Porgera Gold Mine
Porgera Gold Mine
Porgera Gold Mine
Porgera Gold Mine
  • Location
    Enga province, Papua New Guinea
  • Ownership
  • Project status
    Expected to resume production within 2021
  • Deposit Type
    Epithermal vein-type gold deposit
  • Reserves & resources
    Contained gold of 331t with grade of 4.02%
  • Mining & Processing methods
    Open mining + underground mining
Key Operating Indicators for 2021
  • 24.6
    Total assets/100 million yuan
  • 10
    Net assets/100 million yuan
  • -0.03
    Operating income/100 million yuan
  • -4.6
    Net profit/100 million yuan
  • Project Overview

    As the second-largest mine in Papua New Guinea and one of the world’s top ten gold mines, the Porgera Gold Mine has a daily throughput of 17,000 tonnes and an annual gold production of 15-16 tonnes.

    In April 2020, Porgera was suspended after its SML expired. In April 2021, BNL signed a binding Framework Agreement with the government of Papua New Guinea on the future ownership and operation of the Porgera Gold Mine. The mine is expected to resume operation within 2021.