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

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Porgera, prices and access

The government of Papua New Guinea’s newly re-elected Prime Minister, James Marape will be focused on building investor confidence and getting Porgera reopened, as it begins its new term. In his first speech to

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Porgera massacre shocks PNG

The district hospital in Porgera, Enga remains closed after a brutal massacre in Porgera town Tuesday afternoon in which 18 people were killed. The massacre has rocked Enga province and shocked Papua New Guinea.

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Porgera violence ongoing, 17 dead

Seventeen people have been killed, hundreds of families were made homeless, dozens of houses razed and Papua New Guinea government services ground to a halt in Enga Province’s Porgera district as warring clans took up

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Porgera extension rejection reflects policy of economic nationalism

The Papua New Guinea government’s decision not to extend the mining lease on the economically important Porgera gold mine has shocked the joint venture operator, but the K17 billion (US$4.8 billion) Wafi-Golpu

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