Gold miner Newcrest Mining has recorded falls in production at three of its mines due to maintenance programs and unplanned outages.
Total has secured a four-year contract with Newcrest Mining at its Lihir gold mine in Papua New Guinea (PNG).
Santos has confirmed the presence of a significant natural gas resource at the Barikewa-3 well located in permit area PRL9, onshore Papua New Guinea.
Highlands Pacific has secured a funding and strategic partnership with Canadian battery metals company, Cobalt 27 Capital, based on the Ramu nickel-cobalt mine in Papua New Guinea.
Newcrest Mining has slashed its gold production guidance for the 2018 financial year to reflect the impact of last month’s tailings dam breach at the Cadia mine in New South Wales.
Production at the PNG LNG project in Papua New Guinea has resumed following the temporary shutdown of operations caused by the severe earthquake that struck the country in February.
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.