According to K92 Mine Inc, the falling worldwide gold price means that mining companies in the country will reduce non-essential spending, which would have an effect on suppliers. John Lewins, the company's CEO, was responding to questions about existing gold prices. He added that the gold price began the year at around US$1,950 per ounce (K6,694.49...
According to an official, the Wafi-Golpu Joint Venture (WGJV) will follow the proper procedures before its application for special mining lease 10 is approved. David Masani, WGJV's principal community engagement advisor, stated this during the company's numerous scheduled meetings with communities that would be impacted by the K18.4 billion gold-copper...
The Australian Government's ban on incoming and outgoing travel between the neighbouring countries is expected to have no effect on Newcrest Mining's Lihir gold activity in Papua New Guinea (PNG). The Lihir operation is undergoing a scheduled maintenance shutdown and is steadily resuming operations. Newcrest stated that it was working closely with t...
COVID-19 has forced Ok Tedi Mining Limited (OTML) to pause operations in order to protect its employees, communities, and operations. Due to a recent increase in COVID-19 cases at the mine site and in Papua New Guinea, OTML will temporarily pause operations on Friday, March 19th for 14 days to prevent further virus transmission within its operations. ...
According to the National Research Institute, given Bougainville's position within the Pacific Rim of Fire, the possibilities for mining various minerals, especially gold and copper, are vast (NRI). Following the collapse of the Panguna mine, NRI noted in a recent report on Bougainville that regaining foreign investor trust in mining in Bougainville wa...
The head of one of the Bougainville landowner groups impacted by the Panguna mine says it is up to the landowners to decide whether or not to reopen the mine. The Panguna Mine was at the heart of the ten-year Bougainville civil war, and it was forced to close in 1989 when it was PNG's largest export earner. But, thanks to Panguna Development Company...
In 2021, K92 Mining will invest K50 million in exploration. Exploration dollars are critical, according to John Lewins, chief executive officer and director of K92 Mine, because they extend the project if good prospects are discovered. The mine was re-commissioned in 2017 and announced commercial production at the start of 2018, according to Lewins....
By the end of the month, a technical team from the Papua New Guinea technical (PNG) Mineral Resources Authority (MRA) will soon be tabling an assessment on the details regarding the construction of the Wafi-Golpu Mining project to the mining advisory council (MAC) According to MRA managing director Jerry Garry, “Permitting of a special mining lease for...
The Singapore company exploring sand mining opportunities in Madang in Papua New Guinea has withdrawn its interests. According to the Mineral Resources Authority (MRA) Jerry Garry, the company had told them of its intention to pull out. “The (mining advisory) council has not deliberated on the withdrawal application,” he said. “As and when it’s re...
The Wafi-Golpu landowners have finally voiced out their support to the National Government on the environmental permit given to mine developers. The five associations chairmen - Victor Geactuluc (Yanta Development Association), John Nema (Hengambu Landowner Association), Jack Raban (Babuaf Development Corporation) of the Special Mining Lease (SML) area in...
St Barbara Ltd’s Simberi operations in New Ireland is set to transition from mining oxide ore to sulphide. The mine which has been producing gold since 2009 said that its social and environmental impact studies (SEIS) are presently being finished for submission to the Conservation and Environment Protection Authority (Cepa) and Mineral Resources Authority...
St Barbara Limited’s Simberi operations in the New Ireland province has a new general manager in the person of Iso Ealedona.Ealedona was previously the head of operations for the past seven months and is a mining engineer and pioneer of the PNG University of Technology mining degree program. With over 26 years of experience in the industry working in Aust...
Kingston Resources has appointed Geoff Callister to help lead the social responsibility programs and project approval at its 3.6-million-ounce Misima Gold Project in Milne Bay Province of Papua New Guinea.This will further expand Kingston’s in-country management team as the project moves further through regulatory approvals and mining studies. Among the r...
The closure of the Porgera gold mine has caused its people to feel the pinch. “We are feeling a lot of effects such as power outages, deteriorating roads, businesses shutting down and many schools and aid posts closed,” said acting district administrator Jerry Mapu, who added that the Paiela-Hewa local level government had all but closed down with an aid ...
Following a public forum in Lae last week, regarding the Wafi-Golpu project, Morobe Governor Ginson Saonu said that there must be a mutual understanding between all stakeholders - which includes provincial and national governments, and landowners and mine developers. He added that many people in Morobe allows the start of the multi-million Kina, except fo...
The government hasn’t breached any laws in granting the environmental permit for the Wafi-Golpu project in Morobe.This was according to Environment, Conservation and Climate Change Minister Wera Mori, who added that the deep-sea tailings placement (DSTP) was the best way for tailings disposal for the project. “We have not breached any laws in granting the...
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