Western Australia-based Tempest Minerals has entered into a conditional agreement with Lole Mining to acquire the world class portfolio of assets including the high grade Tolukuma gold mine and Mt Penck project in Papua New Guinea.
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Barrick aims for Porgera restart later this year
Barrick has pledged to prioritise local employment as part of its plan to restart the Porgera gold mine in Papua New Guinea (PNG).
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Geopacific on path to production at Woodlark
Geopacific Resources plans to pour first gold at its Woodlark project in Papua New Guinea (PNG) in 2022 following the completion of an extensive project review starting last year.
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Australia’s gold ambitions paint PNG success
Mining affairs in Papua New Guinea are often portrayed as tricky, but St Barbara and Geopacific Resources are two Australian companies that say otherwise.
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Thousands of workers to lose jobs at Barrick’s Porgera mine
Barrick Gold has flagged massive job losses at the Porgera gold mine in Papua New Guinea after the country's government refused to extend a mining lease at the site in April.
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Newcrest, Harmony overcome Wafi-Golpu legal block
Newcrest Mining and Harmony Gold are set to resume talks for their Wafi-Golpu gold-copper joint venture project in Papua New Guinea after facing delays in securing project permits.
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PNG Government ‘full steam ahead’ with $20 billion LNG project
The Papua New Guinea Government has given project partners Total, Exxon Mobil and Australia's Oil Search the green light to proceed with the $20 billion liquefied natural gas (LNG) project.
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New PNG PM strives for economic independence through mining reform
Newly elected Papua New Guinea (PNG) Prime Minister James Marape has declared he is “striving to economically free” the country through mining law reform.
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Nautilus deep sea mining plans in doubt over vessel conflict
Nautilus Minerals' production support vessel (PSV) has been acquired by Indian company MDL Energy in a blow to Nautilus' deep-sea mining plans.
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Newcrest and Harmony Gold edge closer to developing Wafi-Golpu
Newcrest Mining and Harmony Gold's Wafi-Golpu joint venture (JV) gold project has taken a forward step after the signing of a memorandum of understanding (MoU) with the Government of Papua New Guinea yesterday.
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RTG-led consortium meets Bougainville Gov’t over Panguna project
ASX-listed RTG Mining has presented its redevelopment proposal for the Panguna mine to the House of Representatives in Bougainville in a significant step forward for the project.
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Total wins four-year contract at Newcrest gold mine
Total has secured a four-year contract with Newcrest Mining at its Lihir gold mine in Papua New Guinea (PNG).
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Santos confirms large onshore gas resource at Barikewa-3
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.
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Newcrest sets records at Cadia, Telfer and Lihir
Newcrest Mining has delivered production records at three of its mines, the Cadia gold mine in New South Wales, Telfer copper-gold mine in Western Australia and Lihir copper-gold mine in Papua New Guinea.
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Nautilus contractor MAC loses shipbuilding contract
Nautilus Minerals has announced that a shipbuilding contract between contractor Marine Assets Corporation (MAC) and shipyard Fujian Mawei Shipbuilding has been rescinded.
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Nautilus Minerals secures $US34m for deep-sea mining in PNG
Nautilus Minerals has entered a $US34 million ($45 million) agreement with lender Deep Sea Mining Finance for deep sea mining development in Papua New Guinea.
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PNG LNG resumes normal production following earthquake damage
The PNG LNG project in the Highlands of Papua New Guinea, damaged by a powerful earthquake in late February, has now resumed normal production according to project co-venturers Santos and ExxonMobil.
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St Barbara increases production guidance in Q3 report
Gold miner St Barbara has released its third quarter (Q3) results, posting an overall steady performance, with no debts and improved production guidance, but a slight dip in gold production when compared with previous quarters.
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Arbitrator sides with PanAust in first stage of Highlands Pacific proceedings
Arbitrator Richard Chesterman QC has made a first stage decision in the dispute between Papua New Guinea-focused Highlands Pacific and PanAust over the former’s 20 per cent interest in the Frieda
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Bougainville landowners to write 2000 signature petition over Panguna mine
Landowners in Bougainville, an autonomous region of Papua New Guinea, have expressed backing for an RTG Mining-led consortium to take over the abandoned Panguna mine instead of Bougainville Copper (BCL).
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