Following a temporary shutdown of operations after a severe earthquake that ravaged Papua New Guinea on 26 February 2018, Exxon Mobil has announced that production of liquefied natural gas (LNG) has safely resumed at the PNG LNG project, with LNG exports expected to resume soon after.
With exploration partner Japan Oil, Gas and Metals National Corporation (JOGMEC), Angkor Gold continues as the operator to develop the primary target on the Oyadao South License, which is a copper porphyry system known as the Halo Project.
Vietnamese media has reported that a tailings pond at a gold mine in Tam Lanh Town, Quang Nam Province had breached its banks, releasing pollutants into a nearby river, contaminating the water and killing fish.
In an updated feasibility study released mid-March 2018, Newcrest Mining has added almost US$170 million to the forecasted costs to develop the Wafi-Golpu copper-gold project in Papua New Guinea (PNG), bringing the cost estimate to US$2.82 billion.