Breaking News Business Education Highlands Islands Momase News News Bulletin Southern

PORGERA GOLD MINE RESTART

By Natasha Ovoi

New Porgera Limited (NPL) announced recently that it filed an application with the Mineral Resources Authority (MRA) for a Special Mining Lease and supporting tenements for the Porgera Gold Mine.

Chairman of Kumul Minerals Holdings and Director of New Porgera Limited, Dr IIa Temu, said the lodgement of the application by NPL is a significant step towards the restart of the mine.

 “The lodgement of the SML application is an important milestone for the reopening of the Porgera gold mine” he said

This follows the approval and registration of the transfer of Exploration Licence No. 454 and SML 11 to New Porgera Limited and the subsequent surrender of SML11 and all ancillary tenements by NPL.  

The application will be subject to the normal regulatory assessment process which will include the Minister for Mining convening a Development Forum in accordance with the requirements of the Mining Act to canvas the views of stakeholders.

“We are moving ever closer to enabling the people of the Porgera Valley to finally see the ‘white smoke’ they have been waiting for” Barrick Gold President and Chief Executive Officer, Dr Mark Bristow stated.

New Porgera Limited, is a company owned jointly by Kumul Mineral Holdings Limited (which holds the equity on behalf of the State), Barrick Niugini Limited and Mineral Resources Enga Limited, with a further 10% of the equity reserved for PNG stakeholders.

Related posts

In Moresby Tonight – Episode 41, 2013

EMTV Online

Courts have own Programs to Address Cases of Violence, says Injia

EMTV Online

US announces Plans to Support Establishment of Joint Naval Base on Manus Island

adminuser24
error: Content is protected !!
  • Totoagung
  • Toto Slot
  • Slot Gacor Maxwin
  • Slot Gacor Maxwin
  • Totoagung2
  • Toto Slot
  • Toto Slot
  • Situs Toto
  • Toto Slot
  • Cantiktoto
  • Sakuratoto2
  • Sakuratoto3
  • Totokita
  • Totokita2
  • Totokita3
  • Toto Slot
  • Totokita3
  • Pay4d
  • Totoagung
  • Totoagung2
  • Amintoto Login
  • indoharian
  • republikpkk
  • pakettour
  • theapexherald
  • onlinepaperwriter
  • iklantemanggung
  • knoydart-foundation
  • tipswheel
  • thecoopmarketing
  • istanaxplaygaming
  • istanaxplay-gaming
  • shokosugi
  • https://malaybalaycity.gov.ph/
  • https://mysantinis.com/
  • https://www.sawyerglass.com/
  • https://www.thewrightlawyers.com/
  • https://www.colegiosramonycajal.es/
  • https://diskopukm.jogjaprov.go.id/
  • https://eastendfoods.co.uk/
  • https://forexblog.ae/
  • https://www.m2obras.com.br/
  • https://www.columbusfamilylaw.org/
  • https://simmonspavingcompany.ca/
  • https://breambugs.com/
  • https://somosboca.com/
  • https://gozarte.net/
  • https://www.alllanguages.com/
  • https://www.saguarolakeranchstable.com/
  • https://www.stmarysdubai.com/
  • https://bckonline.com/
  • https://centurybattery.com.my/
  • https://www.carlosesandoval.com/
  • Amintoto
  • Situs Toto
  • Toto Macau
  • Data Toto Macau
  • Situs Toto
  • Slot Gacor 4d
  • Pay4d
  • Toto Slot
  • Restoslot4d
  • Situs Slot Gacor
  • Qdal88
  • Slot Thailand
  • Slot88
  • Slot Gacor Gampang Menang
  • Qdal88
  • Slot Gacor
  • Slot Thailand
  • Slot Gacor Maxwin
  • QDAL88
  • SLOT THAILAND
  • THAILAND SLOT
  • QDAL88
  • Toto Slot
  • Sbobet
  • Sakuratoto
  • Bandar Toto
  • Situs Toto
  • Slot Gacor Maxwin
  • Sakuratoto
  • Situs Toto
  • Toto Slot