Porgera mine. 5%) and the Porgera landowners (2. In a filing, Zijin said it expected the mine to resume operations this year. Porgera mine forum in Wabag. May 1, 2023 · Members of the Porgera Landowners Association on April 20 warned Barrick to stay away from the mine as they intend to file an injunction to stop its reopening, saying they were not involved in the Dec 12, 2023 · “It’s been a long journey but, in the process, we have secured the buy-in of all the stakeholders and we look forward to steering the Porgera Gold Mine back to world-class production. Something, the Porgera, Tari and Enga students should be proud of. The Porgera mine, located in Enga Province of Papua New Guinea, was closed down in April 2020 after the government refused to extend Barrick’s lease for another 20 years The program is targeted to PNG citizens. Nov 13, 2020 · The latest move comes as the company seeks to ‘negotiate a reopening’ of the Porgera gold mine, Reuters reported citing landowners. The news you need today. The mine is operated by Barrick Niugini Limited (“BNL”). A lime plant, 7km away from the mine site provides lime for neutralization. Porgera has an estimated gold Porgera mine aids landslide survivors: Update Port Moresby, Papua New Guinea, May 30, 2024 – New Porgera Limited (NPL) said today that it will assist the Papua New Guinea Defence Force with the clearance of the main road leading to the Porgera gold mine and the Porgera valley, located in Enga Province approximately 30 kilometres from Friday’s devastating mountainside collapse. The new Porgera joint venture company will be owned 49% by BNL and 51% by PNG parties, including The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). “Over the 20-year life of the mine, PNG shareholders, comprising Porgera landowners, Enga Province, and the State, will receive 53% of Porgera’s overall economic benefits. The parties will now work on definitive terms prior to a restart. TO) has reached a deal that gives the Papua New Guinea government a majority share in the Porgera gold mine as part of plans to restart operations, the company said on Friday. May 27, 2024 · The Porgera Mine in Papua New Guinea is running without restriction and has enough fuel on site for 40 days, operator Barrick Gold said on Monday, after a massive landslide struck in the province Oct 11, 2022 · Photo credit: PNGEITI - Porgera Mine. Barrick’s lease over the gold mine, which it operated alongside Zijin Mining, expired when PNG Prime Minister James Marape Jun 19, 2018 · The Porgera gold mine in Papua New Guinea is a subject of contention in the international development community. Dec 11, 2023 · Mine operator Barrick Niugini said the mine will officially reopen on Dec. ), which is divided between K1. April 9, 2021. Sir Ano Pala, KBE CMG ISO, LLB, MP, Minister for Mining, and the Hon. These challenges are magnified by continual in-migration of people from surrounding areas seeking economic opportunities from small-scale gold mining, and from a scarcity of arable land for farming and other Feb 6, 2019 · Pressure is mounting on owners of the Porgera gold mine in Papua New Guinea following a critical report into human rights abuses. Originally opened in 1990, the Porgera mine, about 600 kilometers (373 miles) northwest of Papua New Guinea Dec 21, 2023 · The long-awaited re-opening of the Porgera gold mine in Papua New Guinea's Enga Province is set to happen on Friday. Mar 31, 2023 · 2022. Porgera Mine Site Tel: (+657) 547 8200 (+675) 547 8201 Fax: (+675) 547 8132 Mt Hagen PJV Mt Hagen Depot, Portion 1436, Manda Street, Kagamuga, Mt Hagen, Western Jul 24, 2023 · Prime Minister James Marape made a direct appeal to the people of Porgera and the surrounding communities to stop fighting and do away with the guns and tap into spin-off benefits from the mine. Employee Benefits: Competitive mine renumeration; Incentives - Performance based; Employee The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,200-2,700 meters in the Enga Province of Papua New Guinea. The Porgera Mine is a joint venture between Barrick Gold and the Zijin Mining Group, which each owns 47. Expenditure on PNG sourced goods and services is estimated to be over K600m during 2024. BNL is a joint Feb 1, 2011 · The Porgera gold mine—the subject of this report—is a potent symbol of both the perils and the financial rewards that extractive industries hold for Papua New Guinea. This transformative initiative is designed to