PorgeraJV

The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). It is operated by Barrick (Niugini) Limited ("BNL") which owns 95 …

Barrick and Papua New Guinea Progress Porgera Negotiations

The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,200-2,600 metres in the Enga Province of Papua New Guinea, about 600 kilometres north-west of Port Moresby. BNL is a joint venture company in which Barrick and Zijin Mining Group each own 50%. Enquiries: Kathy du Plessis Investor and Media …

PorgeraJV

The first gold pour was on 20 September 1990 and the mine was officially opened by the then Prime Minister of PNG, Rabbie Namaliu on 20 October 1990. The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). It is operated by Barrick (Niugini) Limited which owns 95 percent participating interest in PJV.

The $100bn gold mine and the West Papuans who say they are counting the

Recent census data shows Papua's GDP per capita at $3,510, compared to the Indonesian average of $2,452. Yet Papua has the highest poverty rate in the country, nearly three times the national ...

Panguna mine at centre of bloody Bougainville …

The mine at the centre of the decade-long civil war between rebels in Bougainville and Papua New Guinea security forces is set to reopen 30 years after it was forced to close, following an ...

Porgera gold mine to shine again

The Porgera gold mine, in Papua New Guinea, is ready to shine again. The mine, shut down in April 2020, will resume production this month and start pouring gold …

Wafi-Golpu Gold and Copper Project, Papua New Guinea

The Papua New Guinea government has the right to purchase 30% equity interest in any mineral discovery at Wafi-Golpu, before the commencement of mining. The Wafi-Golpu project is expected to start production in 2020, with annual production peaking in 2025, at 320,000 ounces (oz) of gold and 150,000t of copper.

Woodlark Gold Project, Milne Bay Province, Papua New Guinea

The Woodlark gold project is an open-pit mine being developed on Woodlark Island in the Milne Bay Province of Papua New Guinea (PNG). Environmental approval for the gold project was granted in 2014, and the definitive feasibility study (DFS) was completed in November 2018. The project is expected to produce 967,117oz of gold …

RTG to acquire Mt Kare gold project in Papua …

RTG Mining (ASX:RTG, TSX:RTG) has announced its intention to acquire a majority stake in the Mt Kare gold project in the Enga province of Papua New Guinea. To carry out the plan, the Australian ...

Mining in Papua New Guinea: A complex story of trends, impacts …

1. Introduction. There is no perhaps other country in the world that has such a complex story to tell about mining than Papua New Guinea (PNG) (e.g. Connell, 1997) – despite the often geologically young nature of PNG mineral deposits and an abundance of mineral and other natural resources, it remains contentious as to whether mining's …

Lihir | Newcrest

Approximately 4,500 people are employed at Lihir which has a combination of residential and fly-in-fly-out personnel, around 90 per cent of employees are Papua New Guineans. Newcrest supports PNG-based suppliers and …

Home | Tolu Minerals

Papua New Guinea is a world-class gold and copper producer, but remains undervalued and under developed. Tolu Minerals is strategically positioned to participate in the renaissance of the PNG mining sector that is evidenced by the success of TSX listed K92 Mining Inc and recent corporate transactions such Newcrest – Barrick. The company …

Wafi-Golpu gold project, Papua New Guinea – update

Wafi-Golpu gold project. The project is located 65 km south-west of Lae, in the Morobe province of Papua New Guinea (PNG). Wafi-Golpu Joint Venture (WGJV), comprising Harmony Gold and Newcrest ...

Gold in Papua New Guinea

Leading producers of gold in Papua New Guinea are Newcrest Mining, Zijin Mining Group, Harmony Gold Mining and Barrick Gold. During 2020-2021, Newcrest …

Papua New Guinea: Five Largest Mines in 2021

OK Tedi Mine in Western Province (Fly), was the largest mine in Papua New Guinea, producing approximately 23.58 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The OK Tedi Mine is owned by Mineral Resources Development Co Ltd;Government Of Papua New Guinea, and is due to operate until 2030. The second …

Barrick Gold Corporation

"We intend to partner with all key stakeholders to make Porgera a world-class, long-life gold mine," he said. About Porgera. The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,200-2,600 metres in the Enga Province of Papua New Guinea, about 600 kilometres north-west of Port Moresby.

