Biswas outlines plan to fix Newcrest’s Lihir gold mine

The CEO and MD of gold miner Newcrest Mining, Sandeep Biswas, on Friday outlined plans to bring the errant Lihir operation, in Papua New Guinea, under control. “I’ve spent a lot of time understanding the challenges of Lihir and have come to the conclusion that the first phase of improvement must be driven by a ‘back to basics’ approach to operations, maintenance and planning,” Biswas told shareholders at the company’s annual general meeting.