On 21st March, Era CEO Pieter Britz and Paradigm CEO David Roland visited NFC, meeting with NFC president Wang Hongqian and vice-president Qin Junman for cooperation on Yandera Copper Project in PNG.
　　
In introduction of NFC’s recent development, Mr. Wang highlighted the progress on Kazakhstan Bozshakol and Aktogay copper projects. Yandera Copper Project in PNG shares similar scale and process with these two world-class projects, and has been keeping development by the joint efforts of Paradigm, Era and NFC, who are expecting the project to obtain new phased objectives.

Mr. Britz updated Yandera’s development and the time schedule of this year, including infill program, resource updating and scoping study, and he is confident that the set goal of finishing DFS in 2018 will be achieved on time. Based on analysis of current copper price, Mr. Roland suggested now it is good timing to further promote the progress of Yandera, and expected NFC to bring competent partners in making more project financing plans. Mr. Britz would further update the project’s progress to NFC in June after the completion of scoping study.