Newcrest Mining has added around $US170 million ($207.5 million) to the forecasted costs to develop the Wafi-Golpu gold project in Papua New Guinea.
St Barbara has resumed full operations at the Simberi gold mine in Papua New Guinea following illegal industrial action at the site.
St Barbara’s Simberi gold operations in Papua New Guinea have been impacted by an illegal work stoppage by part of the mine’s workforce.
ExxonMobil and Oil Search have shut down their liquefied natural gas (LNG) operations and facilities in Papua New Guinea after an earthquake hit the country’s Highlands this morning.
Anglo American plans to withdraw from the Star Mountains copper-gold exploration joint venture with Highlands Pacific in Papua New Guinea.
Nautilus Minerals’ long-in-development Solwara 1 deep sea mining project, located in offshore Papua New Guinea, has fond itself the topic of local legal action against the PNG Government.
Talks between Aussie investors and the Papua New Guinean Government have slowed over plans to reopen the Bougainsville gold mine in the Autonomous Region of Bougainsville, closed since 1989 due to local conflicts.
Geopacific Resources has raised $10.5 million through a share placement to help it advance development of the Woodlark gold project in Papua New Guinea.
Gold production at Newcrest Mining fell by 7.8 per cent in the June quarter against a year earlier after its Cadia mine in New South Wales was impacted by an earthquake.
Anglo American has taken control of the Star Mountains copper-gold project in Papua New Guinea.
Monadelphous, in a joint venture with Jacobs Engineering, has received a letter of intent for a five-year, $50 million per annum contract for engineering, procurement and construction (EPC) services at Oil Search’s oil and gas production facilities in the Highlands region of Papua New Guinea.
Newcrest Mining has reported a slight drop in gold production during the December quarter after selling a mine and lowering output at one of its key mines.
With Australia’s budget deficit worsening, following Papua New Guinea’s lead may help us bring in more revenue from natural gas, sooner.
Santos has signed an agreement to farm-in for a 20 per cent interest in a Papua New Guinea exploration licence from both ExxonMobil and Oil Search.
Papua New Guinea (PNG) has given its share in the Panguna copper gold mine to the people of Bougainville in a historic move by the parliament.
Rio Tinto’s decision to divest all of its shares in Bougainville Copper may ignite yet another round of bloodshed as rights for the mine are fought. Sharon Masige writes.
Rio Tinto has given its 53.8 per cent share in Bougainville Copper (BCL) to an independent trustee, to allow Bougainville residents greater input into Panguna’s future.
A complex site constraint combined with tight project stipulations saw an innovative approach in PNG.
Newcrest was forced to shut down its Lihir gold mine in Papua New Guinea over the weekend after “illegal actions” by local community members.
ExxonMobil has signed and agreement with the PNG Government to expand its LNG project in the country.