Barrick Gold Corporation

PORGERA, Papua New Guinea, June 04, 2021 (GLOBE NEWSWIRE) - The process of re-opening the Porgera gold mine under the terms of the binding framework agreement between the government and operator Barrick Niugini Limited (BNL) took a major step forward with a discussion between Barrick President and Chief Executive …

Grasberg: The World's Largest Gold Mine | Mining Digital

The Grasberg DOZ block cave mine is one of the largest underground operations in the world. Currently, about 75 percent of the Freeport production is sourced from its open-pit. Production equipment includes 30m3-42m3 buckets, a 170-strong fleet of 70t-330t haul trucks, together with 65 dozers and graders with radar, GPS and robotics …

Kainantu Mine: High-Grade Gold Production | K92 Mining Inc.

Kainantu Mine. K92 Mining is focused on operating and expanding the Kainantu Gold Mine, located in Eastern Highlands province, Papua New Guinea. Since acquiring the project from Barrick Gold in 2014 and restarting in late-2016, K92 has transformed Kainantu into a rapidly expanding both producer and mineral resources.

Mining Pollution Limits Access to Clean Water in …

A new report titled Red Water documents the social, environmental, economic, and health impacts of gold mining in Porgera, Papua New Guinea. The report finds that the communities affected by …

Leading Gold Mining Growth in Papua New Guinea | K92 Mining …

K92 Mining owns the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea. The Kainantu Gold Mine is a high-grade, low cost underground mine within a ~830 km2 land package in a region known for Tier 1 deposits. At the end of 3Q20, K92 commissioned its Stage 2 Expansion doubling throughput to …

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What we do. The Mineral Resources Authority (MRA) is a government institution established to regulate, grow and sustainably manage the mining (minerals) industry to maximize mineral export revenue for Papua New Guinea. It is the custodian of over 15,000 volumes of exploration reports and over 900,000 data points of mineral data.

The Companies With Gold Mines In Papua New …

The Lihir Project is located on Lihir Island in PNG. It is currently a producing operation and produced 932,784 ounces of gold in 2019. The Lihir mine's total revenue was $1.23 billion. The ...

Lihir Gold Mine, Lihir Island, Papua New Guinea

Projects. February 9 2023. Lihir Gold Mine, Lihir Island, Papua New Guinea. The Lihir gold mine is expected to become a one-million ounces-plus gold producer for at least a …

HISTORICAL OVERVIEW OF MINING IN PNG

Trevor Neale Melanesian Resources. Papua New Guineans have been mining and manufacturing stone implements, harvesting oil seeps and using clay for pottery for about 40,000 years, however metals never became part of the indigenous culture. The first reported traces of gold were from pottery collected in Redscar Bay to the west of Port …

Papua New Guinea: Proposed re-opening of Tolukuma gold mine …

Papua New Guinea: Proposed re-opening of Tolukuma gold mine raises environmental and social concerns. See all tags See all tags ... A LOCAL woman leader and environmental activist is querying the bid by a local gold mining company Lole Mining Limited to revive and operate 100 percent of Tolukuma Gold Mine for K50 million in the …

Barrick cleared to restart Porgera gold mine in Papua New Guinea

Barrick Gold (TSX: ABX; NYSE: GOLD) has received the go-ahead from the government of Papua New Guinea to restart the Porgera mine, which has been placed on care and maintenance for three years ...

Papua New Guinea Gold Mine Set to Reopen After Foreign …

The largest Chinese-backed gold mine in Papua New Guinea (PNG) is expected to reopen this year, two years after getting mothballed in the wake of a local government takeover, now that Zijin Mining Group Co. Ltd. (601899.SH) and its foreign partner have agreed to give up half their stake in the project.. A binding "reboot …

Mining in Papua New Guinea | Harmony

Papua New Guinea Miningand Petroleum Conference 2022. 5 -7 December 2022. Presentation. Fact sheet. Animation. Papua New Guinea is a under-explored treasure trove, and home to Harmony's open-pit gold and silver mine Hidden Valley.

Barrick to resume Porgera gold mining in PNG this month

December 11, 2023. Share this article. The Porgera mine is forecast to produce 700,000oz of gold per year. Credit: Posin Miok/Shutterstock. Canadian gold miner Barrick …