Photo: Harmony representatives present at meeting in Port Moresby with Prime Minister, Honourable James Marape MP (L-R) Mr. J. Van Heerden, Ms. B. Lekubo, Prime Minister, Honourable James Marape MP, Mrs. M van der Walt and Mr. K. Wali. Senior executives from Harmony’s offices in South Africa, toured company assets in PNG this week. They met with Prime ...
Photo credit: Papua New Guinea Mine Watch According to the MRA chief, earnings from alluvial gold mining exports increased to K640 million in 2021 from K300 million. Jerry Garry, the managing director of the Mineral Resources Authority, announced this in Port Moresby during the goodbye of Mining Minister Johnson Tuke. Mr Garry claimed the industr...
The Mineral Resources Authority will make all of the mining industry's operating live data available online in the coming months. According to Mineral Resources Authority executive director Jerry Garry, the mining amendment Act of 1992 mandates mining corporations to supply the state with information and data. Mr Garry said: “This was at a time when...
The Tolukuma Gold Mine in Central Province has been granted an extension licence (ML104) for a period of ten years. Iain MacPherson, managing director and chief executive officer of Lole Mining Limited, said the next step is to implement a reopening plan because the mine has been closed for some years, and they are contemplating a lot of components. ...
Photo credit: Mayur Resources - An artist's impression of surface mining operations at Orokolo Bay Mayur Resources Limited has placed an order with Australian-based specialist leading engineering firm, Vanadium Pty limited (Vanadium Group), for the mineral process plant units for its construction-ready Orokolo Bay Iron and Industrial Sands Project (Oro...
K92 Mining Inc announces production results for the first quarter (“ Q1 ”) of 2022 at its Kainantu Gold Mine in Papua New Guinea, of 28,188 oz AuEq or 24,152 oz gold, 1,524,827 lbs copper and 28,142 oz silver. Sales during the first quarter were 29,728 oz AuEq or 26,471 oz gold, 1,247,967 lbs copper and 24,899 oz silver. During the first quarter, Kaina...
Two important documents as part of the important milestones to be ticked off by the State and its project partners were signed today at the Government House this morning. The Prime Minister delayed his scheduled visit to Oro Province this morning to observe this important signing. These are the Deed of Amendment to the Porgera Project Commencement Agreeme...
To fulfill its commitment to diversity and inclusion, St Barbara, operator of Simberi gold mine in New Ireland, has announced a generous parental leave package for its employees. Women staff can now take four months fully paid maternity leave to recover from pregnancy and childbirth while bonding with their babies while the men are entitled to 15 days ...
The National Government has granted a Special Purpose Lease to Newcrest’s wholly owned subsidiary Lihir Gold Limited (LGL), which now allows the company to develop the Londolovit Township on Lihir Island further. Minister for Department of Lands and Physical Planning, Mr John Rosso, handed over the Special Purpose Lease (SPL) for Portion 1021 in Lihir,...
Photo credit: K92 Mining K92 Mining Inc. is pleased to announce results from its financial statements for the three and twelve months ended December 31, 2021. Safety Strong focus on safety with zero lost time incidents (“ LTI ”) in the fourth quarter. Since the start of operations, Kainantu has had one of the best safety records in the Austra...
Photo: Figure 1: Feni Island – showing Kabang drilling area – other prospects also shown Adyton Resources Corporation is pleased to report that petrology work carried out on the highly successful diamond drill hole ADK004 (see TSXV Release 01 December 2021) supports the existence of two styles of mineralization – a shallower epithermal style overprinti...
Mayur Resources Ltd has declared that it will engage a partner to expand its Central cement and lime project. According to the company's half-year report, which concluded December 31, it will make a final investment decision this year. This year, the group will concentrate on: Bringing on board a strategic development partner for the project, ...
St Barbara Limited now expects Simberi will produce between 25-30koz at an AISC of $3,200-3,600 per ounce in FY22. Group FY22 production has been updated to 275-290koz and AISC of $1,750-1,870 per ounce. Guidance for Leonora and Atlantic remain unchanged. St Barbara Limited withdrew guidance for its Simberi operations on 18 February 2022 due to signif...
Senior executives from Newcrest flew into Kavieng to pay Governor Sir Julius Chan and his administration a courtesy visit. Sandeep Biswas, the managing director and CEO, was joined by Stanley Komunt, the national manager, Tim Bryson, the strategic engagement manager, and Felix Kipalan, the environment, social, and government manager. Discussions cen...
Ian Tarutia, president of the Papua New Guinea Chamber of Commerce and Industry, is pleased to hear that the Porgera Mine will reopen next month. “The closure two years ago and its consequences had an adverse impact on the country’s economy in terms of foregone tax revenue, royalties and unemployment of more than 3,000 workers,” he said. “We are hop...
Photo credit: Bougainville Copper Limited The Panguna Mine Legacy Impact Committee held its second meeting early this month in preparation towards the detailed impact assessment set to commence in mid-2022. The Committee heard a presentation from the technical consultant Tetra Tech Coffey where they presented their initial findings and recommendatio...
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