exv4war





Exhibit (ar)




LIHIR MINING AREA LANDOWNERS ASSOCIATION INC.




			
	
	 	P.O. Box 120, 

Lihir Island

New Ireland Province

Telephone No: (675) 986 4116

Facsimile No: (675) 986 4111

Email: lmala@lmala.com






Thursday, 27 August 2009




Lihir
Island,

New Ireland
Province




Dear Noel,




Subject: LETTER OF COMFORT




1. Introduction




Recitals




	 	 	 
	1.1 LGL:

	 	Lihir Gold Limited seeks formal consent from the Lihir Mining Area
Landowners Association (LMALA) to proceed with the Million Ounce Plant Upgrade
(MOPU) project, and assurances that the project will proceed without disruption.
	 
	 	 
	1.2 LGL:

	 	Lihir Gold Limited has offered K40 million of the MOPU funds to assist
LMALA gain authorization and uninterrupted access to undertake the MOPU project.
	 
	 	 
	1.3 LGL:

	 	Lihir Gold Limited initially offered the K40 million and expected it to be
released over the three years of the MOPU project. LGL now understands and accepts
that the funds may have to be released in good faith before formal landowner
approval and consent can be obtained to commence the MOPU project.
	 
	 	 
	1.4 LMALA:

	 	Before LMALA can introduce new agreements and undertakings that will
enable LMALA to seriously start awareness about MOPU, outstanding pre MOPU issues
must be addressed by LGL. In particular the following:
	 
	 

	 	- Putput Community Agreement and the 3 specific projects within that
Agreement. (Relocation, Plant Site, Gorgor
	 
	 

	 	- Physical Development Plan
	 
	 

	 	- Alternate Financing System
	 
	 	 
	1.5 LMALA:

	 	LMALA have subsequently proposed to LGL its preferred approach to
obtain the consents and assurances LGL seek. This includes upfront,
rather than phased, access to all funds and an indication that funds will
need to be made available to it before formal landowner consent can be
obtained.






1









 






	 	 	 
	1.6 LMALA:

	 	LMALA has a proposed approach to the introduction of MOPU but believes
this will be futile unless clause 1.4 in these recitals can be properly addressed
in order to give the affected landowners the comfort they need to proceed with any
new agreements and undertakings.






2. Purpose of this letter



The purpose of this letter is to clarify to LGL the strategy LMALA will employ to do all things
reasonable to assure LGL that the MOPU project can proceed unhindered.



LMALA acknowledges that for LGL to make available to it K40 million of the funds, it needs comfort
that the outcomes it seeks will be obtained, and the funds will be distributed in an appropriate
manner.



The purpose of this letter is to provide both comfort and understanding to LMALA and LGL.




3. Overview of strategy to be adopted by LMALA



To assist in the effective dealings with its members, LMALA has commenced the strategy of forming
a team which represents high profile landowners and, where required, specific block owners in each
of the affected areas (“Specific Issue Companies”). The strategy includes areas currently affected
and those who will be affected by virtue of the MOPU project including:




	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	•	 	Caldera (Pit)	}
	 	 	 
	 
	 	 	•	 	Balasie (Process Plant)	 	 	 
	 
	 	 	•	 	Kunaye (Airport)	 	 	 
	 
	 	 	•	 	Londolovit Weir	 	 	 
	 
	 	 	•	 	Town	 	 	 
	 
	 

	 	•
	 	Hurtol
	}
	 	 	 		 	K40 Million
	 
	 

	 	•
	 	Sianos
	 	 	Proposed Dam Area	 	 	 	 
	 
	 

	 	•
	 	Talies	 	 	 	 	 	 	 
	 
	 	 	•	 	Villages along the easement to Hurtol	 	 	 	 
	 
	 	 	•	 	Other affected areas or parties.	 	 	 	 





Attachment 1 is a map which outlines the corporate entities and the areas they represent. This
does not include the proposed dam or the road easement areas as specific issue companies have not
been formed for these areas yet.



Attachment 2 is a schedule detailing the specific details relevant to each block.



The strategy broadly involves establishing these Area Companies and working through them to reach
agreement and ultimately obtain consent to MOPU, and uninterrupted operation.




