PNG's mega Porgera gold mine just reopened — so why is …
Papua New Guinea's government approves a joint military and police operation to crack down on illegal mining and remove "squatters" at Porgera gold mine, just months after the site's grand reopening.
Barrick Gold Corporation
The WGC is not a regulatory organization. Management uses these measures to monitor the performance of our gold mining operations and its ability to generate positive cash flow, both on an individual site basis and an overall company basis.
PorgeraJV
The Porgera Mine site comprises the Special Mining Lease (SML), the Lease for Mining Purpose (LMP), the mining easements (water lines routes, dams etc.) as well as the public easements (airport, townships etc.). ... The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV).
Placer Dome Gold Mine – Porgera – Papua New …
The Porgera gold mine is located in Enga Province, about 600km north west of Port Moresby. The mine is operated by a joint venture between Placer Dome (75%), Orogen Minerals Ltd (20%) and Mineral …
New Porgera Limited Media Release
t Commencement Agreement (PPCA). This marks the start of "New Porgera" and the resumption of operations at the Porgera gold mine which has been in care eturn to the …
ECONOMIC IMPACT OF THE PORGERA GOLD MINE
This report provides a brief review of the contribution of the Porgera gold mine to the economy of Papua New Guinea over the past 30 years and an estimate of the likely …
Riverine Disposal of Mining Wastes in Porgera: …
Cures for sickness either utilise or emulate the free flow of liquids, and sitting under waterfalls, drinking large quantities of water ... people and the land is in direct contrast to the activities of the Porgera gold mine. Built in 1990, the Porgera mine is one of only four mines in the world that practice the riverine disposal of mining ...
Mining for the Future. Appendix I: Porgera Riverine …
The Porgera mine is an open pit mine located in the Enga Province of Papua New Guinea ... Government and 50% Special Mining Lease landowners). In 2000, gold reserves at the Porgera mine were estimated to be 78.5 million tonnes of proved and probable reserves, ... River via the Herbert River which can exhibit reverse flow. This River System ...
Barrick Gold Corporation
Barrick Steers Porgera Gold Mine Back Towards World-Class Production. After today's signing ceremony of the New Porgera Progress Agreement, Barrick president and chief …
Barrick Gold Corporation
Port Moresby, Papua New Guinea – The Porgera gold mine is on track to resume operations later this year after the Papua New Guinea (PNG) government and Barrick Niugini Limited (BNL) agreed on a partnership for …
Why the battle over PNG's Porgera gold mine has been …
PNG's Porgera gold mine could potentially transform the fortunes of an impoverished province now that it has reopened. But some locals say they've experienced considerable environmental damage ...
A long-term fund to lift Porgera mining curse – The National
If the mine's closure since 2019 is anything to go by, the future for the Porgera landowners and the Porgera-Paiela district is gloomy. However, there is a small window of opportunity. I propose three urgent initiatives to help lift the curse and chart a sustainable future for landowners and the people of Porgera-Paiela.
New Porgera Limited | LinkedIn
NPL Press Release | Porgera remains on track despite Mulitaka landslide challenges Port Moresby, Papua New Guinea, July 25, 2024 - Despite the operational challenges presented by the recent Mulitaka landslide, Porgera Gold Mine has met or exceeded its targets since resuming mining in December last year, with gold production for the first half ...
Barrick Gold Corporation
Nevada Gold Mines; North Mara; Porgera; Pueblo Viejo; ... Management uses these measures to monitor the performance of our gold mining operations and its ability to generate positive cash flow, both on an individual site basis and an overall company basis. ... be a significant timing difference between net earnings calculated in …
New Porgera Limited Media Release
Media Release. Porgera Restart Status. progressing well and is on track. First gold production is expected to be achieved in Q1 2024, as planned, subject to the …
Porgera Gold Mine Set to Restart Production This Month
The Porgera mine in Papua New Guinea is set to resume operations later this month and is expected to start pouring gold again in the first quarter of 2024.
