Morobe Mining Joint Ventures (MMJV) is a 50-50 joint venture between Harmony Gold Mining Company Limited of South Africa and Newcrest Mining Limited of Australia. MMJV was formally established in August 2008 for the purpose of exploring, developing and operating mines in the Morobe Province of Papua New Guinea (PNG). The MMJV covers all current and future mining, project and exploration activities by the two parent companies in the Morobe Province, PNG, including the Hidden Valley Gold mine and significant resource discovery at Wafi/Golpu.
Harmony and Newcrest are significant gold producers in the world with impressive reserves and exploration growth portfolios.
Morobe Mining Joint Ventures is the collective name for three Joint Venture entities entered into between Harmony and Newcrest.
- Hidden Valley Mine Joint Venture (HVJV)
- Wafi-Golpu Joint Venture (WGJV)
- Morobe Exploration Joint Venture (MEJV)
The MMJV group is managed by different general managers reporting to an operating committee on which Harmony and Newcrest are equally represented. General Manager, Hidden Valley, General Manager Wafi-Golpu Project, General Manager PNG Exploration, General Manager Commercial Services and a General Manager Sustainability and External Relations take responsibility for the whole of the MMJV group.
MMJV is based in Morobe province and its scope of operations and properties include, the operating Hidden Valley Gold mine, the significant copper gold porphyry Wafi Golpu project - (in pre-feasibility study phase), an exploration base in Wau and a PNG Central Services office in Lae. MMJV also has an extensive Brown and Greenfield’s exploration program with 13 exploration leases (6 new applications) covering more than 4046 sq km in the province.