4. Area Companies




a. The Area Companies — Ownership & Operation




The ownership of each Area Company will be allocated on the basis of








2









 







Each block will be represented by a block executive. Where more than one block is held, there will
be only one executive. All of the block executives (shareholders) for an area will collectively
appoint a board of directors to oversee the activities of the Specific Issue Company (SIC), and
this will include representatives from the executive of either Anitua or Lihir Business Services
(LBS).




b. The Area Companies — Their Purpose



It is recognized that the SIC co-exist with clan based companies (with an area generally
comprising more than one clan) and family or personal companies.



The purpose of the SIC is to provide one single commercial entity with whom LMALA, LBS and Anitua
can deal. It is expected that this will reduce the occurrence of specific block owners acting in
isolation and promote rationalization of funds and increased consistency in dealings.



LMALA recognize that the clan based companies continue to be the primary shareholders in the
Anitua group and that the strategy being implemented over recent years aimed at Anitua is purely
clan owned (rather than having individual shareholders) remains.



LMALA also recognize the continued and necessary existence of family owned businesses. The
expectation is that the SIC will, as appropriate, provide financial resources to these family
businesses subject to approval from the SIC board and executive. Attachment 3 outlines these
relationships.




5. The process of obtaining consent



LMALA, LBS and Anitua have already commenced the process of meeting with area block owners and
outlining the strategy to create and utilize the SIC. Consequently we believe the process has
already started.



To support the strategy LMALA requires confirmed access to funding from LGL. These funds will form
the seed funding that will be leveraged by the SIC to both generate ongoing income for its
shareholders (the area block owners) and provide a source of funding for family companies seeking
to capitalize on business opportunities.



Insofar as LGL addressing recital 1.4 and in return for the K40 million funding, LMALA will work
diligently with the SIC to do everything reasonable to ensure LGL has the access it requires to
undertake the MOPU project.



Attached (Attachment 4) is a copy of a presentation to the Saberte SIC that was instrumental in
gaining support and consent to access the Kapit area for the stockpile relocation. Whilst this is
not part of the MOPU project, it is indicative of the methodology LMALA will adopt with the
Special Interest Companies.




a. The Agreements with Area Companies



Attached (Attachment 5) is a copy of one of the Agreements already in place with the Saberte
(Kapit) SIC. Whilst this Agreement does not relate to the MOPU project, it is the model that has
been introduced into the Caldera, Balasie, Londolovit and Kunaye SIC’s There is also a an
Agreement between LMALA and the individual block executives (Attachment 6) for the Saberte SIC
that in all likelihood would also be introduced into the MOPU SIC’s





3











 





6. Timeframes




	 	 	 	 	 	 	 
	No	 	Action	 	Responsible	 	By When
	1	 	Complete landowner identification at LMP
	 	LGL	 	 
	2	 	LMALA Chairman’s letter of comfort re the MOPU project
	 	LMALA	 	 
	3	 	Complete landowner identification along the Putput to
Wurtol road for ME
	 	LGL	 	 
	4	 	Addressing of and LMALA acceptance of pre MOPU outstanding
issues
	 	LGL	 	 
	5	 	LMALA Chairman’s approval of MOPU project
	 	LMALA	 	 
	6	 	Complete MOPU awareness along the Putput to Wurtol road
	 	LMALA	 	 
	7	 	Complete Compensation Agreement for Wurtol Lease for Mining
Purposes
	 	LGL/LMALA	 	 
	8	 	Complete Compensation Agreement for Putput to Wurtol Mining
Easement
	 	LGL/LMALA	 	 
	9	 	Wurtol Lease for Mining Purposes approval
	 	LGL	 	 
	10	 	Putput to Wurtol Mining Easement approval
	 	LGL	 	 






Release of Funds by LGL



LMALA acknowledges that LGL requires visibility in regard to the use of the
funds. This includes LMALA providing evidence that the SIC Directors are
aware that the funds were provided by LGL and made available by virtue of
MOPU. Such evidence will be provided by way of signed minutes of meetings.



LGL will release K20m of funds within 14 days of this letter, and will release
a further K20m within 28 days from the date of this letter.



The funds shall be released as loans from LGL into the SIC accounts.



Any movement of the funds shall require three signatories of which a minimum
of 2 must be “A” signatories and one “B” signatory. The chairman of the SIC
board will be eligible as a “B” signatory and “A” signatories shall be from
senior management personnel of both LBS and Anitua. No cheque shall be signed
without duly completed cheque requisitions. All CAPEX expenditure must have
unanimous board approval.




