{"id":8257,"date":"2023-06-05T18:13:39","date_gmt":"2023-06-05T08:13:39","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8257"},"modified":"2023-06-21T18:14:45","modified_gmt":"2023-06-21T08:14:45","slug":"newcrest-gains-management-of-juri-joint-venture","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2023\/06\/05\/newcrest-gains-management-of-juri-joint-venture\/","title":{"rendered":"Newcrest gains management of Juri joint venture"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

\"\"OLIVIA THOMSON<\/a><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Greatland Gold has announced that the management of the Juri joint venture (JV) will transfer to Newcrest, its joint venture partner from July 1.<\/p>\n\n\n\n

The Juri JV<\/a> is an unincorporated joint venture between Greatland Gold and Newcrest. Greatland own 49 per cent of the JV and Newcrest own 51 per cent. The JV was formed<\/a> in November 2020 to accelerate exploration at the Paterson Range East and Black Hills exploration licences.<\/p>\n\n\n\n

Under the terms of the farm-in and joint venture agreement which governs the Juri JV, Newcrest could elect to become the joint venture manager at any time following an initial period.<\/p>\n\n\n\n

Newcrest has now exercised its right to do so and will assume this responsibility from the beginning of the 2024 financial year.  The transfer of management of the Juri JV to Newcrest does not affect any of Greatland\u2019s other rights as a joint venture participant.<\/p>\n\n\n\n

Greatland managing director Shaun Day said the company welcomes Newcrest elevating its engagement and interest in the Juri JV.<\/p>\n\n\n\n

\u201cGreatland strongly believes in the prospectivity of the Juri Joint Venture tenure and will continue to be an active participant following the upcoming management transition,\u201d Day said<\/a>.<\/p>\n\n\n\n

\u201cThe shift of Juri Joint Venture management to Newcrest provides Greatland\u2019s exploration team the opportunity to put greater focus on our 100 per cent owned portfolio of highly prospective tenure together with our responsibilities as the new manager of the farm-in and joint venture arrangement with Rio Tinto on the Paterson South project<\/a>.\u201d<\/p>\n\n\n\n

Greatland has the intention to continue as an active and supportive joint venture participant given the potential for the discovery of new intrusion-related gold-copper deposits similar to its Havieron gold-copper deposit<\/a>, Newcrest\u2019s Telfer gold-copper mine<\/a> and Rio Tinto\u2019s Winu copper-gold deposit<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

