State gets 51 percent, Barrick gets 49 percent under new ‘Porgera Deal’
The ownership of the Porgera mine will now be held in a joint venture in a new joint venture with 51 percent owned by PNG...
Tag : Mining
Simberi Gold Mine’s Sulphide Project
Simberi Gold Mine in New Ireland, which has been producing gold since 2009 is planning to transition from mining oxide ores to sulphide ore....
Landowners Seek Court Order Against Hidden Valley
Landowners of Hidden Valley Mine in Bulolo, have applied for a court order to halt the extension of the existing mining lease for another five...
Court Orders Barrick Niugini and Government to Meet and Discuss
The Waigani National Court has ordered Barrick Niugini Limited, the State and Mineral Resources Authority to meet and discuss with a view to resolve the...
Kimiseve appointed chairman of MRA
The Mineral Resources Authority has a new board Chairman, Benny Kimisive. The appointment of Mr Kimisive as the Chairman was announced by the Mining Minister...