7. Use of funds



LGL acknowledge that expenses will be incurred as part of its efforts to
obtain consent. LMALA will ensure that such expenses are appropriate, and
paid from the K40m of funds available for MOPU.



LMALA acknowledges that LGL requires the funds, other than expenses, to be
allocated solely to SIC and other affected areas that may be determined and
agreed upon by both LMALA and LGL. LGL acknowledges that LMALA will determine
the split of funds between the SIC’s.




8. Intention — Consent and Uninterrupted Operations



LMALA acknowledges that LGL seeks consent to proceed with the MOPU project
uninterrupted.



Consent is understood to mean that the landowners of Lihir, through
their representative LMALA, agree that the MOPU project can proceed
unhindered. Such consent will be provided in writing, by me as Chairman of
LMALA, with the expectation that it will be tabled by LGL with the Mineral
Resource Authority (MRA). LMALA acknowledges that MRA will likely require the
process by which LMALA obtained consent to be outlined and agree to provide
such outline in writing if required.





4









 







LMALA also acknowledges that LGL seeks uninterrupted operation. LMALA considers this means
no disruption to ongoing operations or MOPU construction activities. Should any dispute occur,
LMALA, Anitua and LBS will actively work to restore normal operations. Should any dispute occur
that affects MOPU but is not relevant to any of the agreements and understandings that LMALA has
with the SICs, then LGL will at its cost work with LMALA to rectify the issue, e.g. should an LGL
vehicle run over a pig along the easement road to Wurtol then this would be outside of any
understanding between LMALA and LGL in relation to MOPU.



LMALA wishes to see the MOPU project be given Government approvals from such entities as the DEC
and the Environment Council as well as MRA and the MRA chaired State Team. As such LMALA will also
assist LGL and lobby these entities where necessary for the approvals to be given in a timely
manner.




9. Timing of Consent



LMALA acknowledges that consent to proceed with the MOPU project is a fundamental outcome giving
rise to LGL’s preparedness to make available the K40 million.



As Chairman of LMALA, I confirm my stated view that following the rollout of the strategy to each
of the affected areas, it is my expectation that consent will be given as soon as practical
thereafter in accordance with the timetable outlined earlier in this letter.




10. Conclusion



We thank you for your demonstration in trust of LMALA by supporting our strategy and look forward
to providing you with your desired outcomes.




Yours sincerely

Lihir Mining Area Landowners Association Inc




Chairman





5











 









	ATTACHMENT -1
KUNAME INVESTMENT TOWN SPECIFIC ISSUE LONDOLOVITWERSABERTE LTD CALERAL LTD BOUNDARIES OF SPECIFIC
ISSUE COMPANIES LOOR BOLD LIMITED





 









 









	ATACHMENT – 2
LIHIR GOLD MINE SML 6-JLANDHOLDING BY THE SIX MAIN CLAN DETAIL INFORMATION MAP LIHIR ISLAND





 









 









	ATTHCHMENT t-3
KAPIT BLOCKOWERS K6-0 MILION LIHIR GOLOD LIMITED INCOME STREAMS INTEREST SABERTE LIMITED HIRE
AGREEMETN ANITUA GROUP INCOME STREAMS ACCOMMONDATION ACCOMOODATION eARTHMOVING INVESTMENT FUND
PURCHASE ASSETS FAMILY BUSINESSES PURCHASE ASSEST TOTAL





 









 









	SABERTE
ATTACHMENT – 4 ANITUA





 









 









	MY TALK TODAY BACKGROUND SABERTE LIMITED SABERTE LIMITED THE MODEL INCOME OFR SABERTE & FAMILY
BUSINESSES ANITUA THE FUTURE THE AGREEMENT ANITUA





 









 









	BACKGROUND LGL WISHES TO COMMENCE MINIG ACTIVITIES TIN THE KAPIT AREA. LGL HAS OFFERD TO PROVIDE TO
HELP AANDOWNERS FROM THE AREA INVOLOVE THEMSELVES TO SAERTE LIMITD HAS BEEIN ESTABLISHED TO
FACILITATE THIS INVOLVEMENT. ANITUA MINING SERVICES HAS THE EXPERTISE AND EQUIPMENT TO UNDERTAKE
THE ACTIVETISES ON BEHALF OF SABERTE. ANITUA





