Newcrest Mining

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NCM

AU000000NCM7

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2023	National Bank of Canada Reduces Newmont's Price Target	MT
2023	Newmont Completes Newcrest Mining Acquisition	MT

Newcrest Mining : PNG update

April 26, 2020 at 06:38 pm EDT

Market Release

27 April 2020

PNG update

Newcrest notes the Papua New Guinea Government's decision to not renew the Porgera Special Mining Lease and views this decision as a matter for the Papua New Guinea Government and the Porgera Joint Venture.

Newcrest confirms that there has been no impact on its operations or activities in Papua New Guinea as a result of the Porgera decision. Newcrest continues to have a good working relationship with the Papua New Guinea Government.

Lihir's Special Mining Lease, which is not due for renewal until 2035, remains in good standing.

Newcrest welcomes the Prime Minister's continuing support for the Wafi-Golpu project as a priority for the Government and that it will be advanced within the existing legal parameters of Papua New Guinea.

Authorised by the Newcrest Disclosure Committee

For further information please contact

Investor Enquiries	North American Investor Enquiries
Chris Maitland	Tamara Brown
+61 3 9522 5717	+1 647 255 3139
+61 439 525 135	+1 416 930 4200
Chris.Maitland@newcrest.com.au	Tamara.Brown@newcrest.com.au
Media Enquiries
Chris Maitland	Rebecca Murphy
+61 3 9522 5717	+61 3 9522 5282
+61 439 525 135	+61 428 179 490
Chris.Maitland@newcrest.com.au	Rebecca.Murphy@newcrest.com.au

This information is available on our website at www.newcrest.com.au

Newcrest Mining Limited - Level 8, 600 St Kilda Road, Melbourne, Victoria, Australia - www.newcrest.com.au

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Newcrest Mining Limited published this content on 27 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2020 22:37:00 UTC

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Company Profile

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company's assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.

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