• Mayur Resources scores a double ‘first’ in PNG

    Mayur Resources (MRL) has been granted environmental approval for bulk sample extraction of coal in Papua New Guinea (PNG), as well as PNG’s first vertically integrated lime and cement project.

  • Nautilus Minerals secures $US34m for deep-sea mining in PNG

    Nautilus Minerals has entered a $US34 million agreement with lender Deep Sea Mining Finance for deep-sea mining development in Papua New Guinea, but continued local pressure continues to shake the project to its core.

  • Exxon Mobil shuts down operations in Hela region

    According to local media reports, Exxon Mobil has shut down its operations on 19 June 2018 after landowners burnt heavy machinery on PDL 8 site in a show of frustration over alleged non-payment of the Business Development Grant (BDG).

  • Exxon Mobil resumes LNG operations in PNG

    Following a temporary shutdown of operations after a severe earthquake that ravaged Papua New Guinea on 26 February 2018, Exxon Mobil has announced thatproduction of liquefied natural gas (LNG) has safely resumed at the PNG LNG project, with LNG exports expected to resume soon after.

  • Angkor Gold continues its partnership with JOGMEC in Cambodia

    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.

  • Toxic waste leaks into central Vietnam river

    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.

  • Newcrest ups Wafi-Golpu development cost

    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.

  • Gold mining resumes at Crater Mountain HGZ

    The Mineral Resources Authority of Papua New Guinea (PNG) has given approval for Crater Gold Mining to recommence operations on its flagship Crater Mountain project.

  • New campaign seeks end to ocean mine waste dumping

    The Ditch Ocean Dumping coalition has called on Citigroup to divest from mines tied to the practice of ocean waste dumping.

  • Geopacific discovers new zone at Woodlark

    GEOPACIFIC Resources has discovered a significant new zone of gold mineralisation adjacent to the Kulumadau East deposit of the Woodlark Island Gold Project. The main Boscalo zone is delineated over a 200-metre length and mineralisation remains open.

  • Initial mining resource defined at Kora

    K92 Mining has defined an initial resource at the Kora North deposit of Kainantu Gold Project. The resource is based on results from grade control drilling and face sampling, and will be used for initial mining blocks at the deposit.

  • Geopacific advances Woodlark DFS

    GEOPACIFIC Resources continues to progress a definitive feasibility study for the Woodlark Gold Project on Woodlark Island. Ongoing metallurgical and infill drilling at the project is returning encouraging results and continues to confirm wide zones of gold mineralisation.

  • Initial drilling program at Crown Ridge

    GOLD Mountain began its initial drill program at Crown Ridge Gold Project in late September. The program of 12 holes for 1000 metres is being complemented by an extensive bulk sampling program with the aim of estimating an initial JORC 2012-compliant mineral resource.

  • Harmony to boost Hidden Valley production

    Harmony Gold is ahead of schedule with plans to increase production at the Hidden Valley Gold-Silver Project to an annual rate of 28 million tonnes. It is aiming for annual steady state production of 180,000 ounces of gold and 3 million ounces of silver and expects to achieve commercial levels of production during the June quarter of 2018.

  • New resource estimate for Mt Nakru

    COPPERMOLY has received an updated JORC-compliant mineral resource estimate for the Mt Nakru Copper-Gold Project. At a cut-off grade of 0.3% copper, the inferred resource now stands at 29.1 million tonnes @ 0.92% copper, 0.22 g/t gold and 2.25 g/t silver for 267,000 tonnes of copper, 208,000 ounces of gold and 2.104 million ounces of silver.

  • Nautilus makes excellent progress

    NAUTILUS Minerals is making excellent progress as it continues with preparations for the seafloor mining project in the territorial waters of Papua New Guinea. The company aims to commence operations at the Solwara 1 project site in quarter one of 2019, mining copper, gold and silver.

  • Funds for work at Kainantu

    K92 MINING will use the majority of C$16.554 million raised in placements to fund exploration and development of the Kainantu Gold Project. Ongoing underground drilling at the Irumafimpa and Kora deposits is returning strong results.

  • Bougainville moratorium partially lifted

    THE Bougainville region’s autonomous government (ABG) has lifted a decades-long moratorium on mining and exploration in sections of the region. The ABG says its bureaucracy has built the skills to handle applications.

  • Lower costs at Lihir Gold Project

    A REDUCTION in all-in-sustaining costs (AISC) at Newcrest Mining’s Lihir Gold Project during the March quarter helped the company achieve its lowest overall all-time AISC of US$713 per ounce, which was 5.1% lower than the previous quarter. AISC at Lihir in the period was $822, down from $883 in the December 2016 quarter and $950 in the September 2016 quarter.

  • Record monthly output at Ramu

    THE Ramu Nickel-Cobalt Project remains on track to achieve annual output of more than 32,000 tonnes of nickel and 3300 tonnes of cobalt during 2107. This follows a record month in May when 3068 tonnes of nickel and 292 tonnes of cobalt were produced.

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