The Banks

There are a number of  banks and financial institutions (including investment services) involved with MMJV’s operations through links with Newcrest and/or Harmony Gold – as either shareholders, lenders or provider of banking services. These include:

  • Deutsch Bank (Harmony)
  • Commonweath Bank Australia (Newcrest)
  • National Bank (Newcrest)
  • Barclays (Newcrest)
  • Credit Suisse (Newcrest)
  • ANZ (Newcrest)
  • Bank of America (Newcrest)
  • First Eagle Investments (Newcrest
  • Blackrock (Newcrest, Harmony)
  • Van Eck and Associates (Newcrest, Harmony)
  • Westpac (Newcrest)

There are also many bank linked nominee companies who effectively hide shareholders assisting them to avoid responsibility for their investments, which while not unique to Australia is ubiquitous throughout the Australian mining industry, these include:

  • HSBC
  • JP Morgan
  • National Nominees
  • BNP Paribas
  • AMP Life
  • Citicorp
  • Merrill Lynch Australia
  • UBS


Many of these institutions are members of the Equator Principles and should be applying them to MMJV’s operations. See our assessment of impacts under the Equator Principles at Hidden Valley.