Zijin News - The government of Papua New Guinea and Barrick (Niugini) Limited (“BNL”) recently entered into a Deed of Amendment to the Porgera Project Commencement Agreement and an Escrow Deed to park 10% of the project equity of the new joint venture. The deeds were signed at the Government House in Port Moresby. PNG Prime Minister James Marape attended the signing, which he said is a major miles...

Zijin News - on 6th April 2021, Pupa New Guinea (PNG) Prime minister James Marape has announced an imminent agreement to reopen Porgera mine. Barrick Gold Corporation (Barrick) has announced the latest progress about the negotiations afterwards. The production of Porgera has been suspended and the mine has been on care and maintenance since April 2020 as the PNG government refused the application ...

On November 13th and 14th, Damian Shaw, the Deputy General Manager Operations of Porgera Mine in Papua New Guinea (PNG), and the Senior Community Manager Timothy Andambo visited Zijinshan Gold and Copper Mine and exchanged views with Zijin on mine’s operations, community relations and mining safety, also shared managerial experience. Porgera Gold Mine in PNG is a newly acquired mine by Zijin (47.5...

On August 31st, Fang Qixue, the Executive Director, Vice President and Chief Engineer of Zijin Mining Group Ltd., signed the final delivery documents on acquisition of Porgera ld mine in Papua New Guinea. The deal has completed. Porgera ld mine is considered as a large-sized and well-developed operating mine. With more than 300 tonnes (or 9.65 million ounces) of ld resources and over 15 tonnes (or...