Newmont Waihi Gold Update 13/09/2012

Posted by Gold FM on 13/09/2012

insulation web

If you live at Waihi East and you're in the Golden Link Project Area you may qualify for free insulation. Newmont Waihi Gold has teamed up with EECA to help to provide warmer, healthier homes at no cost to the homeowner. Even if you're renting, why not give your landlord the heads up to apply to Newmont to see if your house is eligible.

External Affairs Manager Sefton Darby came in to the studio for his weekly update interview and spoke about how to go about applying along with other Newmont happenings.

He urged people to get in touch to make sure they get the benefit of what is being offered.

Sefton reminded people that they have about two weeks to get submissions in if they'd like to have their say about Newmont's Correnso mining application. Closing time for submissions is 4.30 pm on the 28th of September. He also assured us that there is not going to be night time blasting in relation to the new application.

Sefton spoke about the cost of operations and said Newmont globally is under a lot of pressure at present so there could be budget cutbacks although there are no job losses on the horizon at the moment.

Newmont Waihi Gold has instigated two assessments which are happening at the moment. One is a community investment review and the other a social impact review. Newmont spends nearly 2 million dollars in Waihi and Sefton Darby said the community investment review is not about cutting back the 2 million to ascertain whether the money is being spent on the right things, it's more about is it sustainable.

The University of Queensland is managing the social impact review. Concerns about the social impacts of Newmon't operations in Waihi were raised throughout the Martha Exploration Project hearing that was held recently and Sefton said Newmont goes through this review process every three to five years.

To learn more listen to the interview with Sefton below.

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