BNL starts retrenchment process at Porgera - NS …
25-06-2020 · BNL starts retrenchment process at Porgera. (Credit: Richard Farbelini at English Wikipedia) Barrick Niugini Limited (BNL), majority owner and operator of the Porgera gold mine in Papua New Guinea (PNG), has informed its workforce that …
Barrick Gold Corporation - Operations - Porgera
The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,200-2,600 meters in the Enga Province of Papua New Guinea, about 600 kilometers north-west of Port Moresby. Barrick and Zijin Mining Group each own 47.5% of the operation, with the remaining 5% interest held by Mineral Resources Enga. News
BNL Starts Retrenchment Process at Porgera - Skerah
24-06-2020 · BNL Starts Retrenchment Process at Porgera. 24 June 2020 / 734 total views, 4 views today. PORT MORESBY, PAPUA NEW GUINEA – WEDNESDAY 24 JUNE, 2020 – Barrick Niugini Limited (BNL), majority owner and operator of the Porgera gold mine in Papua New Guinea (PNG), ...
Barrick Gold challenges ‘nationalization’ of Porgera …
28-08-2020 · Barrick Gold Corp. [ABX-TSX; GOLD-NYSE] is vowing to challenge the purported grant of a special mining lease for the Porgera gold mine in Papua New Guinea to a government-owned company. The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2,200-2,600 metres in the Enga Province of Papua New Guinea, about 600 km northwest of Port …
PNG government to take over Porgera Gold Mine - …
Papua New Guinea Government is taking over Barrick Nuigini owned Porgera gold mine but is giving the operator the option of negotiating “how it can remain”. The countrys Prime Minister James Marape in a statement has explained why the mining lease renewal sought by Barrick Niugini Limited (BNL) had been rejected, and why a special mining lease would now be issued to the Kumul Mineral ...
Papua New Guinea hits back at Barrick for halting …
28-04-2020 · Papua New Guinea is threatening to take immediate control of Barrick Gold’s (TSX: ABX) (NYSE: GOLD) Porgera mine after the company’s local …
Barrick escalates dispute with PNG over Porgera …
10-07-2020 · In May, the gold giant offered an extra 15% stake in the Porgera mine to local landowners, in a fresh attempt to break the impasse with the government over the mine’s future.
‘Nationalisation without due process’? Barrick Gold …
In 2018, Barrick Gold Corporation’s President and Chief Executive, Mark Bristow, said Porgera has the potential to deliver 500,000 ounces a year for 10 years. Should Porgera come under state ownership, it would be the second major mine in PNG to do so in the past seven years, following the O’Neill government’s nationalisation of the Ok Tedi mine in 2013, which occurred under very ...
PNG may allow Barrick to reopen Porgera mine if …
20-07-2020 · Barrick ceased production at Porgera gold mine and filed a case against the PNG government after the latter refused extension of the mine’s expired lease in April, citing environmental concerns. Barrick Niugini (BNL), which is jointly owned by Barrick Gold and China-based Zijin Mining, owns a 95% stake in the Porgera Joint Venture that owns the Porgera gold mine.
process at porgera gold mine - vidalicartotecnica.it
Porgera Gold Mine. The Porgera Gold Mine is a large gold and silver mining operation in Enga province, Papua New Guinea (PNG), located at the head of the Porgera Valley The mine is situated in the rain forest covered highlands at an altitude of 2,200 …
PorgeraJV - Our Operation page - Porgera Gold …
The Porgera Gold Mine in Enga Province, Papua New Guinea, is owned by the Porgera Joint Venture (PJV). It is operated by Barrick (Niugini) Limited which owns 95 percent participating interest in PJV. The remaining 5% is owned by Mineral Resources Enga Limited.
Papua New Guinea to take control of Barrick Gold …
Papua New Guineas government will take control of the Porgera gold mine after refusing to extend Barrick Gold Corps lease over the facility, citing environmental concerns, Prime Minister James ...
More than 2600 made redundant at Porgera gold …
Thousands of workers from the Porgera gold mine in PNG face an uncertain future after they received their official redundancy notices. The workers union says it is now looking to lodge a petition ...
Thousands of workers to lose stone at Barrick’s …
24-06-2020 · Barrick Gold has flagged massive stone losses at the Porgera gold mine in Papua New Guinea after the countrys government refused to extend a mining lease at the site in April.
Politics and Porgera: why Papua New Guinea …
11-05-2020 · Porgera is one of Papua New Guinea’s longest running goldmines. Operating for 30 years in the highlands province of Enga, this large mine was expected to produce around 250,000 ounces of gold …
Porgera Gold Mine Temporarily Shut – EMTV Online
27-04-2020 · Porgera Gold Mine Temporarily Shut. by Vasinatta Yama 27/04/2020 2112. Share 2. Share the News. The Barrick owned Porgera Gold Mine operations were temporarily suspended as of yesterday, ... BNL says the Government’s decision not to extend the SML was without due process, ...
Barrick to urgently appeal Porgera decision - …
02-09-2020 · PORGERA gold mine operator Barrick Niugini (BNL) plans to “urgently appeal” a lower court ruling in Papua New Guinea, which dismissed its application for a judicial review of the government’s refusal to extend its special mining lease.
Porgera dispute heats up - Mining Journal
20-07-2020 · Gwalia gold mine success key to ... had been a "lack of due process" and its owners Barrick Gold and Chinas Zijin Mining had tried "for nearly a year ... cost reductions at Porgera, ...