The Porgera Chamber of Commerce has welcomed Prime Minister James Marape's announcement that the Porgera mine in Enga Province will reopen. President of the Chamber, Nickson Pakea, praised the Prime Minister for announcing the reopening of the Porgera mine with a "far superior offer" than the previous 31 years from 1989 to 2021. Pakea praised the PM...

The Wafi-Golpu Mine in Morobe Province is the next big mineral project on the Government's agenda, according to Mining Minister Johnston Tuke. Minister Tuke said that the project would be funded by the end of the current legislative session. Mining Minister Johnston Tuke declared on April 9 that the Wafi-Golpu Mine Special Mining Lease (SML) will be...

Barrick Niugini Limited and the Government of Papua New Guinea have reached an agreement on a binding framework agreement, the first step in the process to reopen the Porgera Mine. The agreement was signed at Government House by Barrick Chief Executive Mark Bristow, Governor-General Sir Bob Dadae, and Mining Minister Hon Johnson Tuke on behalf of the S...

The reopening of the Porgera Gold Mine at the earliest, according to the Porgera Mining and Allied Workers Union (PMAWU), is good news. This comes after the PNG government announced that Barrick Niugini Limited would ink a new deal for the reopening of the Porgera Gold Mine. The PMAWU Executives said in a statement that those directly affected have ...

Last month, five senior national workers from the halted Porgera Mine operations received resident mine manager certificates. All five are part of the Porgera mine's Care and Maintenance (C&M) Leadership team  Ezekiel Nori, Superintendent (Probationary) Open Pit Mining, Teddy Ulopo, Senior Mine Engineer, Deryck Akis, Alternate Manager Sorting, I...

Prime Minister James Marape said in a statement that the government is willing to sign an agreement with Barrick Gold to reopen the Porgera Gold Mine in Enga, which has been closed for a year. The mine was abandoned after the State declined to extend Barrick Niugini Limited's mining contract (BNL). PM Marape said there was a breakthrough after deali...

Ok Tedi Mining Limited (OTML) has announced that mine operations will resume on Thursday, April 1, 2021, after being briefly halted on March 19, 2021, due to a spike in COVID-19 cases found at the mine site. While the start-up of operations will be incremental, the ramp-up to full production is estimated to take up to two weeks, according to OTML Actin...

Ok Tedi Mining Limited (OTML) has pledged PGK20 million to assist Papua New Guinea in combating the country's rising COVID-19 cases. Acting Managing Director and Chief Executive Officer Kedi Ilimbit, OTML General Manager Community and Operations Support, made the statement in March 2021, adding that OTML's dedication reflects the company's sincerity in...

Ok Tedi Mining Ltd (OTML) has added 40 new interns to its internship programs for 2021. Sixteen of the intakes will be part of the Graduate Development Scheme for two years, while the other 24 will be trade graduates who will complete a four-year apprenticeship program. OTML Managing Director and CEO, Musje Werror said, “Ok Tedi’s training programs are...

Following the completion of all terms with former joint venture partner Pan Pacific Copper to buy its 19% stake in the Misima gold project in Milne Bay, Kingston Resources Ltd now holds a 100% interest in the project. Kingston has received the final tranche of the overall consideration of AU$2 million (K4.31 million) since receiving all regulatory appr...

K92 Mining recently revealed that its Kainantu gold mine in Papua New Guinea's Eastern Highlands province produced a record annual gold-equivalent output of 98,872 oz. The gold equivalent volume is 95,109 oz of gold, 1,853,078 lbs of copper, and 36,067 oz of silver, reflecting a 20 per cent growth in AuEq from the previous year. Cash costs of US$651/oz...

The Mineral Resources Authority (MRA) is gathering feedback from all project stakeholders involved in the Simberi gold mine in New Ireland to determine the best course of action for the amended memorandum of agreement (MoA). The National Executive Council (NEC) authorised the updated MoA for signing in April 2017, according to managing director Jerry G...

Ok Tedi Mining Limited (OTML) has begun introducing a Mass Testing Program within its activities in order to avoid further COVID-19 transmission and ensure a secure return to operations. Following a spike in COVID-19 cases on the mine site and in Papua New Guinea, the company began introducing the program on Friday, March 19th, for a period of 14 days....

Adyton Resources Corporation has started a 3,000-meter diamond drilling program at its Gameta Gold Project on Fergusson Island, which is part of Papua New Guinea's "Rim of Fire." The Gameta Gold Project has a 360,000-ounce gold (oz Au) inferred mineral resource, and Adyton's Wapolu Gold Project on Fergusson Island has a 140,000-ounce gold (oz Au) infer...

After PNG declined to renew a special mining lease (SML), the mine was shut down about a year ago. Barrick Niugini is appealing both the rejection and PNG's August decision to grant an SML to state-owned Kumul Minerals Holdings. President and CEO Mark Bristow said in Barrick's annual report issued last week that the company had signed an in-principle d...

K92 Mining said that the corporation, as well as the resource sector, is worried about the rise in Covid-19 cases in the nation. According to John Lewins, the company's CEO, it has the potential to have a huge impact on PNG's entire resource industry and, by extension, the rest of the economy. “While the major concern should be the health and wellbe...