 









 









	PURPOSE: TODAY WE SEEK TO TRY AND REACH AGREMENT BETWEN THE KAPIT LANDOWNERS, LIHIR BUSINESS SERCES
AND ANITUA MINIG SERVICES TO UNDERTAKE EARTHMOVING AND MINING ACTIVITIES IN THE KAPTI AREA. ANITUA





 









 









	SABERTE LIMITED: SABERTTE LTD ANITUA





 









 









	SABERTE LIMITED INCORPORTED IN EARLY 2009 PRPRESENT ALL BLACK OWNERS FROM THE KAPIT AREA. CURENT
FOUNDING DIRECTORS ARE JOE YESIAT, MEL TUKATEA, MARYANNE WINUALIN AND BRUNO SASIMUA. FONDING
DIRECTORS WILL EITHER BE ENDORSE OR REPLACED PROPOSE THAT EACH BLACK WILL BE ISSUED WITH ONE H
SHARE PROPOSED THAT MANAGEMENT OF SABERTE’S COMMERCIALA AND FINANCILA AFFAIRS BE THE RESPONSIBILITY
OF LIHIR BUSINESS SERVICES. ANITUA





 









 









	PROPOSED MODEL ANITUA





 









 









	Saberte Income From:
Return on assets and equipment purchased by Saberte and hired to Anitua Mining Services
Interest form the investment fund established using the advance from LGL
Propose that Saberte will distribute income by way of rental payments to block owners.





 









 









	Family Business Income From:
? Return on assets and equipment purchased by family businesses and hired to Anitua Mining Services
anitua





 









 









	Anitua is:
? 100% owned by Lihirians
? formed by Lihiria s for Lihirians
? Well managed
? A large company and growing
? The best vehicle to establish long term sustainable business for Lihirians
anitua





 









 









	Anitua exists to:
? develop sustainable business opportunities for Lihiriands provide common direction and common
goals work closely with the Lihirians be the commercial arm of the Lihirians to maximize
opportunities for Lihirians create a sustainable economy before mine closure anitua





 









 









	Anitua Provides :strong leadership superior support services a safe working environment growth
opportunities for Lihirians(on and off Lihir) existing systems and procedures a proven track record
of success anitua





 









 









	The Future : Working together is the nly way to ensure that the Kapit landowners maximise the
opportunity that is in front of them. What we are offering is real and it’s available now. The mine
life is already past the half way mark. Kapit must unite and capture their opportunities now to
ensure a prosperous future. anitua





 









 









	Thank you Any Questions? anitua
anitua






 












 





ATTACHMENT — 5




LIHIR BUSINESS SERVICES




BETWEEN



Kapit Block-Executives



AND



Saberte Limited



AND



Lihir Mining Area Landowners Association Inc



AND



Anitua Mining Services Limited



AGREEMENT




 









 





BETWEEN





	1.	 	All Executives (“the Executives”) of blocks of land generally located in the Kapit area of
Lihir and identified on the map included herein at Appendix “A” of the first part;
	 
	2.	 	Saberte Limited (“Saberte”) of the second part;
	 
	3.	 	Lihir Mining Area Landowners Association Inc. (“LMALA”) of the third part; and,
	 
	4.	 	Anitua Mining Services Limited (“Anitua”) of the fourth part.





WHEREAS





	1.	 	The Executives are rightfully empowered to make decisions regarding the blocks of land to
which they have been appointed to the position of Block Executive.
	 
	2.	 	Saberte has been established to represent the interests of customary landowners of the
blocks of land contemplated herein.
	 
	3.	 	The founding Shareholders and Directors of Saberte are Joe Yesiat, Mel Tukata, Maryanne
Winualin, and Bruno Sasimua.
	 
	4.	 	LMALA represents the interests of customary landowners affected by the development and
operations of Lihir Gold Limited (“LGL”).
	 
	5.	 	Anitua operates a mining-services, heavy-equipment hire, and civil construction business.
	 
	6.	 	LGL wishes to commence mining and associated activities in the Kapit area and has agreed
Anitua be engaged to undertake much of the work required.
	 
	7.	 	The Parties hereto wish to organize themselves to participate in the supply of goods and
services to LGL and have agreed to do along the lines outlined in this Agreement.





