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Tag: PNG

Deal to see Porgera gold operations restart

Written by dev on . Posted in All News, Gold.

The Porgera gold mine is on track to resume operations later this year after the Papua New Guinea government reached an agreement with Barrick Niugini on a partnership for its future ownership and operation.

The Porgera operation, about 600km north-west of Port Moresby, PNG, has been on care and maintenance since April 2020 when the government declined to renew its special mining lease.

The terms of a binding framework agreement signed by Governor General Sir Bob Dadae and Barrick Gold Corporation president and. . .

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Ok Tedi restart after COVID-19 crisis

Written by dev on . Posted in All News, Copper, Gold.

Ok Tedi Mining in Papua New Guinea is due to resume mine operations today (April 1) after a suspension due to a surge in COVID-19 cases.

Acting managing director and chief executive officer Kedi Ilimbit said the restart of operations would be gradual, with ramp up to full production expected to take up to two weeks.

The Ok Tedi outbreak was a major concern for Queensland, with Cairns acting as a FIFO hub for Australian workers at the site.

Ok Tedi Mining suspended all flights to Cairns on March 5 following reports that five of its passengers who travelled. . .

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COVID-19 crisis sees Ok Tedi mine suspend operations

Written by dev on . Posted in All News.

Papua New Guinea-based Ok Tedi Mining has halted operations in order to protect its workforce, communities and operation as COVID-19 grips the country.

The company said that in light of the recent surge in COVID-19 cases at the mine site and in Papua New Guinea, it would suspend operations for 14 days as of Friday, March 19, to stop further transmission of the virus within its operations.

Loss in revenue during the suspension is expected to be in the order of PGK210 million, the equivalent of about $AU77 million.

The company had already suspended international charter flights. . .

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Ok Tedi Mining suspends international flights

Written by dev on . Posted in All News.

Ok Tedi Mining Limited (OTML) has suspended with immediate effect all its international flights to Cairns following reports that five of its passengers who travelled out this week tested COVID-19 positive while doing their hotel quarantine in Cairns.

The company says it takes the situation very seriously and has been in close liaison with the Queensland Police and Queensland Health. 

Regularly-scheduled passenger flights for this week and next week going into Cairns have been. . .

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Large-scale testing reveals more Ok Tedi COVID-19 cases

Written by dev on . Posted in All News.

Ok Tedi Mining has reported 37 new positive COVID-19 cases after a round of testing following its decision to suspend operations last week.

The company announced on August 5 that it had suspended operations for at least 14 days after seven workers tested positive for COVID-19.

The Ok Tedi open-pit mine is located in PNG’s Western Province and counts a number of Australians among its workforce, with FIFO arrangements via Cairns.

It said this week that it had since implemented a contact tracing, testing and isolation program at the mine site.

The first batch of 341. . .

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Newcrest confirms COVID-19 case in PNG

Written by dev on . Posted in All News, Copper, Gold.

Major gold producer Newcrest Mining has confirmed that it is managing a COVID-19 case in its isolation and treatment facility at Lihir Island in Papua New Guinea.

The news comes just days after Papua New Guinea’s Ok Tedi copper and gold mine suspended operations for at least 14 days after seven workers tested positive for COVID-19.

About 4500 people are employed at Newcrest's Lihir gold operation, which has a combination of residential and fly-in-fly-out personnel. . .

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Pure Minerals eyes PNG nickel mining potential

Written by dev on . Posted in All News, Energy.

The company behind a proposed battery chemical plant in Townsville is buying a nickel project in Papua New Guinea.

Pure Minerals said it had acquired the Sewa Bay nickel project in the Milne Bay Province from Highlands Pacific Resources.

"Sewa Bay has the potential to be a low-cost mining operation with nickel laterite mineralisation from surface," Pure Minerals managing director John Downie said.

"Whilst our focus remains on importing ore from our ore supply partners in New Caledonia, Sewa Bay provides us with some risk diversification and future optionality at no initial cost outlay."

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