1737:
636:
552:
169:
104:
200:
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In
January 2009 production was halted. The mine has been designed to produce in excess of 100,000 ounces of gold per year. In 2007, a decision was made by Highlands Pacific Ltd. to sell Kuinantu Gold mine and licences to Placer Dome Oceania, a subsidiary of Barrick Gold Corporation for a cash price of US$ 141.5 million. The mine is now owned and operated by K92 mining, a Canadian company.
24:
399:
66:
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project, with first production expected in 2013. The resource is high grade copper-gold resource and the world's first
Seafloor Massive Sulphide (SMS) resource. Important minerals are created by the rapid cooling of the gases emerging from volcanic openings on the sea floor. In 2014 a 20-year mining
296:
Construction of the
Kainantu Gold Mine began in March 2004 and commenced operations in March 2006. In 2004 Landowners threatened to close down Highlands Pacific's Kainantu gold mine. Kainantu Gold Mine is an underground mine and the concentrate is trucked to Lae and shipped to Japan for processing.
729:
Papua New Guinea has large reserves of minerals and gas. The mineral exports are gold, silver, copper, nickel, and cobalt. According to the Bank of Papua New Guinea's
Quarterly Economic Bulletin, the weighted average kina price of Papua New Guinea's export commodities (excluding LNG) increased by
335:
Merger talks were first made known in April 2010, with an announcement by
Newcrest Mining. On Monday August 23, 2010 the A$ 9.5 billion takeover offer by Newcrest was approved after 99.86% of Lihir Gold Shareholders voted in favour of it. The takeover received national court of Papua New Guinea
141:
With the exception of the Ok Tedy Mine (copper-gold) and the Ramu nickel-cobalt mine, almost all of the mining in PNG has been gold mining. The two largest gold mines are the
Porgera (Enga Province) and Lihir (New Ireland Province) mines. In 2009, the Hidden Valley gold and silver mine (Morobe
899:
150:
the most active mine in the country. The mine reported that 29.32 Mt of ore was mined (approximately 240,000 t/d material moved) and 29.26 Mt milled (77,000 t/d) with a head grade of 0.78% Cu and 0.8 g/t Au. Respective gold and copper recoveries for 2003 at Ok Tedy were 68% and 84%.
145:
All the mining activity that has taken place in the country since 1970 has produced approximately 5 million tonnes of copper between 1970 and 2007. The country produced 202,277 t of copper in 2003 compared to 211,315 in 2002, all of which was produced by the
497:
The project comprises the
Kurumbukari mine site and beneficiation plant, and a 135 kilometres (84 mi) slurry pipeline from the mine to the Basamuk processing plant. The mine is located on the Kurumbukari plateau, on the southern side of the
730:
20.7% in
September 2021, compared to an increase of 2.5% in the corresponding quarter of 2020. There was an increase of 16% in the weighted average price of mineral exports, compared to an increase of 8.2% in the corresponding quarter of 2020.
513:(“MCC”) acquired the majority interest in the Project and Ramu NiCo Management (MCC) Limited became Manager and Operator for the Ramu Nickel Joint Venture. The mine project was commissioned in 2012 and achieved design capacity in 2017.
222:
aircraft crashed into the sea near Lae carrying gold belonging to the Bulolo Gold
Dedging Company. It is believed that 35,000 pounds worth of gold bullion was on board. It was recovered later by special divers. The remains can be seen
77:
327:
as its first project was to raise capital to build the Lihir Island gold mine was merged with
Newcrest Mining at the end of August 2010 (the last day for trading of Lihir Gold shares was August 30, 2010). Australian economist
373:
has become a major source of income in the island, with an association Misima Alluvial Gold Mining Association (MAGMA) starting in 2007. Other sources of income, especially for people living on the north coast, are
444:
is a major shareholder of the BC (54%) and is currently reviewing its stake in the company. The deposit has a life of mine of some 20 years and has a capacity to produce 180 000t of copper and 480 000 oz
509:, the Kurumbakari project was explored intermittently by several companies. By the 1990s, Highlands Pacific completed detailed exploration followed by a feasibility study. In 2005,
1501:
Hettler, J.; Irion, G.; Lehmann, B. (1997). "Environmental impact of mining waste disposal on a tropical lowland river system: A case study on the Ok Tedi Mine, Papua New Guinea".
