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Risk reduced for good turnaround

机译:降低风险以实现良好的周转

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JUST NINE MONTHS into the Highlands Pacific Ltd managing director's role, John Gooding is confident of turning around the past poor performance of the company as it progresses towards development at the Ramu nickel-cobalt and Frieda River copper-gold projects in Papua New Guinea. A lot of the risk has been taken out of both properties with its Chinese joint venture partner China Metallurgical Construction Group (MCC) currently gearing Ramu up for production start-up next year, while Frieda River JV partner Xstrata Copper is significantly stepping up its rate of expenditure to 25 million US dollars this year (from 10 million US dollars last year).
机译:就在九个月前担任高地太平洋有限公司董事总经理时,约翰·古丁(John Gooding)有信心扭转该公司过去的糟糕表现,因为该公司正在向巴布亚新几内亚的拉木镍钴和弗里达河铜金项目发展。与中国合资企业合作伙伴中国冶金建设集团(MCC)目前正在为这两个矿场承担很多风险,而后者正准备在明年启动Ramu的生产,而Frieda River合资伙伴Xstrata Copper则在大幅提高其投资率。支出从今年的1000万美元增加到今年的2500万美元。

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