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Zijin Mining and Barrick contributes $1 Million to Landslide Disaster Relief in Papua New GuineaZijin Mining Group and Barrick Gold Corporation announced a joint decision to contribute $1 million in humanitarian aid to assist with relief and reconstruction efforts following the major landslide in the Muliataka region of Enga Province on May 24. The Papua New Guinea government reported that the landslide, which occurred in the early hours of May 24, resulted in a significant humanitarian disa...2024/06/08
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Porgera Gold Mine in PNG Set to Restart Production on Dec 22On December 11, Zijin announced that its part-owned Porgera gold mine in Papua New Guinea will resume production on December 22, and is expected to start producing gold dore products in the first quarter of 2024. According to the project’s new partnership agreement, the equity in New Porgera is shared by PNG stakeholders (51%), including local landowners and the Enga Provincial Government, and BNL...2023/12/15
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Porgera gold mine in PNG moves toward restartThe Porgera Gold Mine is being readied for recommissioning later this year, as announced by Mark Bristow, President and CEO of Barrick Gold on August 4. Located in Papua New Guinea, the mine is held by Barrick Niugini Limited, a joint venture between Zijin Mining and Barrick Gold. This follows an event held on July 20, which was attended by the Prime Minister of Papua New Guinea, the Hon James Mar...2023/08/14
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PNG government signs amendment deed to commencement agreement with BNLZijin 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...2022/04/08
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The Latest Progress on Negotiations on Porgera Gold MineZijin 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 ...2021/04/06
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Porgera Gold Mine in 6th Consecutive Year of Global Environmental Sustainability CertificationFor the sixth year in a row, Porgera Gold Mine was independently certified to ISO 14001 Environmental Management System on August 13. This certification means that, since December 2012 when Porgera Gold Mine completed the first assessment by Environmental Resources Management (ERM), it has been up to international environmental sustainability standards for 6 consecutive years. ISO 14001 Environmen...2018/08/24