502:, 75 kilometres (47 mi) to the southwest of Madang. The processing plant site is located on the coast of Basamuk Bay, 55 kilometres (34 mi) to the southeast of Madang.
215:. Large amounts of gold have been extracted by both alluvial and underground mining. Brothers William and Stanley Royal found gold at Edie Creek in 1926. On 16 July 1951, a
339:
The acquisition made Newcrest Mining the world's fifth-largest gold producer with a production of 2.8 million ounces of gold (2009 combined production of the 2 companies).
1637:
539:
Gold production started in February 2008 and the mine has a projected life of 8 years. Production for the 2008 calendar year was 75,267 ounces (2,133,787 grams).
871:
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1005:
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is situated at Mount Fubilan in the Star Mountains in western PNG, close to the Indonesian border. OK Tedi Mining Limited is 100% Government owned (2014).
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where it kills fish and trees, and poisons croplands and drinking water. Increased sediment load in the river has caused high concentrations of dissolved
2010:
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of Papua New Guinea. The 2022 annual output was 34,302 tonnes of nickel and 2,987 tonnes of cobalt contained in a mixed hydroxide intermediate product.
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45:
32:
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per year. This development marked one of the first major investments in PNG, and was at one stage one of the world's largest copper - gold mines.
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Increased mining in Papua New Guinea has caused notable environmental impacts. Papua New Guinea has permitted the direct discharge of
453:
1910:
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440:, producing copper concentrate from 1972 until May 1989, when mining operations were suspended due to civil unrest in the province.
2020:
2000:
1868:
1767:
1623:
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1388:
1438:
Barnes, D. J.; Lough, J. M. (1999). "Porites growth characteristics in a changed environment: Misima Island, Papua New Guinea".
452:
As of 2014, talks of restarting mining operations in Panguna mine have continued, with BC seeking official endorsement from the
2030:
1936:
1591:
The regulation of exploration and extraction in 31 jurisdictions worldwide - Papua New Guinea (2010). Law Business Research Ltd
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Edie Creek has been a historic gold and silver mining area since its discovery in 1926. Located about 5 km south-west of
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2005:
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88:
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772:
37:
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1941:
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1145:""Ramu Nickel Cobalt Operations, located in Madang Province – Papua New Guinea, NI 43-101 Technical Report"
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2063:
1946:
1383:
2106:
2058:
1782:
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1230:"Mineral Resource Estimate, Solwara 1 Project, Bismarck Sea, Papua New Guinea for Nautilus Minerals Inc"
686:
277:
208:
1382:
Mudd, Gavin M.; Roche, Charles; Northey, Stephen A.; Jowitt, Simon M.; Gamato, Gama (1 November 2020).
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478:. The mine is located at the head of the Porgera Valley and end of the river and operated by
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390:. A commercial fisheries project has been proposed, but has not been developed yet.
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1173:"Management's Discussion & Analysis for the Three months ended April 30, 2023"
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355:
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is known as a mining island. A huge mine operated many years on the island. The
324:
276:. It is operated by Morobe Mining Joint Ventures, a 50:50 joint venture between
253:
1384:"Mining in Papua New Guinea: A complex story of trends, impacts and governance"
1802:
1143:
Deng, Qingping; Ingham, Peter D.; Nice, Roland; Brett, Adrian (19 July 2019).
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698:
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375:
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285:
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23:
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1342:"Canadian mining company could be involved in world's first deep sea mine"
138:. Since the 1970s, mineral extraction has dominated the national economy.
2035:
1073:
675:
379:
317:
281:
1610:
1595:
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211:, it was the centre of one of the first major gold rushes in PNG before
398:
264:
Hidden Valley is an open-pit, gold-silver mine and processing plant in
76:
65:
1570:
323:
The company, incorporated in Papua New Guinea in June 1995, and named
1586:
Mining Journal special publication – Papua New Guinea (November 2009)
1206:
714:
216:
614:
The Solwara 1 Project is located at 1600 metres water depth in the
1317:"Deep sea mining threatens indigenous culture in Papua New Guinea"
490:
The Ramu lateritic nickel-cobalt mining project is located in the
474:
The Porgera Gold Mine is a large gold mining operation located in
397:
383:
198:
75:
64:
358:(owning 80%) and the state-owned Orogen Minerals. In March 2012,
288:
deposits from hydrothermal systems related to volcanic activity.
