORTUNITIES

The Wafi-Golpu Project includes the Golpu copper-gold porphyry deposit, the Nambonga copper-gold porphyry deposit and the Wafi high sulfidation epithermal gold deposit. Exploration activity to date has shown that the Wafi-Golpu tenements host one of the highest-grade porphyry copper systems in south-east Asia (the Golpu deposit).

SUSTAINABILITY AND COMMUNITY

If developed the Wafi-Golpu Project has the potential to make a significant economic and social contribution to Papua New Guinea over a long period. Newcrest’s ongoing commitment to PNG is to develop and operate the Wafi-Golpu Project in a way that is economically viable, environmentally responsible and socially acceptable.

The WGJV Environmental Impact Statement details the potential social, cultural and environmental impacts of developing and operating the Wafi-Golpu Project, together with proposed management and mitigation planning. The Environmental Impact Statement can be found on the WGJV web page