Newcrest Mining (“Newcrest”) has re-joined the World Gold Council, the market development organisation for the gold industry. Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world's largest gold mining companies with mines located in Australia, Papua New Guinea, Indonesia and in Côte d’Ivoire.
World Gold Council Chief Executive, Aram Shishmanian, commented “Newcrest, as the leading Australian gold mining company, is an important addition to our membership, formed of the world’s leading and most forward thinking gold mining companies. I am looking forward to welcoming Newcrest’s Managing Director and CEO, Sandeep Biswas, to the Board, which sets the agenda for securing and increasing the demand for gold.”
“The World Gold Council is a unique organisation which is focussed on growing the market for our product,” said Mr Biswas. “I am delighted that we are joining forces again and believe Newcrest can make a positive contribution in guiding how the Council underpins the growth and sustainability of gold mining.”
ENDS
For further information please contact:
Melissa McVeigh
World Gold Council
T +44 207 826 4701
E [email protected]
Anna Freeman
Newcrest Mining Limited
T +61 3 9522 5548
E [email protected]
Note to editors:
World Gold Council
The World Gold Council is the market development organisation for the gold industry. Our purpose is to stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market.
We develop gold-backed solutions, services and products, based on authoritative market insight and we work with a range of partners to put our ideas into action. As a result, we create structural shifts in demand for gold across key market sectors. We provide insights into the international gold markets, helping people to understand the wealth preservation qualities of gold and its role in meeting the social and environmental needs of society.
The membership of the World Gold Council includes the world’s leading and most forward thinking gold mining companies.
Newcrest Mining Limited
Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world's largest gold mining companies, with mines located in Australia, Papua New Guinea, Indonesia and Côte d’Ivoire.
Newcrest’s mission is to deliver superior returns from finding, developing and operating gold/copper mines. Our vision is to be the Miner of Choice™, leading the way in safe, responsible, efficient and profitable mining.
Newcrest has proven experience in mining and processing all types of gold orebodies, and is one of the few miners in the world who can build and operate advanced, high-efficiency block cave underground mines. The company has a strong track record as one of the world’s most successful gold explorers and is searching for profitable development opportunities around the globe.
We work hard to create and maintain mutually beneficial relationships with the host communities and governments where we operate. Over the course of the 2016 financial year, Newcrest invested over US $68 million into infrastructure and community projects, training, skill and knowledge development and health programs.