empower local residents without prior work experience or specific skills, providing a gateway to rewarding employment opportunities in Feb 9, 2024 · In 2024 for the Porgera mine operations, there will be a spend of K2. Over 3,000 Papua New Guineans will be employed by NPL by the end of 2024 with a payroll for the year of K150m (US Jul 9, 2021 · Porgera Joint Venture (PJV) Gold Mine is located in the Porgera Valley of Enga Province in the Papua New Guinea highlands, approximately 630 km NW of Port Moresby. The Porgera Joint Venture (PJV) is committed to good environment stewardship and achieves this through implementation of an Environmental Management System (EMS) that was certified to the ISO 14001 standard in December 2012 and recertified in 2015, 2018 and 2021. The mine is operated by a joint venture between Placer Dome (75%), Orogen Minerals Ltd (20%) and Mineral Resources Porgera Pty. The Shareholders’ Agreement became effective on February 3, 2022, following Sep 17, 2021 · By PNG Haus Bung September 17, 2021. The Porgera mine has made significant financial contributions to the national and local economies over the past 30 years. James Marape today announced a significant milestone in reopening of the Porgera gold mine in Enga, stating that the mine is "just one step away from refiring”. The Porgera Joint Venture (PJV) Supply Department aims to 'keep the mine operating' by making sure that the right part is available at the right time while trying to optimize our inventory holding and logistics costs. It is operated by Barrick (Niugini) Limited which owns 95 percent participating The SML was negotiated in 1989 between the Porgera Joint Venture (PJV), the seven landowning clans, the Enga Province and the PNG Government. Apr 12, 2021 · April 12, 2021. He said that the Mineral Resource Enga, landowners, and the Enga Provincial Government had several legacy to prepare an Independent Technical report on the Porgera Mine (the Project) located in Papua New Guinea (PNG). Jul 20, 2023 · Porgera gold mine reopening date set. Socially, though, the mine has brought a range of massive changes for the local Ipili community-both positive and negative. Prime Minister James Marape acknowledge that much progress has been made to reopen the giant Porgera Mine. 6B (US$442m) of direct operating costs (including K613m (US$174m) that will be capitalized prior to restart) and K1. Porgera Gold Mine is a gold and silver mining operation in the Enga province of PNG. -per-year The Porgera Gold Mine is one of the world’s top ten gold mines and the second-largest gold mine in Papua New Guinea. Before the end of this year, the Porgera Mine in Papua New Guinea's Enga Province is anticipated to begin operations. Electricity to the mine is supplied by the Porgera Joint Venture (PJV) Hides Power Station located in the neighboring Hela Province. The announcement was made during the 17th Papua New Guinea Resources and Energy Conference held in Sydney, Australia. It is operated by Barrick (Niugini) Limited (“BNL”) which owns 95 percent participating interest in PJV. 1B (US$308m) of capital. following execution of the New Porgera Shareholders Agreement by Barrick (Niugini) Limited, Kumul Mineral Holdings Limited and Mineral Resources Enga, marked an important step towards the long-delayed restart of the Porgera mine. 8B (US$504m) The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). The project suspended production in April 2020 due to the expiration of mining rights. --Barrick Gold Corporation– Governor General Sir Bob Dabae today granted a special mining lease to New Porgera Limited, clearing the way for Barrick Gold Corporation to Dec 11, 2023 · Sydney, Australia, December 11, 2023 - Prime Minister Hon. 8B (US$504m) which will assist in boosting PNG’s foreign exchange reserves. Barrick president and CEO Mark Bristow said: “It has been a long journey but in the process The Porgera gold mine is located in Enga Province, about 600km north west of Port Moresby. Dec 12, 2023 · Barrick Gold Corporation GOLD announced that the Porgera mine in Papua New Guinea (PNG) is slated to recommence operations later this month, with gold pouring anticipated to begin in the first Mar 31, 2023 · The New Porgera project team will now move ahead with the filings for a special mining lease and progressing the other conditions set out in the Commencement Agreement for the reopening of the Oct 13, 2023 · In This Story. Dec 11, 2023 · The PNG shareholders