Small Singapore company to monopolise all gold trading in PNG, says industry

The proposed National Gold Corporation Bill 2022 will effectively create a Gold Monopoly which will be disastrous for PNG’s mining sector and the economy of Papua New Guinea. That’s the stern implications

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Porgera gold mine reopening date set

Barrick Gold Corporation and the Papua New Guinea Government expect the Porgera gold mine to reopen in September, according to Barrick chief executive officer Mark Bristow. Bristow met with Prime Minister James Marape

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Disclose gold deal, court orders PNG government

Papua New Guinea deputy Chief Justice Ambeng Kandakasi has ordered the Government to disclose all relevant information regarding the national gold refinery deal it struck with Singapore’s National Gold Corporation.

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Barrick finalises deal to restart PNG gold mine

Barrick Gold Corp is set to restart operations at one of its biggest gold mines after inking a deal with Papua New Guinea’s government over its shuttered mine in the southwest Pacific island nation. The world’s

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Can mining dig Fiji out of COVID hole?

By Dionisia Tabureguci Fiji's minerals sector is tipped to lead its post-COVID economic recovery, with gold production expected to strengthen later this year and interest in gold prospecting on the rise. "The

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Tuvatu gold prospect could be Fiji’s next Vatukoula: MRD

The Tuvatu Alkaline Gold Project in Fiji’s Western Viti Levu is likely to be the country’s next big gold gig, potentially rivalling the size of the neighbouring Vatukoula Gold Mine, the only active gold mine

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Elusive Olympic gold within reach

THERE’s an air of excitement and anticipation as Brazil gets set to host the 31st Olympic Games from 5-21 August. Never before has an Olympic gold medal been so close a reality for the tiny island nations of the

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