Newmont Waihi Gold Update 23/02/2012

Posted by Gold FM on 23/02/2012


This week Newmont reports on the progress of their Property and Community Improvements Policy. There's been a delay because of technical studies taking longer than anticipated and the amount of community feedback has resulted in changes and tweeks being made to incorporate the views of all the different groups.

The plan is to brief the community groups about it in the first week of March and then release the full policy once the consent application for Correnso is lodged towards the end of March.

Newmont Waihi Gold says they believe the resulting policy will strike the right balance between all the different options and provide long term social and economic benefit to the Waihi community as well as provide sustainable benefit for individual households and property owners.

The policy will be delivered to all Waihi residences and will also be avaliable at the Golden Link Information Office on Seddon Street.

Newmont Update 23/02/2012 

Kit Wilson outlined the progress and other issues on the breakfast show with Brian Gentil this morning.