PNG targets K200 billion economy by 2032
Prime Minister James Marape says Papua New Guinea has been working on five major projects in the last three years to reach a K200 billion (US$56.8 billion) economy. “The projects are the Papua LNG, Pogera Gold Mine,
Independent assessment of former Bougainville mine due to open
An independent environmental and human rights legacy impact assessment of Rio Tinto’s former Panguna mine in the autonomous Papua New Guinea region Bougainville is due to begin this week. Last year, Rio Tinto
New Caledonia agrees to sale of controversial nickel mine
Political leaders in French overseas territory New Caledonia have agreed new terms for the sale of the Brazilian-owned Goro nickel mine. The deal gives a majority stake-holding to state entities based on the island
PNG wins majority stake in Barrick-Zijin gold mine
Barrick Gold Corp has reached a deal that gives the Papua New Guinea government a majority share in the Porgera gold mine as part of plans to restart operations, the company said on Friday. The deal will set a benchmark
An ominous warning for PNG
Papua New Guinea: “When we don’t have any of these copper and gold mines anymore, where are we headed?” This quote is by Jerry Garry, Managing Director of PNG’s Mineral Resources Authority (MRA). According to Mr
PNG’s Wafi-Golpu project talks stall
PNG's Wafi-Golpu project has been stalled over the remaining major issue of the mine waste disposal
Nauru determined to back Deep Sea Mining
With the COVID-19 Pandemic maintaining its crippling grip on the Pacific, legislators have struggled to find alternative sources of income to buoy national economies. On the rocky outcrop of Nauru in the Central
Solomon Islands Opposition Leader calls for mining moratorium
Solomon Islands leader of Opposition, Matthew Wale has called for a moratorium on all forms of mining in the country until proper management and regulatory policies are put in place to safeguard the people and their
Vale mine in New Caledonia
After months of political dispute, the Brazilian corporation Vale has finally sold its Goro nickel smelter and other assets in New Caledonia’s Southern Province. The new owners Prony Resources and Trafigura have
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
Can mining dig Fiji out of COVID hole?
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 mining sector
