Kingston Resources just passed to the Conservation and Environment Protection Authority an environment inception report (EIR) in connection with the Misma gold project in Milne Bay, marking the beginning of the environment permitting process of the project. “We are very excited to be taking the first steps down the environment approvals pathway for our Mi...
Mayur Resources Limited has finished independent test work, confirming the production of quality quicklime at it's Central Cement and Lime (CCL) project.Managing director Paul Mulder said that the ability of Mayur to come out with low impurity and high-grade quicklime supported the market appeal of the project. “The Central Cement and Lime Project not onl...
Because local landowners are claiming billions of kina in compensation amidst talks with Kumul Mineral Holdings Limited (KMHL), Barrick Niugini Limited (BNL), and the state, the world-class Porgera mine in Enga Province may not reopen yet. According to Prime Minister James Marape and Minister for Mining Johnson Tuke, the mine may reopen in due time. Earl...
Ok Tedi Mining Limited (OTML) Managing director and chief executive officer Musje Werror has revealed that this month, it will commission its new K800 million crusher. “The old crusher will be decommissioned and removed by the end of the year to allow access to high-grade ore on the East Wall, which will come into production in 2023,” Werror said.Werror s...
The Mineral Resources Authority has said that it hasn’t decided yet who will operate the Tolukuma gold mine in Central and the new deal on ownership. According to Managing Director Jerry Garry, the government was still waiting for updates from Pini Accountants and Advisor, the mine’s liquidator, which was anticipated to sell the property and pay the credi...
As part of developing the economy, Bougainville President Ishmael Toroama hopes to re-ignite limestone mining. This, as he embraced the reconciliation in the Eivo-Torau Constituency which he desired, would ignite the redevelopment of the defunct Manetai Limestone Project.The president congratulated the leaders, the landowners, and the people for working o...
The planned exploration activities of Coppermoly Limited has been deferred indefinitely because of the restrictions of travel between Papua New Guinea and Australia. One of these activities is the proposed drilling programme at the Mt Nakru prospect in West New Britain.According to Coppermoly which has a cash reserve of A$4.3 million (K10.5m) as of Sept 3...
In spite of the current pandemic, the financial and production forecast for Ok Tedi Mining Ltd (OTML) continues to be strong.According to managing director and chief executive Musje Werror, they are managing the operations of the company well this year despite the ill effects of COVID-19. “Our production and financial forecast for 2020 remains strong and ...
In talks over a waste disposal system, Environment, Conservation and Climate Change Minister Wera Mori stated that the Papua New Guinea government desires to stop this stalemate for the K18 billion (US$5.4 billion) Wafi-Golpu gold-copper project.He added that he was going to sign an “approval in principle” to use the deep sea tailing placement (DSTP) “wit...
Over the next three years, K92 Mining Inc will invest US$250 million (K855.55mil) to hit a production level of more than 300,000 ounces per annum. According to chief executive officer John Lewins, the company will still continue to provide beneficial outcomes to the communities.“We are excited about the coming year as it will be a major transformative yea...
In a presentation on the Wafi-Golpu deep sea tailings placement, Minister for Environment, Conservation and Climate Change Wera Mori said that Papua New Guinea’s Wafi-Golpu mining project starts production soon - five years after its construction phase. He added that block caving is the method to use for this copper/gold project. “Upon granting of the spe...
Following COVID travel restrictions, Kingston Resources (KSN) has restarted drilling at its Misima Gold Project in Papua New Guinea. The project includes extensional drilling and infill at the southeast end of the proposed Umuna pit and follow-up drilling at the Abi Discovery. The 8,000 metre diamond drilling program, which is focusing on the Kulumalia a...
Stakeholders such as the state, project developer Geopacific Resources Ltd, Dal Wanuwan Woodlark Lease Association Inc (landowners), Murua LLG and the Milne Bay government arrived in Alotau to discuss the K420 million Woodlark mining project and the memorandum of the agreement negotiated in 2015. The project has a 13-year mine-life with one million ounces...
In an independent peer review, the East Sepik provincial government has concluded that the Frieda River will be further delayed. According to East Sepik administration mines coordinator Martin Torovi, there are still a lot of questions that have to be answered. He added that their review has shown that there is still a lot of weakness to the dam. He said...
After months of refusing to extend its lease, Papua New Guinea Prime Minister James Marape has finally approved the continuation of the operation of the Porgera gold mine between Barrick Gold Corporation and its Chinese joint venture partner Zijin Mining.According to reports, this news coincides with the release of Barrick’s third-quarter 2020 production ...
Papua New Guinea Prime Minister said that he would like all stakeholders in the Wafi-Golpu project to work together to bring the project forward. This came after the developer of the project made baseline studies to the PM, supporting Deep Sea Tailings Placement (DSTP), at a workshop in Port Moresby.The Prime Minister mentioned that he has heard the conce...
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