THE PARTIES AGREE AS FOLLOWS





	1.	 	This Agreement begins on 1st July 2009 and shall continue until agreed in writing
by all Parties.
	 
	2.	 	Immediately after signing of this Agreement the Directors of Saberte shall meet and:






	 	2.1	 	approve the allotment of one share in the Company to each of the Executives;
	 
	 	2.2	 	seek endorsement of their appointment as Directors of the Company or (where
necessary) appoint replacement Directors;





Page 1 | 5




 









 






	 	2.3	 	resolve to appoint Lihir Business Services Limited to be responsible for
the management of the Company’s commercial and financial affairs;
	 
	 	2.4	 	resolve to adopt a business plan prepared for Saberte by Lihir Business Services;
	 
	 	2.5	 	resolve to request that funds offered by LGL to promote business development
activities in the Kapit area be made to Saberte;
	 
	 	2.6	 	resolve to utilize funds provided by LGL to establish a fund which can be utilized to
guarantee loans and financial facilities for Saberte and businesses owned by the
families of customary landowners of Kapit.






	3.	 	Anitua will assist Saberte and the landowners of Kapit to identify and acquire assets and
equipment and will enter into hire agreement to use the assets and equipment to carry out
its obligations to LGL
	 
	4.	 	Dispute Resolution






	 	4.1	 	In the event of a dispute between any of the Parties, any Party may request the
President of the PNG Chamber of Mines to appoint a suitably qualified person to
arbitrate over the dispute and the decision of the suitably qualified person shall be
binding on all Parties.
	 
	 	4.2	 	During the course of any dispute, no Party shall take any action or do anything what-
so-ever which in anyway disrupts the business or affairs of another Party and in the
event any disruption does take place; the suitably qualified person described at Clause
(5.1) shall be empowered to assess damages.





	 	 	 	 	 
	Signed as an AGREEMENT:
	 	 	 	 
	 
	 	 	 	 
	by the said:
	 	 	 	 
	 
	 	 	 	 
	Executive Block 13

	 	Executive Block 14,28
	 	Executive Block 15
	 
	 	 	 	 
	Executive Block 16,811,292,

	 	Executive Block 17,21
	 	Executive Block 18
	 
	 	 	 	 
	Executive Block 19,23

	 	Executive Block 20	 	 






Page 2 | 5




 









 





	 	 	 	 	 	 	 	 	 
	on behalf of SABERTE LIMITED by:	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Name:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Position:

	 	DIRECTOR
 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	In the presence of:

	 	 	 	 	 	

 

Signature of authorised person
	 	 
	 
	 	 	 	 	 	 	 	 
	Signature of Witness:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Full Name of Witness:

	 	 
 

	 	 
	 	 	 	 






	 	 	 	 	 	 	 	 	 
	on behalf of LIHIR MINING AREA LANDOWNERS’	 	 	 	 	 	 
	ASSOCIATION INC. by:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Name:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Position:

	 	Chairman
 

	 	 
	 	

 

Signature of authorised person
	 	 
	 
	 	 	 	 	 	 	 	 
	In the presence of:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Signature of Witness:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Full Name of Witness:
	 	 	 	 	 	 	 	 






	 	 	 	 	 	 	 	 	 
	on behalf of ANITUA MINING SERVICES LIMITED	 	 	 	 	 	 
	by:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Name:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Position:

	 	GENERAL MANAGER
 

	 	 	 	 	 	 
	 

	 	 	 	 	 	
 

Signature of authorised person
	 	 
	 
	 	 	 	 	 	 	 	 
	In the presence of:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Signature of Witness:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Full Name of Witness:
	 	 	 	 	 	 	 	 






Page 4 | 5




 









 





APPENDIX “A”



THIS IS THE MAP REFERED TO IN THIS AGREEMENT AND WHICH IDENTIFIES THE BLOCKS COVERED BY THIS AGREEMENT.









Page 5 | 5





 











 





ATTACHMENT
— 6






MEMORANDUM OF AGREEMENT



BETWEEN


LIHIR MINING AREAS LANOWNERS ASSOCIATION
INC.


AND



CLEMENT SENIS OF BLOCK NO.# [397]



1









 





MEMORANDUM OF AGREEMENT Dated the 1st day of August 2009




	 	 	 
	BETWEEN

	 	LIHIR MINING AREA LANDOWNERS ASSOCIATION INC. (LMALA,) an association
incorporated in Papua New Guinea and having its registered office at the LMALA Office
Complex, Londolovit Township, Lihir Island, New Ireland Province.
	 
