The Namosi Joint Venture (NJV) is exploring for mineral resources in the Namosi and Naitasiri provinces in Fiji, approximately 30 kilometres west of Suva. The project covers an area of approximately 724 square kilometres.
Namosi is owned by the Namosi Joint Venture (NJV), an unincorporated joint venture between Nittetsu Mining Co Ltd, Mitsubishi Materials Corporation and Newcrest (Fiji) Limited (Newcrest). Newcrest’s interest in the joint venture is 71%.
The Waisoi Project is a copper and gold project in the pre-feasibility phase. An environmental impact assessment (EIA) is underway to assess the potential social and environmental impacts of a mine at Waisoi. The EIA process will help the Government decide if a mine at Waisoi can be built in an environmentally acceptable manner. A key component of the EIA is the social impact assessment which will consider potential impacts, mitigations and opportunities. Following the Government’s decision, the NJV will determine if the Waisoi mine can be operated safely and economically and in an environmentally sustainable way.
Exploration activities at Namosi are currently focused on the large Waisoi copper-gold deposit, the mineralised Waivaka Corridor and a portfolio of early stage exploration targets. Waisoi consists of two deposits, Waisoi East and Waisoi West.
NJV has systems in place to manage impacts of its activities on the environment. NJV is undertaking environmental baseline studies in the project area as part of the environmental impact assessment process in Fiji.
NJV employs local people where relevant skills and experience are available, and provides training and development for employees.
NJV contributes to the Fijian and local economies through engagement of services, employment of people, payment of rents and rates to Government, payment of compensation to local landowners, and implementation of community support and educational assistance programs.