• Porgera gold mine set for restart Australian Mining

    The Papua New Guinea (PNG) Government and Barrick Gold have formed a new partnership that will lead to the reopening of the Porgera gold mine later this year The Canadian operator was forced to close the mine for care and maintenance in April

  • Barrick signs agreement to reopen Porgera gold mine

    Located in Enga Province, 600km northwest of Port Moresby, the Porgera gold mine has been on care and maintenance since April 2020 Barrick’s lease over the mine expired when the Marape government refused to extend it last April citing

  • Barrick Gold Corporation Operations Porgera

    The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,2002,600 meters in the Enga Province of Papua New Guinea, about 600 kilometers northwest of Port Moresby

  • PNG to reopen Porgera Gold Mine with Far Superior

    Papua New Guinea Prime Minister James Marape has announced that the Government is set to reopen the Porgera Gold mine This comes 12 months after its closure last April over the rejection of renewing the mining lease by the State PNG Prime Minister James Marape

  • Major Mines & Projects | Porgera Mine

    Porgera Mine is an epithermal veintype goldsilver deposit but it shares many characteristics with porphyry copper deposits Remnant heat from the intrusive rocks drove the boiling and upward migration of hydrothermal fluids and resulted in the emplacement of mineralization

  • New deal for Porgera mine Post Courier

    He said in a nutshell, the signing means that the Porgera mine will be held in a new joint venture company of which 51 per cent is to be owned by PNG stakeholders and 49 per cent by Barrick Niugini Limited Mr Marape said while Barrick will be the operator of the mine, the SML will be granted on a stretched arrangement

  • Porgera Gold Mine Riverine Tailings and Waste Rock

    The Porgera Gold Mine is situated in Enga Province in the central highlands of Papua New Guinea (PNG), approximately 600 km northwest of Port Moresby The mine is operated by Porgera Joint Venture (PJV) and is owned by Barrick Gold Corporation (95%) and Mineral Resources Enga (5%)

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  • Porgera gold mine | Loop PNG

    Under the framework agreement the ownership of the Porgera Gold Mine will be held in a new Joint Venture company with PNG to hold a 51% stake and BNL with 49% The Framework Agreement also sets the foundation for operations arrangements, and benefit split Under the new deal BNL will finance the startup of the mine and remain the operator

  • Dilemmas of Development: The social and economic

    These reports dealt with the social and economic impact of the Porgera gold mine on the population of the Porgera Valley during the period which had elapsed since the Government of Papua New Guinea (PNG) signed a Mining Development Contract with the PJV in April 1989

  • Porgera Mine Set to Restart as PNG and Barrick Niugini

    The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,2002,600 metres in the Enga Province of Papua New Guinea, about 600 kilometres northwest of Port

  • Major Mines & Projects | Porgera Mine

    Porgera Mine is an epithermal veintype goldsilver deposit but it shares many characteristics with porphyry copper deposits Remnant heat from the intrusive rocks drove the boiling and upward migration of hydrothermal fluids and resulted in the emplacement of mineralization

  • Porgera Gold Mine Riverine Tailings and Waste Rock

    The Porgera Gold Mine is situated in Enga Province in the central highlands of Papua New Guinea (PNG), approximately 600 km northwest of Port Moresby The mine is operated by Porgera Joint Venture (PJV) and is owned by Barrick Gold Corporation (95%) and Mineral Resources Enga (5%) Mineral Resources Enga is owned by the Enga Provincial

  • PNG to reopen Porgera Gold Mine with Far Superior

    In a statement, Mr Marape said an agreement with Barrick Gold will be signed for the reopening of the Gold Mine in Enga Province The breakthrough in negotiations by the State and Barrick would see PNG receive a “far superior deal” than the 31 years from 1989 to 2021

  • Politics and Porgera: why Papua New Guinea

    Porgera is one of Papua New Guinea’s longest running goldmines Operating for 30 years in the highlands province of Enga, this large mine was expected to produce around 250,000 ounces of gold

  • Porgera gold mine | Loop PNG

    The Porgera Gold Mine Special Mining Lease 1(P) and 14 supporting tenements expired on 16 th August 2019, but is subject to the continuation in force of those tenements until the determination of the extension application Tags: Mining Act 1992 Porgera gold mine

