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 …
The Porgera gold mine in Papa New Guinea (PNG), halted since 2020, is closer to resuming operations as the country's government, Barrick Gold's local …
La mine de Porgera est une mine d'or située en Papouasie-Nouvelle-Guinée. C'est l'une des plus grandes mines d'or du monde produisant 16,8 tonnes d'or par an et exploitée par la compagnie minière canadienne Barrick Gold, la première société aurifère au monde derrière l'américaine Newmont Mining et la sud-africaine Goldfields.
All amounts expressed in US dollars. Toronto – Following the formal completion of the Porgera Project Commencement Agreement today, work has started on the recommissioning of the Porgera gold mine in Papua New Guinea, which has been in care and maintenance since April 2020. This work is expected to be completed over the …
The Porgera gold mine is the single biggest employer and source of revenue in the Enga Province. The mine has a workforce of up to 2,500 employees operating on a Fly-In-Fly-Out (FIFO) roster. Less than 10% of the workforce are expatriate staff. Employee Benefits: Competitive mine renumeration; Incentives - Performance based; Employee ...
Prime Minister Hon. James Marape has welcomed the reopening of Porgera Mine, which is set to officially restart under SML 13 on 22 December 2023 with New …
New Porgera Limited. edia ReleasePorgera Mine ReopensPort Moresby, 22 December 2023 – New Porgera Limited (NPL) is pleased to announce that completion was achieved today under the Porgera Proj. t Commencement Agreement (PPCA). This marks the start of "New Porgera" and the resumption of operations at the Porgera gold mine which has …
Photo: Porgera Mine Kumul Mineral Holdings Limited (KMHL), Barrick Niugini Limited (BNL), and the New Porgera Limited (NPL) signing two crucial documents on Friday marks a significant step towards reopening the Porgera mine. The Porgera mine, located in Enga Province of Papua New Guinea, was closed down in April 2020 …
Barrick's Inception. Porgera is one of Papua New Guinea's longest-running goldmines. Operating for over 30 years in the highlands province of Enga, this large mine was expected to produce around 250,000 ounces of gold in 2019. It employed more than 5,000 people and the 5% landowner and provincial equity stake had helped to fast-track …
Members of the Akali Tange Association, a grassroots human rights group in Porgera, stand in front of the bus they used to travel to the provincial capital to protest Barrick Gold's activities ...
The Porgera Gold Mine is located in the Enga Province of Papua New Guinea at an altitude of 2,200 – 2,700 meters. It is 130 kilometers west of Mt Hagen and 600 kilometers northwest of the capital Port Moresby. The Porgera Joint Venture (PJV) owns the Porgera Mine which is operated by Barrick (Niugini) Limited ("BNL") on behalf of the JV partners.
Saturday, June 8, 2024. Port Moresby, Papua New Guinea, June 8 2024 – Barrick Gold Corporation (NYSE: GOLD) (TSX:ABX) – The Barrick-operated Porgera gold mine continues to help communities in Enga province in Papua New Guinea in the wake of a landslide in the Mulitaka area that has claimed an estimated 600 lives.
To realize our objective, we must work as a team and communicate clearly so that every decision is made with a PURPOSE. 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 ...
3w. Porgera mine continues to work with authorities, donors and relief agencies to support Mulitaka landslide victims Port Moresby, 03 June 2024 – New Porgera Limited (NPL) has reaffirmed its support for the Mulitaka landslide victims in the Enga Province said New Porgera Limited General Manager, James McTiernan, on Friday in Yambali.
Barrick Gold (TSX: ABX; NYSE: GOLD) has received the go-ahead from the government of Papua New Guinea to restart the Porgera mine, which has been placed on care and maintenance for three years ...
The Porgera mine in Papua New Guinea is running without restriction and has enough fuel on site for 40 days, operator Barrick Gold Corp said on Monday, after a massive landslide struck in the ...
Port Moresby, Papua New Guinea – Governor General Sir Bob Dabae today granted a special mining lease to New Porgera Limited (NPL), clearing the way for Barrick Gold Corporation to restart production at the gold mine, which has been on care and maintenance for three years. 1. This follows the signing of a mining development …
Prime Minister Hon. James Marape has welcomed the reopening of Porgera Mine, which is set to officially restart under SML 13 on 22 December 2023 with New Porgera Limited (NPL) expecting its first gold in the First Quarter of 2024. Prime Minister Marape said New Porgera examplifies a new direction in the handling of negotiations …
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 open pit and underground mines operate on the SML. The SML was negotiated in 1989 between the Porgera Joint Venture (PJV), the ...