will receive 53% of Porgera’s overall economic benefits. According to BNL’s latest plan, the Porgera Gold Mine, with 417 tonnes of gold resources, is expected to produce an average of 21 tonnes of gold per annum after it restarts and reaches nameplate Dec 11, 2023 · Porgera will be operated by BNL, and Papua New Guinea shareholders will secure 53% of the mine’s total economic benefits. Meanwhile, key stakeholders like MRE were still in the process of presenting their negotiating positions. Barrick Gold Corporation and the Papua New Guinea Government expect the Porgera gold mine to reopen in September, according to Barrick chief executive officer Mark Bristow. This follows the announcement of a Deed of Settlement earlier this week, signed by IRC Commissioner General, Sam Koim May 12, 2020 · The Porgera Joint Venture Mine (PJV) is a gold mine located in PNG’s highland Enga Province, approximately 600 km northwest of the capital Port Moresby. The purpose of this report is to support public disclosure of Mineral Resource and Mineral Reserve estimates at the Project as of December 31, 2011. The Porgera Gold Mine in Enga Province, Papua New Guinea, is operated by Mar 30, 2023 · Port Moresby, Papua New Guinea – The government of Papua New Guinea, Barrick Niugini Limited and New Porgera Limited today signed an agreement to progress with the resumption of operations at the Porgera gold mine, which have been suspended since 2020. The Porgera gold mine is located in Enga Province, 600km north-west of Port Moresby. Barrick Niugini (BNL) has signed a binding framework agreement with the Papua New Porgera is the second-largest gold mine in Papua New Guinea. “Let your children live in peace and get the benefits from the mine and stop the killings,” he said. BNL offers experienced mining professionals the opportunity to play an important role in the training and development of our national workforce. 95 %. The remaining 5% stake is owned by Mineral Resource Enga, a consortium between the Enga provincial government (2. In early 2006, Barrick Gold Corp acquired Placer Oct 13, 2023 · 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. Apr 6, 2021 · Equally owned by Barrick Gold and China-based Zijin Mining, BNL holds a 95% stake in the Porgera JV that owns the Porgera gold mine. 5%, with the remaining 5% interest held by Mineral Resources Enga (owned equally by Porgera Special Mining Lease landowners and the Enga Provincial Government). PJV is a partnership between the Canadian owned Barrick corporation and Chinese owned Zijin Mining group and a regional government body comprised of the Enga Provincial government and Porgera Nov 15, 2022 · BNL, jointly owned by Barrick and China’s Zijin Mining, will remain operator of the mine. It has owned and operated the Porgera gold mine since 2005 when it acquired Placer Dome – another Canadian mining company that had been the prior owner – and employs a private security force to patrol the open pit mine and waste dumps. Those with two years professional work experience after completing studies can also apply for the PJV graduate program. (NPL) was granted a special mining lease by the island country’s governor general, clearing the way for the 700,000-oz. The mine is 95 percent The first gold pour was on 20 September 1990 and the mine was officially opened by the then Prime Minister of PNG, Rabbie Namaliu on 20 October 1990. May 27, 2024 · The Porgera mine is an underground gold mine jointly run by Barrick Gold, China's Zijin Mining Group (601899. Prime Minister Marape said New Porgera examplifies a new direction in the handling of negotiations with mining companies for better benefits-sharing for Papua New The Porgera Joint Venture owns and operates the Porgera Gold Mine, located in the Province of Enga in the Papua New Guinea Highlands. The mine has a workforce of up to 2,500 employees operating on a Fly-In-Fly-Out (FIFO) roster. The reopening of Porgera will be welcomed by all stakeholders whose support is critical to Porgera being able to realize its extraordinary potential and deliver decades of value. 3 million ounces, according to Barrick. 5%) and Mineral Resources Enga (5%) and managed by Barrick (Niugini) Limited (BNL). Aug 21, 2023 · The Ministry of Mining and the Mineral Resources Authority wish to announce that the Opening Ceremony of the Development Forum for new Porgera Mine, will be officiated by Hon. “The company believes that an early restart of the Porgera gold mine is in the interest of all parties,” it Barrick Gold Corporation is the largest gold mining company in the world, with its headquarters in Toronto, Ontario, Canada. 