K633 Million Boost : Newmont Lihir Makes Second Advance Tax Payment to PNG Government

Newmont Lihir has issued a second advance corporate income tax payment of K633 million to the Papua New Guinea government. This transaction brings the company's total corporate income tax contribution for the first half of the year to approximately K1.485 billion.

The payment represents a significant fiscal injection into the national economy. By providing these funds in advance, the mining operation has substantially increased the government's revenue intake for the current fiscal period.