... reaffirmed the company’s commitment to working with the PNG government and local communities to ensure that the Porgera gold mine continues to deliver value to its stakeholders past the expiry of the current ...
... to advance and define the world-class potential of the Lower Zone.
Among Zijin’s substantial global mining activities are strategic partnerships with Toronto-based Barrick Gold, related to the Porgera ...
... and deliberate. In 2014, the company created the position of President for Barrick China to manage its interests there. In 2015, Barrick Gold sold half of its ownership in the Porgera gold mine in Papua ...
... New Guinea. The western portion of this zone encompasses the world class mining operations of Porgera, OK Tedi, Wafi-Golpu and Grasberg.
A JORC compliant inferred resource of 24Mt at 1.0 g/t Au using ...
... Mountain said Quest had mobilised a tracked Atlas Copco CS14 drill rig to the site.
Crown Ridge is 75km east-northeast of the Porgera mine in the PNG Highlands and work to date has identified paleo-alluvial ...
... 2006 to 2014. Significant gold production experience including in PNG with Placer Dome at its Porgera operation.
Matthew O’Kane has agreed to join the company as chief financial officer on completion ...
Porgera Joint Venture (PJV) and RCT have a long history of evolving site remote loader capabilities at the Porgera Gold Mine in Papua New Guinea. The site’s innovation journey began with RCT’s ControlMaster ...
... l. It is part of the Pacific Rim of Fire that hosts many of the worlds proven gold and copper deposits including Grasberg, Ok Tedi, Porgera, Lihir, Misima and Gold Ridge.
Cyclonic rainfall in April 2 ...
... New Guinea island, including Porgera, Edie Creek and Wau.
Last year West Wits entered into a business alliance for the Derewo River project with PT Tobacom Del Mandiri (TDM). TDM is required to deliver ...
ENCOURAGING results have been received from drilling at Harmony Gold’s Kili Teke Copper-Gold Project in the Papua New Guinea Central Highlands, west of the operating Porgera mine. The drilling is being ...
... Mines. Zijin paid Barrick $298 million for a stake in the Porgera mine in Papua New Guinea, and paid Ivanhoe $412 million for an interest in the Kamoa copper project in the Democratic Republic of Congo. ...
... last year.
Papua New Guinea Mining Minister Byron Chan (right) chats with a Zijin Mining executive regarding the company’s acquisition of 50% of Barrick Niugini Ltd’s 95% ownership of Porgera ...
... Limited (BNL), the company which owns 95% and manages the Porgera Joint Venture Gold Project.
In addition, Barrick and Zijin have signed a long-term strategic cooperation agreement which outlines the ...
... deposits including Grasberg, Ok Tedi, Porgera, Wafi-Golpu, Hidden Valley and Lihir, as well as a number of smaller deposits. Yet by international standards, the nation has only been lightly explored.
Despite ...
As part of plans to reduce its net debt by at least $3 billion by the end of 2015, Barrick Gold has announced its intention to divest the Porgera Joint Venture. The company hopes the divestment and other ...
... the national government to receive the grants worth more than 1 million Kina.
The associations and groups are from Ramu Nickel Mining project area, Porgera, Hidden Valley, Simberi, Sinivit and Lihir. ...
... path to production of direct shipping laterite ore within 15-18 months. Furthermore, the company is also about to start drilling Porgera-style epithermal gold targets at its West Guadalcanal Project.
“W ...
... drilling at the Frieda River prospect. Subsequent exploration drill programs were also completed at Ok Tedi, Porgera as well as Misima. Most recently QED completed large drill programs with up to 11 rigs ...
... gold. Next door neighbour Porgera is one such project already producing. There is also potential to substantially increase mineable ounces and grade.”
It also says: “All-in-sustaining costs are likely ...
... Tedi, Wafi-Golpu, Lihir, Porgera and Panguna. Past production on Misima Island totals 4 million ounces of gold and 20 million ounces of silver. An inferred mineral resource of 1.57 million ounces of gold ...