PNG demands 40% of output from Newcrest-Harmony's Wafi-Golpu project

Australia’s Newcrest Mining (ASX: NCM) and South Africa’s Harmony Gold (JSE: HAR) (NYSE: HMY) are facing fresh challenges in Papua New Guinea, as the administration is asking to keep 40% of gold extracted at the companies’ Wafi-Golpu project. The joint venture...