K92 Mining has confirmed it is restarting underground operations at its core area in Papua New Guinea after a Mineral Resources Authority audit found that its underground safety management plan was “good”. The Canadian-based company said the letter from the MRA for PNG vacates Form 29, which the agency issued to the miner on 13 March. Just days before that,…
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K92 Mining said it has temporarily suspended underground operations at its Kainantu gold mine in the Eastern Highlands province of Papua New Guinea after a suspicious non-industrial incident on 10 March resulted in a death. Processing operations, which were suspended following the incident, have resumed. The miner said it is working with the relevant government authorities under the Criminal Code…
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Bougainville Copper has confirmed that the Bougainville government awarded a five-year extension of the company’s exploration licence for the Panguna copper project in Central Bougainville, an autonomous region of Papua New Guinea. The extension clears the way for the miner to increase its activities in the Panguna project area in accordance with the Bougainville Mining Act of 2015. “Panguna promises…
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Canadian-based, Papua New Guinea-focused K92 Mining has appointed David Medilek as its president and chief operating officer. Medilek joined K92 in 2019 and was most recently president. Prior to that he was the company’s vice president of business development and investor relations. His career has also included positions with Macquarie Group, Cormark Securities and Barrick Gold. K92 has also selected…
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Barrick Gold said it has begun recommissioning the Porgera gold mine in Papua New Guinea following the formal completion of a commencement agreement. Porgera, an open pit and underground gold mine, has been in care and maintenance since April 2020. Barrick said it anticipates mining and processing to restart in the first quarter of 2024. The equity in the mine…
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Following an agreement on new ownership structure, Barrick Gold announced that its Porgera mine in Papua New Guinea will resume operations this month with first gold to be poured in Q1 2024. “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…
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Western Australia-based GR Engineering Services said it has executed engineering, procurement and construction (EPC) contracts for a 1.2 million-tonnes-per-annum process plant at K92 Mining’s Kainantu gold mine in Papua New Guinea.
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Photo: Monadelphous Engineering company Monadelphous has secured new construction and maintenance contracts and contract extensions with several miners and an energy company totalling A$170 million. Lynas Rare Earths awarded Monadelphous a construction contract for stage 1 of its Mt Weld expansion project near Laverton in the Goldfields region of Western Australia. The scope of the contract includes structural, mechanical and…
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Canadian producer Nickel 28 confirmed that its Ramu mine Basumuk HPAL plant in Papua New Guinea is back to full production levels following a 7 October earthquake. Full story.
Read MorePapua New Guinea gold and copper miner OK Tedi has picked COSOL for a three-year asset management contract, deepening its already long partnership together. Full story.
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