The Waisoi Project is currently in the pre-prefeasibility study phase.
An extensive Environmental Impact Assessment process is currently underway to identify potential environmental and social impacts which will be used by the Fiji Government to determine if a mine can proceed and under what conditions.
The team will then decide whether to build and operate a mine if it can be done economically and at an appropriate social, environmental and safety standard.
The Namosi joint venture is a group of three companies who have come together to explore for and potentially mine mineral resources in Fiji.
Newcrest holds a 70% stake in the joint venture and Mitsubishi Materials Corporation holds 28% while Nittetsu Mining has the remaining 2%.
The NJV has been granted a special prospecting lease by the Fiji Government to explore for minerals in the Namosi region, about 30kms west of Suva.
