Tags » PNG Development

Schizophrenic MRA dancing for its colonial masters

Whoever is in charge of the agenda at the Mineral Resource Authority it surely isn’t anyone with an ounce of sanity or the best interests of PNG in their heart. 721 more words

Papua New Guinea

Barrick Gold faces legal action in PNG over Porgera mine

“Barrick will sell its interests without proper notice and exit Papua New Guinea leaving the landowners with a new owner who will not provide restitution for the damage left behind so that MRE, the landowners or citizens of Papua New Guinea will be left with an insurmountable bill to remedy the social and environmental damage”  437 more words

Papua New Guinea

Barrick Gold facing multi-billion dollar claim by PNG landowners

PR Wire

Justice Foundation for Porgera (JFP), an entity which represents landowners in the Porgera region in north-western Papua New Guinea, has submitted a position statement to Barrick Gold and its subsidiary Barrick Niugini outlining irreparable losses as a result of social, economic and environmental damages caused by its Porgera gold mine. 406 more words

Papua New Guinea

Barrick: Compo claims have no legal merit

The National aka The Loggers Times

BARRICK (Niugini) Ltd says claims against the company that it owed the Porgera landowners US$4 billion (K10.54bn) as compensation over a 23-year period are without “legal merit”. 236 more words

Papua New Guinea

Shareholders profit as Crater mine prepares to reopen

Crater Gold’s shares rise as it readies to restart PNG mine operations

Esmarie Swanepoel | Mining Weekly

The share price of ASX-listed Crater Gold Mining jumped by 20% on Thursday after the Papua New Guinea (PNG) government approved the restart of mining at the Crater Mountain site.  237 more words

Papua New Guinea

South Africans eye up further profits from PNG resources

South Africa’s Harmony finds copper-gold deposits in Papua New Guinea project

Reuters

South Africa’s Harmony Gold said it has discovered gold and copper deposits at its Kili Teke exploration site in Papua New Guinea, which could be similar to its other resources in the Pacific Island nation. 117 more words

Papua New Guinea

Porgera LOs claim $US4b from Barrick

Barrick: ‘Landowners have no rights to know who owns their minerals’

Post Courier

Barrick Niugini Limited’s intention to sell its 95% shares in the Porgera mine was a commercial decision and there was no need for landowners to know. 434 more words

Papua New Guinea