  • Barrick ready to sign deal to reopen Porgera mine

    Barrick Gold (TSX: ABX) (NYSE: GOLD) confirmed on Monday reports indicating that Papua New Guinea prime minister James Marape had announced an imminent deal to reopen the Porgera gold mine

  • PNG Govt signs new deal with Barrick to reopen ‘new

    THE Marape Pangu led government on Friday signed a historic deal with Barrick Niugini Limited to recommence the Porgera Gold Mine that has been closed for over 12 months since April last year The framework agreement that was signed between the Mining Minister Johnson Tuke and Barrick Gold President and CEO Mark Bristow paves way for the

  • Porgera Joint Venture Technical Report

    Barrick Gold Corporation – Porgera Joint Venture, Project #1669 Technical Report NI 43101 – March 16, 2012 Rev 0 Page 11 1 SUMMARY EXECUTIVE SUMMARY Roscoe Postle Associates Inc (RPA) was retained by Barrick Gold Corporation (Barrick) to prepare an Independent Technical report on the Porgera Mine (the Project) located in

  • Dilemmas of Development: The social and economic

    The Porgera gold mine in the Highlands of Papua New Guinea is technically one of the most sophisticated and successful mines of recent times In its second year of operations (1992) it was the third largest gold producing mine in the world Socially, though, the mine has brought a range of massive changes for the local Ipili communityboth

  • Major Mines & Projects | Porgera Mine

    Porgera Mine is an epithermal veintype goldsilver deposit but it shares many characteristics with porphyry copper deposits Remnant heat from the intrusive rocks drove the boiling and upward migration of hydrothermal fluids and resulted in the emplacement of mineralization

  • The Porgera mine in PNG: some background

    Breaking late on 24 April 2020, Papua New Guinea Prime Minister James Marape announced that his government would not renew Barrick Niugini Limited’s (BNL) mining lease at the Porgera gold mine At present BNL is a joint venture between Barrick Gold (475%), Zijin Mining (475%), the Enga Provincial Government (25%) and the Porgera landowners (25%)

  • Porgera Mine Set to Restart as PNG and Barrick

    PORT MORESBY, Papua New Guinea, April 09, 2021 (GLOBE NEWSWIRE) 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 its future ownership and operation Porgera has been on care and maintenance since April 2020 when the government declined to renew its

  • PNG to reopen Porgera Gold Mine with Far Superior

    In a statement, Mr Marape said an agreement with Barrick Gold will be signed for the reopening of the Gold Mine in Enga Province The breakthrough in negotiations by the State and Barrick would see PNG receive a “far superior deal” than the 31 years from 1989 to 2021

  • Businesses in PNG welcome Porgera Mine Deal

    BUSINESSES have welcomed the announcement to reopen the Porgera gold mine in Enga as this will bring in the much needed foreign exchange into the country Bank South Pacific group chief executive officer Robin Fleming said the signing of the framework agreement between the Government and Barrick Gold Corporation last Friday was most positive

  • Politics and Porgera: why Papua New Guinea

    Porgera is one of Papua New Guinea’s longest running goldmines Operating for 30 years in the highlands province of Enga, this large mine was expected to produce around 250,000 ounces of gold

  • Barrick (GOLD) Inks Deal With PNG Government to

    Barrick Gold Corporation GOLD recently announced that Barrick Niugini Limited (“BNL”) and the Papua New Guinea (“PNG”) government agreed on a partnership for the Porgera gold mine’s

  • Zijin Mining and Barrick Gold near agreement with

    Zijin and Barrick Gold each hold 50 percent of Barrick Niugini Limited (BNL), the majority operator of the mine and the joint venture holds 95 percent of the Porgera

  • Govt, miner agree to reopen Porgera mine Post

    The Government is set to sign an agreement with Barrick to reopen the Porgera Gold Mine in Enga Province Prime Minister James Marape has announced that the Government has agreed for a “much superior deal” to allow Barrick Niugini Limited to reopen the mine

  • Porgera Joint Venture Technical Report barrickq4cdn

    Barrick Gold Corporation – Porgera Joint Venture, Project #1669 Technical Report NI 43101 – March 16, 2012 Rev 0 Page 11 1 SUMMARY EXECUTIVE SUMMARY Roscoe Postle Associates Inc (RPA) was retained by Barrick Gold Corporation (Barrick) to prepare an Independent Technical report on the Porgera Mine (the Project) located in

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