Kainantu Gold Mine in Papua New Guinea has reported outstanding production results for the third quarter of 2024, achieving a record output of 44,304 ounces of gold equivalent (AuEq), which includes 41,702 ounces of gold, 1,278,492 pounds of copper, and 37,613 ounces of silver, according to K92 Mining Inc. John Lewins, K92 Chief Executive Officer and D...

Mayur Resources Limited is pleased to announce the signing of a 10-year exclusive Strategic Alliance Agreement (Strategic Alliance) with Guangxi Zhongzi New Materials Co. Limited, a privately owned large-scale Quicklime and Limestone producer operating primarily in China. This agreement provides Mayur with immediate access to superior quality lime product...

Papua New Guinea’s new Mining Minister, Hon. Wake Goi, was sworn in on September 25 at Government House in Port Moresby. Hon. Goi took over the role from Prime Minister James Marape, who had been filling in as mining chief. Marape expressed confidence in Goi's experience and qualifications as the Member of Parliament for the Jimi electorate in Jiwaka P...

The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) has called for ongoing dialogue and greater collaboration among all stakeholders in the alluvial mining industry. PNGEITI emphasised that cooperation is essential to address key challenges within the sector, including non-compliance, under-reporting of mineral production, and env...

Ok Tedi Mining Limited (OTML) is celebrating its 40th anniversary of operation, marking four decades of resilience and excellence in the mining industry in Papua New Guinea. Starting in August 1984 as a gold mining operation by Broken Hill Property Limited (BHP), OTML transitioned to a copper-gold mine in 1987. From 2015 to present, OTML is a fully 100...

Prime Minister Hon. James Marape has underscored the urgency of finalising the Mine Development Contract (MDC) and issuing the Special Mining Lease (SML) for the Wafi-Golpu Mine in Morobe Province, stressing that time is running out to get this critical project off the ground. During a high-level meeting with the State Negotiating Team, Joint Venture P...

Alluvial gold miners in the country have the potential to become billionaires if they diversify their ventures, re-invest wisely, and manage their finances effectively, said Mineral Resources Authority Managing Director, Jerry Garry. Mr Garry was speaking at the 6th Alluvial Mining Convention & Trade Show 2024 in Goroka, where over 300 miners, gove...

The Mineral Resources Authority (MRA) Managing Director Jerry Garry, has assured the Porgera Mining Project Special Mining Lease (SML 13) landowners, that the resettlement of their villages away from the project SML area, is a Government’s priority. The MD was addressing the parties and stakeholders of the Porgera Mining Project Community Development A...

Great Pacific Gold Corp. is providing an update on one of its core projects, the Kesar Project located in the Eastern Highlands province of Papua New Guinea. The Kesar Project is contiguous with K92 Mining’s mine tenements, with several high priority targets at Kesar near the K92 property boundary (Figure 1). Multiple veins at Kesar are on strike and have...

Great Pacific Gold Corp. is pleased to provide an update on its short-term exploration strategy. After a thorough review of its dominant land position in both Papua New Guinea (“PNG”) and Victoria, Australia, the Company has developed a focused short-term plan aimed at advancing gold-copper resources on its core projects. Core Projects: Kesar – Loca...

Prime Minister Hon. James Marape has announced that the Government’s Position Paper on the Wafi-Golpu Mine in Morobe has been delivered to Joint Venture Partners, Newmont and Harmony. The Government is now awaiting a response from the two companies before moving forward with the issuance of the Mine Development Contract (MDC) and Special Mining Lease (SML...

Tolu Minerals is poised to breathe new life into the Tolukuma gold mine, aiming to unlock substantial gold resources and restore production. This strategic effort not only signals a significant revitalisation of one of Papua New Guinea’s historically high-grade mines but also promises far-reaching economic and social benefits for the region. Tolu Miner...

Tolu Minerals has launched the Bakoiudu-Tolukuma Road Project in Central Province, Papua New Guinea. This crucial infrastructure initiative will connect the Kairuku and Goilala Districts, benefiting both the Tolukuma Mine and local communities. Governor for Central Province, Hon. Rufina Peter, and Managing Director of the MRA, Mr. Jerry Garry, the Mana...

 The PNG Extractive Industries Transparency Initiative (PNGEITI) has called on companies operating in the extractive sector to honour their commitments to the EITI process by being transparent in all areas of their operations, including their obligation to pay taxes to the government. The Executive Director of the PNGEITI National Secretariat, Lucas Al...

Ok Tedi Mining Limited (OTML) hosted a delegation from the East Sepik Provincial Administration on a fact-finding mission to gain insights from the Ok Tedi operations to prepare for the upcoming Frieda River Project in the Sepik Region. The delegation from the Provincial Administration Mining Desk Team, visited from the 11th – 16th August, to understan...

A state team recently conducted a pre-Community Development Agreement (CDA) awareness program in Lae, involving parties to the Wafi Golpu mining project CDA. The parties are Yanta, Hengambu, Babuaf, Wampar, Butibam, Wagang, Morobe Provincial Government and host Local Level Governments. The consultation program was aimed at educating the parties who ...