	 	 
	AND

	 	                     being Block Executive of the parcel of land known as
BLOCK No.# 397]care of P O Box 20, Lihir Island, New Ireland Province






RECITALS





	 	A.	 	LMALA was incorporated as the Landowner association with the major obligation to
protect and advocate the interests of all the landowners whose land which be affected by
the activities of the Lihir Gold Project.
	 
	 	B.	 	All the landowners of land that are and will be affected by the activities of the
Lihir Gold Project became members of LMALA since it was incorporated and established.
	 
	 	C.	 	LMALA advocated unity among the landowners particularly block owners of all land
which were affected by the operation of the Lihir Gold Project for the last 14 years. It
was the sole voice of the land owners that was recognized by law and all the stakeholders
of the Lihir Project including the State, Lihir Gold Limited (LGL), New Ireland Province
and the Nimamar Rural Local Level Government.
	 
	 	D.	 	A splinter group now threatens to split the members of LMALA and has caused
disharmony between the members of LMALA and its leadership.
	 
	 	E.	 	LMALA wish to ensure that all its members are still united with one voice as per the
terms and condition of this Memorandum of Agreement.






TERMS:




1. Acknowledgement




The parties acknowledged that some elements of its members have tried and have continued to
try and disturb the solidarity and unity of its members by attempting to incorporate another
landowner association and subsequently landowner company to represent the Kapit Stockpile
blockowners separate from LMALA and Anitua Limited.




2. Committent by LMALA



2









 






LMALA hereby undertake and commit to:




	 	•	 	Continue to keep, uphold and protect the unity of its members and solidarity
among its members.
	 
	 	•	 	Continue to be the sole, legal and genuine voice of the landowners on whose land
the Lihir Project is operating in relation to dealing with landowners issues,
grieviances or queries.
	 
	 	•	 	Continue to be the place where all landowner queries and issues are raised and
advocated and resolved with the relevant stakeholders especially the State, LGL, New
Ireland Provincial Government and the Nimamar Rural Local Level Government.






3. Commitment by Blockowner




The Blockowner being the Block Executive of the parcel of land known as
                     and identified on the
map as Block No: [397] within the                      Area and having the
authority to act for and on behalf of my clan members who are also members of Block No      hereby
declare that:




	 	•	 	we shall remain and shall always remain members of the LMALA; and
	 
	 	•	 	my clan members do not support and will not support the formation of the new
association;
	 
	 	•	 	LMALA shall be the place where all our issues, greiviances and queries are
raised, refferred and resolved;
	 
	 	•	 	as members of LMALA we give our mandate to the Leadership of LMALA keep, uphold
and protect our interests.






4. AMENDMENT




This agreement may only be waived, varied, modified, amended or added to by agreement in
writing signed by both Parties.




5. DURATION




The undertakings and declarations under this agreement subsist for the duration of the term of this
Agreement which shall be the life of the Lihir Gold Project.




6. GOVERNING LAW AND JURISDICTION




This agreement must be construed in accordance with the laws of Papua New Guinea and both Parties
submit to the non-exclusive jurisdiction of Courts of Papua New Guinea in relation to any dispute
arising out of or in connection with this agreement.




7. SEVERABILITY AND LAW







3









 









Any part or all of any provision of this agreement that is illegal or unenforceable may be
severed from this agreement and the remaining provisions of this agreement continue in force.




8. COUNTERPARTS




This agreement may be executed in any number of counterparts and all of those counterparts
taken together constitute one and the same instrument.



EXECUTED as an agreement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SIGNED for and on behalf of LMALA

	 	 	)	 	 	 	 	 	 	 	 	 
 

	 	 
	by the Chairman in accordance with

	 	 	)	 	 	 	 	 	 	 	 	 
 

	 	 
	the provisions of its constitution

	 	 	)	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	 
 

	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SIGNED by [CLEMENT SENIS]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	who execute this Agreement in

	 	 	 	 	)	 	 	 	 	 	 	 
 

	 	 
	the presence of:

	 	 	 	 	)	 	 	 	 	 	 	 
 

	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	  

Signature
of Witness

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	  

Name
of the Witness

	 	 	 	 	 	 	 	 	 	 	 	 	 	 






4