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. SS) and stake holders from Papua New Guinea, according to Barrick website. Once certain conditions are fulfilled, the company intends to apply for a new Special Mining Lease (SML) in coming Feb 5, 2016 · Many of the communities in Porgera, Papua New Guinea, experience episodic water insecurity, poor sanitary conditions and chronic poverty. James Marape. The meeting highlighted the urgency of these issues, where PM Dec 22, 2023 · Operated by Barrick through Barrick Niugini Limited (BNL), a joint venture with Zijin Mining, Porgera joins the company’s sector-leading gold asset portfolio with the potential for a Tier One 1 Feb 28, 2022 · Papua New Guinea's State Negotiation Team Chairman says Porgera mine could open in April and confirm the Team is also working on Wafi-Golpu, Air Niugini resumes in-flight catering and the Japanese Government donate funds for infrastructure projects. 1. 5 percent of Barrick May 27, 2024 · China’s Zijin Mining has warned Papua New Guinea that its failure to renew the lease of a gold mine it jointly owns with Barrick Gold Corp there could damage bilateral relations. 7B (US$749m) (est. 22 and “with the ramp up of operations, first gold is expected to be poured in the first quarter of 2024,” according to a statement from the company on Sunday. Credit: Richard Farbelini. Dec 10, 2023 · 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. He said that while opening the Porgera Mine Thank you, New Porgera Limited for the wonderful opportunity. Business Advantage PNG spoke to the MRA’s Managing Director, Jerry Garry, for an update. Anthropologists are among a range of scholars who have investigated community-mine The Porgera mine is a joint venture between Barrick and the Zijin Mining Group, which each owns 47. Jun 22, 2023 · Photo: Porgera gold mine in PNG's Enga Province (Barrick) The PNG Chamber of Mines and Petroleum (“the Chamber”) congratulates the Internal Revenue Commission (IRC) and Barrick (Niugini) Limited (BNL) on settling all disputes and issues relating to old Porgera tax matters. 5% interest in the project through Barrick Niugini Limited (“BNL”). Ltd (5%), the latter two representing the state of PNG and local landowners. to develop and operate the mine under a 30-year Special Mining Lease with a 75% stake. Zijin holds a 24. Prime Mar 12, 2024 · The Porgera mine in the hills of the Pacific island country was under care and maintenance from April 2020 to December 2023 while Barrick and partner Zijin Mining renegotiated terms with the Mar 15, 2019 · Another Barrick spokesman, Andy Lloyd, earlier told VICE News that the Porgera mine is a joint venture shared with China’s Zijin Mining, as China’s Zijin Mining bought 47. State of Papua New Guinea. The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,200-2,600 metres in the Enga Province of Papua New Guinea, about 600 kilometres north-west of Port Moresby. About Porgera. The New Porgera project team will now move ahead with the filings for a special mining lease and progressing the other conditions set out in the Commencement Agreement for the reopening of the mine. Aug 21, 2023 · By Emmanuel MAIPE August 21, 2023. On April 7, 2022, the Shareholders’ Agreement for the new Porgera joint venture company was signed by Porgera (Jersey) Limited, which is an affiliate of Barrick Niugini Limited (“BNL”), and the state-owned Kumul Minerals (Porgera) Limited. Apr 24, 2023 · 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. PJV currently stocks approximatley 40,000 line items of inventory for a value in excess of 100 million dollar (US). This Technical Report conforms to NI 43-101 Standards of Disclosure for Mineral Projects. Credit: Alex Banner from Pixabay. A September 2018 report into the mine's impact on the local community found 920 alleged violations including rape, sexual assault, drownings and shootings. This follows the satisfaction of the conditions to the Porgera Project Commencement Agreement, in which Mar 31, 2023 · 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 Mar 31, 2023 · PORT MORESBY, Papua New Guinea, March 30, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – The government of Papua New Guinea, Barrick Niugini Limited and New Porgera Apr 9, 2021 · Barrick