499:
446:
1619:
284:, an Australian gold and copper mining company. The metals are
630:
546:
273:
163:
98:
17:
1024:"Lihir Gold Shareholders Approve Merger With Newcrest Mining"
778:. Mineral Resources Authority of Papua New Guinea. March 2008
268:. The mine is approximately 210 km north-north-west of
1605:
822:. Harmony Gold Mining Company Limited. 2010. Archived from
366:
having successfully rehabilitated the mine and mill sites.
1611:
Press review: Mining in the South Pacific (since May 2009)
1575:
280:, a company that operates primarily in South Africa, and
1178:. Toronto, Ontario: Nickel 28 Capital Corp. 27 June 2023
851:. Harmony Gold Mining Company Limited. 2010. p. 155
1044:"Court clears Newcrest's $ 22.3-bn Lihir Gold takeover"
647:
563:
180:
115:
1369:"Woodlark Gold Project - Geopacific Resources Limited"
773:"Exploration & Mining Bulletin Quarterly Bulletin"
689:
facility on Misima Island in 1988, large increases of
134:
Up until 1970, there was little mineral extraction in
1576:
Mineral Resources Authority (MRA) of Papua New Guinea
872:"Confidence the first victim of PNG's resources play"
618:, New Ireland Province. It will be the world's first
2049:
1987:
1923:
1830:
1744:
1654:
1596:
Photo Gallery: Mining in Papua New Guinea 1983-2010
1294:"Nautilus says could start undersea mining in 2013"
1545:"Papua New Guinea - Mining Equipment and Services"
535:in the volcanic highlands on the eastern side of
1267:"Solwara 1 Project – High Grade Copper and Gold"
987:"Lihir Gold to accept Newcrest's takeover offer"
1475:"Mining in the Pacific: a blessing and a curse"
709:by 5-10 times. The poisonous waste reaches the
332:served as Lihir's chairman from 1995 to 2010.
1631:
1269:. Nautilus Minerals Inc. 2010. Archived from
1150:. Sydney: Behre Dolbear Australia. p. 12
362:closed its post closure monitoring office in
8:
1473:Togiba, Lyanne; Doherty, Ben (7 June 2021).
1235:. Golder Associates Pty Ltd. Archived from
623:license was granted to a Canadian company.
1993:
1929:
1836:
1750:
1660:
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1624:
1616:
1205:. Mineral Policy Institute. Archived from
767:
765:
763:
524:, an Australian-based company, operate an
1064:Newcrest Proposed Combination with Lihir
944:"Barrick struggles against rising costs"
797:Sea Yields Gold Lost In Lae Air Disaster
48:of all important aspects of the article.
1261:
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1165:
1138:
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458:National Government of Papua New Guinea
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507:Australian Bureau of Mineral Resources
308:is an open cut gold mine operating on
44:Please consider expanding the lead to
1601:Mining in Papua New Guinea - InfoMine
511:China Metallurgical Group Corporation
203:Edie Creek, Central New Guinea, 1936.
7:
1006:"Last day of trading for Lihir Gold"
966:"Last day of trading for Lihir Gold"
814:
812:
810:
705:also increased sedimentation in the
678:to its rivers and seas for decades.
482:d.b.a. Porgera Joint Venture (PJV).
272:, and 90 km south-southwest of
1340:Kaknevicius, Ariana (13 May 2014).
80:Crystalline gold from a mine in PNG
1571:PNG Chamber of Mines and Petroleum
454:Autonomous Bougainville Government
14:
1606:PNG Mining News & Information
1315:Childs, John (19 February 2019).
985:Chambers, Matt (24 August 2010).
870:Bromby, Robin (August 19, 2011).
369:Since 2004 when the mine closed,
2124:
1735:
1389:Science of the Total Environment
634:
550:
252:Provinces on a tributary of the
167:
142:Province) commenced production.
102:
22:
1410:10.1016/j.scitotenv.2020.140375
1004:Kiladze, Tim (30 August 2010).
36:may be too short to adequately
670:Environmental impact of mining
666:A mine in Mline bay province.
46:provide an accessible overview
1:
1113:"Bougainville Copper Limited"
900:"Highlands Pacific (ASX:HIG)"
681:After the construction of an
336:approval on August 28, 2010.
244:is situated on the border of
1292:Hill, Matthew (2010-09-07).
846:"Harmony Annual Report 2010"
725:Reserves and mineral exports
87:is an important part of the
1581:Map of mining projects 2010
964:Kiladze, Tim (2010-08-30).
