The Wafi-Golpu project's State Negotiating Team is thought to be in the final stages of discussions with shareholding companies. However, due to the National General Election, most of the work on the ground has been put on pause. Any development forum procedure that arises following the successful completion of the mining development contract discus...
Photo: Porgera Mine Given the delayed pace in obtaining stakeholders to sign off on the Porgera Project Commencement Agreement and progress shareholders agreement, the reopening of the Porgera mine is currently on hold. Jerry Garry, managing director of the Mineral Resource Authority, said the State Negotiating Team (SNT) is continuing in talks wit...
Photo: The new Camps and Catering Office and carpark Ok Tedi Mining Limited (OTML) is committed to providing a safe and conducive working environment for its employees and business partners. Managing Director and CEO Musje Werror made these remarks during the opening of the new Camp Administration office and a cafeteria in Tabubil on the 25th of Ma...
Photo credit: PNG Chamber of Mines and Petroleum The Mineral Resources Authority (MRA) has commended St Barbara for the application of modern technology in the safe operation of its Deep-Sea Tailings Placement pipeline and in its fleet of heavy equipment at its Simberi mine. MRA Managing Director Jerry Garry, who visited Simberi mine for the very fi...
Photo credit: Adyton Resources Adyton Resources Corporation is pleased to report that its recent preliminary metallurgical test work program performed by leading Australian metallurgy company Core Metallurgy Pty Ltd confirmed that ROM (‘run of mine”) ore samples from the Gameta deposit upgraded well using a limited range of conditions and produced a co...
Photo: Mining Warden Kopi Wapa addresses local Wapolo Landowners Adyton Resources Corporation is pleased to report that it has successfully completed a Wardens Hearing for the renewal of Exploration Licence EL 2549. The Hearing, which is a mandatory processstep in the renewal for all exploration licenses in PNG, was conducted by senior Mineral Resource...
Photo credit: Ok Tedi Mining According to the company, Ok Tedi Mining Ltd (OTLM) will complete the shift from current lower grade ore to high grade ore sources, over the next 12 months. Musje Werror, managing director and chief executive officer of OTML, and Roger Higgins, board chairman, said they had hoped to see the transition by the fourth quart...
Photo credit: Ok Tedi Mining - Mr Musje Werror The Coronavirus (Covid-19) pandemic hit OK Tedi Mining Ltd (OTML) hard in 2021, creating production losses and incurring significant costs, according to the company. Despite this, according to OTML's annual report for 2021, the company remained profitable, debt-free, and paid a K450 million yearly divid...
Photo credit: K92 Mining K92 Mining Inc. is pleased to announce results from the ongoing underground diamond drilling of the Kora and Judd deposits at the Kainantu gold mine in Papua New Guinea. The results for the latest 116 diamond drill holes completed from underground into the Kora and Judd deposits are summarized in Table 1 and Table 2 below. T...
Photo credit: Kingston Resources - Figure 1: Misima Gold Project site layout Kingston Resources Limited is pleased to advise that it has taken an important step towards bringing the Misima Gold Project into production with the completion of a positive Definitive Feasibility Study (DFS). The DFS confirms the potential for a large-scale, long-life, l...
Photo credit: Geopacific Resources - Figure 2: Mining Lease exploration target areas Geopacific Resources Limited is pleased to provide further updates on its successful grade control and resource extension drilling at the Woodlark Gold Project. Chief Executive Officer, Tim Richards commented “The grade control and resource extension drilling campai...
Governor Sir Peter Ipatas claims that the Enga provincial administration has lost over K70 million since the closure of the Porgera gold mine two years ago. Sir Peter stated that during the mine's closure, all parties suffered losses, but that everyone must wait for the final agreement for the mine's reopening to be inked. He added that landowners a...
Photo credit: K92 Mining Inc. K92 Mining Inc. is pleased to announce financial results for the three months ended March 31, 2022. Safety Strong focus on safety with one of the best safety records in the Australasia region since commencement of operations. Proactive and focused management of COVID-19. K92 has continuously operated throughout ...
The multi-billion-kina Porgera gold mine in Enga, according to Porgera Chamber of Commerce and Industry head Nickson Pakea, must reopen shortly to promote economic activity and solve criminality in the district. “The law and order issues in the district is partially due to the shutdown of the mine and those with access to guns taking advantage to condu...
The reopening of the Panguna Mine has become inevitable following an agreement between the landowners and the Autonomous Bougainville Government to reopen the multibillion kina defunct mine. Following the meeting of the ABG and the Panguna Mine Landowner Clan Chiefs held at Tunuru Catholic Mission, Kieta District on Wednesday 04 May 2O22 and the signin...
Photo credit: Post Courier Mineral Resources Authority and Department of Mineral Policy and Geohazard Management held a goodbye ceremony for Mining Minister Johnson Tuke. While the Minister for Mining, Johnson Tuke, prepares for the National General Elections in the coming days, the departments reporting directly to him said farewell to their Minist...
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