Niugini (BNL) has signed a binding framework agreement with the Papua New Guinea (PNG) Government to reopen the Porgera gold mine. It undoubtedly has the potential to join our Tier One1 gold mine portfolio, the largest of its kind in the industry,” he said. Barrick (Niugini) Limited (Manager of the Porgera Joint Venture) Operator of the Porgera Gold Mine PO Box 484, Mount Hagen 281, Western Highlands Province, Papua New Guinea. The mine's footprint areas cover the mining areas as well as areas and communities along the Lae-Porgera Highway, the Hides to Porgera power transmission route and the Riverine tailings disposal system. After negotiation, it fully resumed production on 22 December 2023. “New Porgera will deliver unprecedented benefits to the people of Papua New Guinea,” he said. Dec 11, 2023 · The Porgera gold mine, in Papua New Guinea, is ready to shine again. Prior to the mine, Enga was one of the most isolated and under developed provinces in PNG and the mine has financed considerable economic and social development in the Porgera district and infrastructure for the Enga Province. A team of environmental professionals takes responsibility for monitoring Feb 23, 2024 · by Staff - February 23, 2024. Bristow met with Prime Minister James Marape in Port Moresby on Monday to discuss the recent progress of matters related to the reopening. The Porgera mine operates under a comprehensive permit issued by the Government of Papua New Guinea (PNG). Jan 29, 2024 · The expected export revenue from Porgera gold sales in 2024 is K1. The Porgera Gold Mine employs over 2,500 Papua New Guineans, and over the life of the mine it has contributed approximately 10% of Papua New Guinea’s total annual exports. 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. 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 Resources Enga, marked an important step towards the longdelayed document to take effect, which would clear the way for the incorporation of a new Porgera joint venture company and the application for a new Special Mining Lease, a condition of the Porgera mine’s reopening. 10, 2023 (GLOBE NEWSWIRE) -- 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 Mar 1, 2024 · Porgera mine was officially reopened on December 22 2023. In 1990, the PNG government began to allow Canadian miner Placer Dome Inc. Aim and Introduction The aims of this project were twofold: firstly, to review the tectonic and structural setting of the Porgera Gold Mine; secondly, to construct a semi-regional 3D geological model around the Porgera Gold Mine utilizing new high-resolution LIDAR data combined with known stratigraphy and existing dip data and paleontological Dec 16, 2023 · Barrick Gold Corporation and Zijin Mining Group together have a 49% share. Prime Minister James Marape told the media recently that Porgera is one of the economic assets that must start, apart from Wafi-Golpu, Papua LNG and P’yang Gas. PNG will have the right to increase its stake in Porgera mine to 100%. The mine Apr 9, 2021 · “We intend to partner with all key stakeholders to make Porgera a world-class, long-life gold mine,” he said. Bristow said the mine’s new ownership structure was in line with the company’s host country partnership business model. The operation is roughly 130 kilometers west of Mount Hagen and 600 kilometers northwest of the capital Port Moresby. Assuming a price of $1,800 per ounce of gold, the mine is expected to generate more than $7bn over a 20-year expected mine life. This comes after the PNG Government's announcement Friday 24 April 2020, that it refused to extend the special mining lease to applicant and current operator Barrick (Niugini) Limited ("BNL"). At an assumed gold price of $1,800 per ounce, this is expected to amount to more than $7 billion over the mine’s Oct 16, 2020 · October 16, 2020. This follows the signing of a mining development contract and the Mar 31, 2023 · The New Porgera project team will now move ahead with the filings for a special mining lease and progressing the other conditions set out in the Commencement Agreement for the reopening of the Oct 13, 2023 · On Friday, the gold miner announced that New Porgera Ltd. He said that since the signing of the Framework Agreement on 09 April 2021, there has been a lot of activities in preparation for the reopening of the mine. 22, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Following the formal completion of the Porgera Project Dec 11, 2023 · TORONTO, Dec. Law and order deteriorated while the mine was shut. Barrick (Niugini) Limited, the manager of the mine, holds a 95 percent participating interest in the Porgera Joint Venture (PJV), with 5 percent owned by Mineral Resources Enga Limited, a company that is jointly owned by the Enga Provincial Government and the Jun 19, 2020 · The Porgera mine, located in the northern PNG highlands, is one of the world’s 10 largest gold mines, with a probable reserve of 2. By NOBERT KOKE. 5%), Zijin Mining (47. However, how about students from other provinces, PNG is a small . The supply of electricity from the PNG LNG Project at Hides in Hela province to the New Porgera Mine in Enga province along with landowner matters, were the topics of a recent meeting convened by Prime Minister (PM) James Marape and leaders of Hela. Indirect. GOLD. 5%). Barrick Gold Corporation is excited to introduce the exclusive 2024 Job Ready Program (JRP) in Porgera/Paiela, Papua New Guinea. The expected export revenue from Porgera gold sales in 2024 is K1. 978-1-922144-42-3. The remaining 5% is owned by Mineral Resources Enga (MRE) Limited. Papua New Guinea… said it would not renew a 20-year mining lease at its Porgera gold mine, citing environmental damage and social unrest even as gold prices have The Porgera Gold Mine employs over 2,500 Papua New Guineans, and over the life of the mine it has contributed approximately 10% of Papua New Guinea’s total annual exports. The Porgera gold mine is the single biggest employer and source of revenue in the Enga Province. Porgera hosts an orebody with measured and indicated resources of 10 million ounces 2 A new SML was issued on 13 October 2023, together with a development contract between the PNG government and the new operator, New Porgera Mine Ltd. The Mining (New Porgera) (Amendment) Act 2023 – an amendment to the existing 1992 Mining The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). Papua New Guinea (PNG) Prime Minister James Marape said that Barrick Niugini joint venture is set to remain as operator of the Porgera gold mine following talks in Port Moresby. May 27, 2024 · 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 The Porgera Mine in Enga Province has suspended Mine operations in order to ensure the safety and security of employees and communities. New Porgera Ltd was borne out of several years of fraught discussion over mining leases and will see the multi nationals involved, Barrick Gold and Zijin Mining, taking a minority stake, with the PNG government, the Enga government and landowners holding 51 percent of the The closure of Porgera in 2020 highlighted the mine’s importance to the Valley, Enga and the National economy. Under this permit, the Porgera Joint Venture (PJV) is required to follow a stringent government-approved environmental management and monitoring program. Less than 10% of the workforce are expatriate staff. It is operated by Barrick (Niugini) Limited which owns 95 percent participating interest in PJV. “It’s been a long journey but in the process we have secured the buy-in of all the stakeholders and we look forward to steering the mine back to world-class Contact Us. Dec 22, 2023 · All amounts expressed in US dollars TORONTO, Dec. The PJV is owned by Barrick Gold (47. MP, Prime Minister of the Independent. The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). Consistent with other mining projects in the area, riverine tailings and erodible Apr 9, 2021 · Barrick Gold Corp (ABX. The framework agreement that was signed between the Mining Minister Johnson Tuke and Barrick Gold President and CEO Mark Dec 18, 2023 · Prime Minister Hon. The gas-powered facility provides 75 megawatts of electricity across a 75 kilometer electrical transmission line to the Porgera Mine site. The equity in New Porgera is shared 51% by Papua New Guinea (PNG) stakeholders, including local landowners and the Enga provincial government. Dilemmas of Development is a record of a series of studies of the social and economic effects of the Porgerta mine, commissioned by the Porgera Joint Venture (PJV). The mine, shut down in April 2020, will resume production this month and start pouring gold again in the first quarter of 2024 After over three years’ closure, the final formalities required to reopen the Porgera gold mine in Papua New Guinea’s Enga Province are now being processed under the supervision of the Mineral Resources Authority. ni bs jq qc up ky az up wq fx