Jun 02 2020nbsp018332The government of Papua New Guinea has announced that it will not renew Barrick Niugini Limiteds 20year Special Mining Lease for the Porgera gold mine
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Jun 02 2020nbsp018332The government of Papua New Guinea has announced that it will not renew Barrick Niugini Limiteds 20year Special Mining Lease for the Porgera gold mineRead More
Apr 23 2020nbsp018332Papua New Guinea PNG is an isolated island nation in the South Pacific home to some 60000 artisanal miners who produce nearly 4 tonnes of gold per year COVID19 arrived in PNG only in late March with currently 8 reported casesRead More
The Hidden Valley mine is an open pit gold and silver mine situated in the Morobe province in Papua New Guinea some 210km northwest of Port Moresby and approximately 90km southsouthwest from Lae the capital of the provinceRead More
Jul 17 2019nbsp018332About 210km northwest of Port Moresby Hidden Valley is an open pit gold and silver mine in the Morobe province in Papua New Guinea In 2016 South African miner Harmony Gold became the sole owner of the project after its JV partner Newcrest sold its 50 interestRead More
Mining effectively commenced in Papua New Guinea in 1888 with the discovery of payable gold in Sudest Island near Misima IslandMorobe Goldfield was discovered in 1922 which continued to operate till the Second World War It was a world class goldfield by the standards of the time reaching a peak production of 85 tonnesyear of gold in 1942Read More
Aug 17 2020nbsp018332Indonesian troops have fatally shot a separatist leader in ongoing clashes between security forces and a rebel group near the worlds largest gold mine in Indonesias easternmost PapuaRead More
Apr 28 2020nbsp018332Papua New Guinea has threatened to take control of a gold mine operated by Barrick Gold Corp in the country after Barricks local unit suspended operations at the weekend following news the mineRead More
Indonesian troops fatally shot Hengky Wanmang a leader within the Free Papua Organisation in ongoing clashes between security forces and a rebel group near the gold mine in easternmost PapuaRead More
The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 22002600 meters in the Enga Province of Papua New Guinea about 600 kilometers northwest of Port Moresby Barrick and Zijin Mining Group each own 475 of the operation with the remaining 5 interest held by Mineral Resources Enga NewsRead More
Sep 19 2019nbsp018332In this episode of Mining for Opportunities Senior VicePresident of K92 Warren Uyen discusses the development of K92s Kainantu Gold Mine in the Eastern Highlands of Papua New Guinea K92 exports goldcopper concentrate and most of the mine employee are PNG nationals Warren outlines the challenges of operating a mine in PNG includingRead More
Sep 30 2018nbsp018332The Kainantu Gold Mine is located in the Eastern Highlands Province of Papua New Guinea approximately 180 km westnorthwest of Lae The mine is serviced by a sealed road from Lae to within 8 km of the site and also has grid power from the nearby Yonki Dam hydroelectric scheme Fullstandby power generation is also located onsiteRead More
The pacific island of Papua New Guinea is one of the worlds most resource rich countries hosting nearly 7 percent of global biodiversity and important reserves of gold copper and hydrocarbonsRead More
Some goldmining companies are working to help overcome challenges faced by lowincome and remote communities such as access to financial products For many people around the world easy access to banking services is taken for granted with branches or automated teller machines ATMs on virtually every street cornerRead More
In addition Harmony Gold operates the Hidden Valley openpit gold and silver mine in Papua New Guinea where it also holds a 50 percent stake in the WafiGolpu coppergold project a jointRead More
Papua New Guinea gold mines maps information on Papua New Guinea mining areasRead More
Currently Indonesia produces around four percent of global gold production half of which originates from the giant Grasberg mine the world largest gold mine on the western half of Papua This mine which is believed to contain the worlds largest gold reserves 674 million ounces is majorityowned by the American company FreeportMcMoRanRead More
Since 1970 the mining industry has dominated PNGs economy Mineral exports are gold copper silver nickel and cobalt PNG mines are spread across the country the largest of which include Ok Tedi Copper and Gold Mine Porgera Gold Mine Lihir Gold Mine Hidden Valley Gold Mine Simberi Gold Mine Tolukuma Gold Mine and Ramu Nickel MineRead More
Jun 24 2020nbsp018332SINGAPORE Barrick Gold Corp will lay off most staff at its Porgera gold mine in Papua New Guinea the mines operator said on Wednesday a signal that an impasse with the government over ownership is unlikely to be resolved swiftly Canadas Barrick the worlds secondbiggest gold miner was refused an extension of its expired leaseRead More
Apr 03 2020nbsp018332Their spokesperson warned employees of Grasberg gold mine which is operated by PT Freeport Indonesia PTFI to leave Papuas mining areas which theRead More
K92 Mining owns and operates the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea The Kainantu Gold Mine is a highgrade low cost underground mine in a region known for Tier 1 deposits K92 is operated by an experienced team of mining company professionals who combined have been involved in building over 20 mines andRead More
This follows the signing of the mining lease by Mines Minister Byron Chan at Alotau International Hotel on Friday a month after the Mining Council approved the lease for Papua New Guineas latest smallscale gold mine projectRead More
Jun 03 2018nbsp018332The mine in question is owned by an American company Newmont Mining Co which was funded in part by the lending arm of the World Bank In Papua New Guinea a team of attorneys and environmental scientists reported that many communities living close to gold mines suffer from episodic water insecurity poor sanitary conditions and chronic povertyRead More
Feb 10 2020nbsp018332China is currently leading the global gold mine production at an estimated 420 metric tons in 2019 while Australia is second producing about 330 metric tons in the same year GoldRead More
In remote areas like Papua this means less monitoring and more potential rights abuses taking place in their mining operations In fact national police and military are in charge of maintaining order so that copper and gold can be safely extracted and tax revenues can flow into JakartaRead More
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