Today, the Electric Mine Consortium (EMC) launched the ‘Electric Mine Simulation’ crowd challenge in partnership with the OZ Minerals Think & Act Differently ideas incubator and Unearthed. OZ Minerals, IGO, South 32, Blackstone Minerals, Evolution Mining, Barminco and Goldfields have committed to significantly reducing their carbon footprint. These...

Prime Minister James Marape of Papua New Guinea has charged the mining ministry, the Mineral Resources Authority (MRA), and the State Negotiating Team (SNT) with resolving the Wafi-Golpu project's delay by December. Marape was asked by landowner organisations to speed up the processes and resolve concerns that are delaying the project at a forum hosted...

Photo Credit: Mayur Resources Mayur Resources Limited welcomes the decision, formal notification and provision of a PNG Government Gazette and License from the Independent State of Papua New Guinea’s Special Economic Zones Authority Board (SEZAB), granting Mayur’s Central Cement and Lime project area SEZ status, in accordance with the SEZA 2019. Man...

Prime Minister James Marape of Papua New Guinea has told landowners and others participating in the Wafi-Golpu Mine project in Morobe that they will receive the best possible deal. He said that the project had been delayed for years due to the parties' inability to reach an agreement on problems that would allow mining to begin. In Mumeng, Bulolo, h...

A delegation from the Environment Department, led by environment minister Wera Mori and managing director of the Conservation and Environment Protection Authority Gunther Joku, recently visited St Barbara's Simberi facilities to discuss plans to transition to sulfide mining. The purpose of the tour was to observe firsthand the programs and projects tha...

Ok Tedi Mining Limited (OTML) today announced the retirement of its Chairman Sir Moi Avei KBE who has successfully led Ok Tedi for more than six and a half years. OTML Managing Director & CEO Mr Musje Werror acknowledged the significant contribution made by Sir Moi during his tenure saying that “under Sir Moi’s leadership the value of the OTML bus...

Photo Credit: Ok Tedi Mining Limited Ok Tedi Mining Limited (OTML) Chairman Sir Moi Avei KBE today announced that the Company has declared an interim dividend of PGK150 million to be paid in September 2021. Sir Moi noted that despite a fire incident at the mine’s processing facility late last year that impacted its January 2021 production, and a two...

Photo Credit: K92 Mining The operator of the Kainantu mine in Papua New Guinea's Eastern Highlands, K92 Mining Inc, expects excellent results in the second half of the year. In a press release, Chief Executive Officer John Lewins stated that the second part of quarter two provided good results, with 16,284 ounces/oz (461kg) of gold produced. “We ...

Newcrest Mining Limited has announced its annual results for Financial Year 2021, a year marked by substantial challenges across all of its operational jurisdictions as a result of COVID-19. Despite the challenging operating climate, Newcrest is happy to announce that its contribution to the PNG economy has remained considerable. In the previous fiscal...

The primary driver of new mine exploration and development will be more foreign investors or investments into the country. Tommy Tomscoll, country manager of Ramu Nico Management (MCC), stated that exploration is a high-risk business, and that the PNG government and landowners will not be able to operate and finance upstream mining activities. Accor...

The Hidden Valley Mine contributes K633.7 million to the regional and national economies, indicating its importance in the development and growth of the country's economy. Monica Rau, the Harmony Gold PNG exploration's environment, social, and governance manager, revealed this in a PowerPoint presentation at the Chamber of Mines and Petroleum's communi...

The Tolukuma Gold Mine in the Central Province has a new interested applicant: Lole Mining Limited, a local mining firm. This came after a previous agreement with Tolukuma Corporation Limited fell through owing to COVID-19. Tolukuma Corporation Limited had previously agreed that the investor will spend K50 million on mine rehabilitation and environm...

The certification of 24 clans from the Special Mining Lease (SML) regions in Porgera was just completed, according to Mining Minister Johnson Tuke. Tuke stated that all arrangements had come to an end. Barrick Niugini Ltd (BNLinitial )'s lease ended on August 16, 2019. Tuke emphasized the importance of the validation effort in reconfirming the se...

The Mineral Resource Authority (MRA) is looking for new capital investments of K45 billion for new projects. In his presentation at the PNG Chamber of Mines and Petroleum media and community affairs workshop, MRA managing director Jerry Garry stated that the mining industry alone had generated K17 billion in export income in 2019. “This is the highe...

Photo Credit: Ilya Gridneff/AAP Rio Tinto and Bougainville Copper Limited's attempt to address remaining legacy concerns from the Panguna mine has been appreciated by the Autonomous Bougainville Government (ABG). From 1973 until 1989, President Ishmael Toroama claimed that the Panguna mine was exclusively responsible for funding Papua New Guinea's i...

According to the Porgera Chamber of Commerce and Industry, the State's awareness and validation exercise suggest the mine will reopen later this year. The mine is expected to reopen on September 16, according to Chamber president Nickson Pakea. He said the district and province were anticipating the launch after Prime Minister James Marape met with ...