OLIVIA THOMSON Greatland Gold has announced that the management of the Juri joint venture (JV) will transfer to Newcrest, its joint venture partner from July 1. The Juri JV is an unincorporated joint venture between Greatland Gold and Newcrest. Greatland own 49 per cent of the JV and Newcrest own 51 per cent. The JV was formed in November 2020 to accelerate … Continue reading “Newcrest gains management of Juri joint venture”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206,7],"tags":[],"class_list":["post-8257","post","type-post","status-publish","format-standard","hentry","category-goldcopper","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-29b","jetpack-related-posts":[{"id":8971,"url":"https:\/\/yinghuiinternational.com\/index.php\/2025\/06\/10\/rio-tinto-pivots-oyu-tolgoi-plans\/","url_meta":{"origin":8257,"position":0},"title":"Rio Tinto pivots Oyu Tolgoi plans","author":"yinghui","date":"June 10, 2025","format":false,"excerpt":"Dylan Brown Copper concentrator at the Oyu Tolgoi mine (Image: Rio Tinto)\/ Rio Tinto will commence work under a revised mine plan at the Oyu Tolgoi copper-gold operation in Mongolia, with the mine\u2019s board approving a new approach. Oyu Tolgoi is a 66:34 joint venture (JV) between Rio Tinto and\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/07\/Rio-Tinto-Mongolia-operations-oyu-tolgoi-1024x576.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/07\/Rio-Tinto-Mongolia-operations-oyu-tolgoi-1024x576.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/07\/Rio-Tinto-Mongolia-operations-oyu-tolgoi-1024x576.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2020\/07\/Rio-Tinto-Mongolia-operations-oyu-tolgoi-1024x576.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8271,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/05\/16\/ramelius-provide-golden-operations-update\/","url_meta":{"origin":8257,"position":1},"title":"Ramelius provide golden operations update","author":"yinghui","date":"May 16, 2023","format":false,"excerpt":"OLIVIA THOMSON Ramelius Resources has provided an\u00a0exploration update\u00a0on its Penny mine and other exploration projects within its portfolio of gold assets in Western Australia. The Penny gold mine is located approximately 150 kilometres south-east of the\u00a0Mt Magnet operations\u00a0and 550 kilometres north-east of Perth in WA. Ramelius has reported that the\u2026","rel":"","context":"In "Gold and Copper"","block_context":{"text":"Gold and Copper","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/goldcopper\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-16-at-7.48.34-am-1024x483.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-16-at-7.48.34-am-1024x483.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-16-at-7.48.34-am-1024x483.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-16-at-7.48.34-am-1024x483.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":611,"url":"https:\/\/yinghuiinternational.com\/index.php\/2014\/11\/27\/glencore-and-peabody-to-merge-hunter-valley-coal-mines\/","url_meta":{"origin":8257,"position":2},"title":"Glencore and Peabody to merge Hunter Valley coal mines","author":"yinghui","date":"November 27, 2014","format":false,"excerpt":"Glencore and Peabody Energy have agreed to jointly manage the nearby Wambo and United coal mines in the Hunter Valley, the first joint venture of its kind in the region. The 50-50 joint venture will combine Wambo's open cut mining operations with United's adjacent reserves and is expected to kick\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"wambo_300","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2014\/11\/wambo_300.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8324,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/08\/03\/newmont-takeover-of-newcrest-receives-png-approval\/","url_meta":{"origin":8257,"position":3},"title":"Newmont takeover of Newcrest receives PNG approval","author":"yinghui","date":"August 3, 2023","format":false,"excerpt":"OLIVIA THOMSON Papua New Guinea\u2019s (PNG) Independent Consumer and Competition Commission (ICCC) has granted clearance for Newmont to proceed with its acquisition\u00a0of\u00a0Newcrest. After a three-month process beginning in February 2023, Newmont\u00a0secured\u00a0a $26.2 billion takeover deal with Newcrest. The Canadian Competition Bureau\u00a0issued\u00a0a \u2018no action\u2019 letter clearing Newmont\u2019s announced transaction\u00a0with\u00a0Newcrest under Canadian\u2026","rel":"","context":"In "Gold and Copper"","block_context":{"text":"Gold and Copper","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/goldcopper\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8413,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/09\/01\/lithium-drives-historic-financial-results-for-igo\/","url_meta":{"origin":8257,"position":4},"title":"Lithium drives historic financial results for IGO","author":"yinghui","date":"September 1, 2023","format":false,"excerpt":"TIM BOND Greenbushes lithium mine. IGO saw a record $1 billion in revenue for the financial year, generating net profit after tax of $549 million, which acting chief executive officer Matt Dusci called \u201cthe strongest set of financial results in IGO\u2019s 21-year history. \u00a0 This was underpinned by an enormous\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1104,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/11\/13\/tropicana-gold-mine-extended-through-joint-venture\/","url_meta":{"origin":8257,"position":5},"title":"Tropicana gold mine extended through joint venture","author":"yinghui","date":"November 13, 2015","format":false,"excerpt":"Tropicana is looking to the coal sector for an innovative approach to extend its mine life, in a joint venture with owners AngloGold Ashanti and Independence Group to use \u201cstrip mining\u201d principles in open-pit coal mining. If the concept proved feasible, Tropicana\u2019s two main pits, and other satellite pits could\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"Tropicana-4","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2015\/11\/Tropicana-4.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=8257"}],"version-history":[{"count":1,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8257\/revisions"}],"predecessor-version":[{"id":8258,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8257\/revisions\/8258"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=8257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=8257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=8257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}