402:Specimen gold from Mt. Kare
2178:
2162:Mining in Papua New Guinea
1228:Lipton, Ian (2008-02-01).
533:Simberi Oxide Gold Project
517:Simberi Oxide Gold Project
505:Discovered in 1962 by the
467:
410:
233:
85:Mining in Papua New Guinea
2119:
1996:
1932:
1839:
1753:
1733:
1663:
1844:Administrative divisions
804:22 November 1952 page 10
316:. It is wholly owned by
89:Papua New Guinea economy
354:was a joint venture by
697:thickness of a nearby
529:gold (and silver) mine
403:
204:
81:
73:
2131:New Guinea portal
1703:Australian occupation
1698:Bougainville campaign
1688:North Solomon Islands
1523:10.1007/s001260050093
1452:10.1007/s003380050185
693:caused a decrease in
401:
202:
79:
68:
1723:Bougainville history
1119:on 23 September 2015
1093:on 23 September 2015
922:"Kainantu gold mine"
314:Bismarck Archipelago
260:Hidden Valley/Hamata
242:Frieda River Project
236:Frieda River Project
1713:Japanese occupation
1693:New Guinea campaign
1515:1997MinDe..32..280H
1503:Mineralium Deposita
1402:2020ScTEn.74140375M
1347:Canadian Geographic
1209:on 16 February 2011
1087:"About the Company"
801:The West Australian
596: /
438:Bougainville Island
432:(BC) developed the
430:Bougainville Copper
1965:Telecommunications
1718:Territorial merger
1708:Australian mandate
1678:British New Guinea
1673:Colonial governors
1371:. 2 November 2021.
1069:2011-07-06 at the
747:"Papua New Guinea"
646:. You can help by
562:. You can help by
404:
205:
179:. You can help by
114:. You can help by
82:
74:
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2114:
1983:
1982:
1919:
1918:
1901:Political parties
1859:Foreign relations
1826:
1825:
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1683:German New Guinea
1273:on 12 August 2010
942:PNGIndistruNews.
826:on 13 August 2010
685:gold mine and an
664:
663:
600:3.789°S 152.094°E
580:
579:
500:Ramu River Valley
470:Porgera Gold Mine
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701:. Mining in the
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371:artisanal mining
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2069:National emblem
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605:-3.789; 152.094
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560:needs expansion
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266:Morobe Province
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177:needs expansion
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31:This article's
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1937:Agriculture
1879:enforcement
1778:Earthquakes
1668:Headhunting
1440:Coral Reefs
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1182:15 February
1154:15 February
855:12 November
752:February 1,
603: /
591:152°05′38″E
531:called the
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356:Placer Dome
352:Misima mine
254:Sepik River
2107:Visual art
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2079:Literature
1949:(currency)
1896:Parliament
1803:New Guinea
1554:2023-08-27
1326:2020-08-10
1050:2012-06-18
1012:. Toronto.
974:. Toronto.
782:11 January
734:References
719:floodplain
699:coral reef
376:cash crops
286:epithermal
250:East Sepik
160:Edie Creek
2084:Melanesia
2026:Languages
2006:Education
1975:Transport
1854:Elections
1813:Volcanoes
1788:Kuk Swamp
1746:Geography
1531:129650097
1203:"Simberi"
1123:24 August
1097:24 August
711:Fly River
588:3°47′20″S
543:Solwara 1
442:Rio Tinto
38:summarize
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1818:Wildlife
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920:ACTNOW.
683:open-cut
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627:Woodlark
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364:Bwagaoia
318:Newcrest
292:Kainantu
282:Newcrest
2136:Outline
2051:Culture
1989:Society
1970:Tourism
1925:Economy
1849:Cabinet
1783:Geology
1656:History
1511:Bibcode
1398:Bibcode
949:9 March
927:9 March
905:9 March
883:9 March
464:Porgera
360:Barrick
312:in the
278:Harmony
246:Sandaun
95:History
2102:Sports
2064:Cinema
2059:Anthem
2016:Health
1955:Mining
1808:Rivers
1758:Border
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715:copper
386:, and
343:Misima
220:Drover
217:Qantas
2089:Music
1947:Kina
1793:Lakes
1527:S2CID
1456:S2CID
1240:(PDF)
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388:cacao
384:copra
325:Lihir
306:Lihir
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225:here.
155:Mines
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1414:PMID
1355:2015
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