Credit: Barrick. Drainage, breakdowns in the infrastructure and illegal mining are the three challenges Porgera miners and executives face. But the rewards are also great. Despite the severe obstacles, Porgera's production in 2017 was about 500,000 ounces of gold and 204,000 in 2018 (with production affected by the Highlands earthquake ).
Toronto – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) announced today that the Porgera mine in Papua New Guinea (PNG) is set to resume operations later this month and is expected to start pouring gold again in the first quarter of 2024. This follows the satisfaction of the conditions to the Porgera Project Commencement Agreement, in …
Responsible environmental management and operating in a safe and socially responsible manner is critical to the Porgera operation. The Porgera Gold Mine in Enga Province, …
The Porgera gold mine in Papua New Guinea is a subject of contention in the international development community. Anthropologists are among a range of scho-lars who have investigated community-mine ...
La mine d'or de Porgera en Papouasie Nouvelle-Guinée est l'objet de dissensions dans la communauté de développement international. Les anthropologues comptent parmi les chercheurs qui ont enquêté sur les relations mine-communauté depuis 1981, en tant que doctorants, chefs de projets de recherches, évaluateurs indépendants des impacts …
Porgera was placed on temporary care and maintenance on April 25, 2020 until December 22, 2023. On December 22, 2023, the Porgera Project Commencement Agreement was completed and recommissioning of the mine commenced. As a result, Porgera is included in our 2024 guidance at 24.5%. Refer to page 9 of Barrick's Q4 2023 MD&A for further …
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 …
The Porgera gold mine in Papa New Guinea (PNG), halted since 2020, is closer to resuming operations as the country's government, Barrick Gold's local subsidiary and New Porgera have inked a ...
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 …
GOLD. 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 ...
The government of Papua New Guinea, Barrick Niugini Limited and New Porgera Limited today signed an agreement to progress with the resumption of …
Porgera, Papua New Guinea – The process of re-opening the Porgera gold mine under the terms of the binding framework agreement between the government and …
In 2015, Zijin Mining acquired a 50% interest and 50% debt in Barrick (Niugini) Limited (BNL), securing a 50% stake in the Porgera Gold Mine. In April 2020, the mine was put on care and maintenance due to the expiration of its mining license. After negotiations, in October 2023, the project received a special mining lease from the Papua New ...
The Porgera mine hosts an orebody with measured and indicated resources of 10 million ounces and inferred resources of 3.4 million ounces of gold. It produced about 600,000 ounces of gold in 2019 ...
Porgera is one of Papua New Guinea's longest-running goldmines. Operating for over 30 years in the highlands province of Enga, this large mine was expected to produce around 250,000 ounces of gold …
The Porgera mine first opened in 1989, quickly becoming one of the world's largest low-cost gold producers. Now operated by BNL, more than 1 million ounces of gold were unearthed from the mine in ...
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 2024. Over 3,000 Papua New Guineans will be employed by NPL by the end of 2024 with a payroll for the …
Port Moresby, Papua New Guinea, June 8 2024 – Barrick Gold Corporation (NYSE: GOLD) (TSX:ABX) – The Barrick-operated Porgera gold mine continues to help communities in Enga province in Papua New Guinea in the wake of a landslide in the Mulitaka area that has claimed an estimated 600 lives. In support of New Porgera Limited, Barrick ...
Photo credit: PNGEITI - Porgera Mine Barrick Chief Executive Mark Bristow, in PNG for quarterly operational reviews, said that the incorporation of New Porgera Limited (NPL) on 22nd September, following execution of the New Porgera Shareholders Agreement by Barrick (Niugini) Limited, Kumul Mineral Holdings Limited and Mineral …
The overall purpose of this report is to help rightsholders in Porgera receive effective remedy for harms they have endured in relation to the mine's operations. While this report and recommendations were commissioned by Barrick Gold Corp. (Barrick) and its partially owned subsidiary, Barrick (Niugini) Limited (BNL), BSR has maintained full ...