Barrick Gold Corporation
Fourth Quarter and Full Year 2023 Results All amounts expressed in US dollars TORONTO – A strong finish to 2023 boosted Barrick's full-year gold production to 4.05 million ounces and its copper output to 420 million pounds 1 while its Tier One 2 gold mines capitalized on a record gold price to deliver a robust financial performance. …
New Porgera Limited Media Release
Porgera" and the resumption of operations at the Porgera gold mine which has been in care and maintenance since April 2020. The historic agreement reached between the Marape Government and leading global mining companies, Barrick and Zijin Mining, in April 2021 provides for greater ownership and economic benefits for PNG stakeholders, …
Barrick and partner Zijin Mining get ready to restart Porgera gold mine
Upon the full resumption of operations at the Porgera Gold Mine, Barrick Niugini Ltd (BNL), the 50:50 joint venture company between Zijin Mining and Barrick Gold Corporation in PNG, will continue to lead the operation of the mine, effectively ensuring the order of resumption of operations and production efficiency at the Porgera Gold Mine.
Barrick says its Porgera Mine in Papua New Guinea …
The Porgera Mine in Papua New Guinea is running without restriction and has enough fuel on site for 40 days, operator Barrick Gold Corp ABX-T said on Monday, after a massive landslide struck in ...
Mining in PNG: blessings, curse and lessons from …
The 20-year life on the Porgera mine when it resumes will determine the future of the mine's landowners and the Porgera-Paiela district as a whole. If the mine's proceeds are once again squandered, it will be more of the …
New Porgera Limited Media Release
In 2024 for the Porgera mine operations, there will be a spend of K2.7B (US$749m) (est.), which is divided between ... The expected export revenue from Porgera gold sales in 2024 is K1.8B (US$504m) which will assist in boosting PNG's foreign exchange reserves. Expenditure on PNG sourced goods and services is estimated to be over K600m during ...
A long-term fund to lift the Porgera mining curse
With other benefits such as contracts, special support grants and mining royalties, large sums of money will flow to the landowners. ... In actual fact the Porgera Gold Mine Agreement was a blunder and lead all Ipili people to suffer the outcomes today.
Barrick Gold Corporation
"The continued strength of our balance sheet and our world-class gold and copper asset base allow us to distribute a robust quarterly dividend whilst maintaining …
New Porgera Limited on LinkedIn: Apply With Us | 29 …
Position Vacancy Manager - Mining (Ref#: 220891) Deadline for applications is 8th September, 2022 For more information on how to apply please visit the PJV… | 29 comments on LinkedIn
A new Porgera? Part II
New Porgera Ltd (NPL) recently issued a statement "seeking to clarify certain matters relating to the reopening of the Porgera gold mine that have been the subject of considerable speculation and misinformation … over the past week". The NPL statement may be read as referring both to the Banks/Burton blog post and other social …
PorgeraJV
The Porgera Underground Mine is a modern, trackless mine, producing approximately 1.4 million tonnes of ore per year from three primary production areas: North Zone, East Zone and AHD. The underground …
About Us | Summit Gold Ltd
The deposit lies 15 kilometres from the giant Porgera gold mine which contains 28 million ounces of gold (including a total of 17 million ounces of gold mined to date). Porgera has been producing gold for 21 years and currently produces approximately 500,000 ounces of gold per year, at an average grade of 3.2 g/t.
PorgeraJV
The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). It is operated by Barrick (Niugini) Limited which owns 95 percent participating interest in PJV. The remaining 5% is owned …
Barrick Gold Corporation
The government of Papua New Guinea, Barrick Niugini Limited and New Porgera Limited have signed an agreement to progress with the resumption of operations at the Porgera gold mine, which have been suspended since 2020. 12
ECONOMIC IMPACT OF THE PORGERA GOLD MINE
This report provides a brief review of the contribution of the Porgera gold mine to the economy of Papua New Guinea over the past 30 years and an estimate of the likely economic impact of further suspension of mining at Porgera for one year and three year periods. Overview