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PanAust's Frieda River plan

PANAUST managing director Gary Stafford said the previous $US5.6 billion ($A5.9 billion) development plan for the company’s new Frieda River project in Papua New Guinea was too big and the company would leverage off its experience in Laos to build a smaller project.

Kristie Batten
PanAust's Frieda River plan

Stafford presented to the Sydney Mining Club yesterday, less than a week after announcing a deal worth up to $125 million to buy an 80% interest in the project from Glencore Xstrata and invest in minority...

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