barrick gold porgera in south africa

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  • Battle over Porgera ends with Barrick stake deal

    Battle over Porgera ends with Barrick stake deal

    Oct 16, 2020· ThePorgera mineinPapua New Guinea. (Image courtesy ofBarrick Gold.)Papua New Guinea’s push for greater sway over its own mineral wealth scored a win, withBarrick Goldagreeing to …

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  • Barrick Gold Corporation Investors Annual Report

    Barrick Gold Corporation Investors Annual Report

    AFRICA& MIDDLE EAST.Africais the world's largestgoldproducer with 22% of global production.BarrickisAfrica'slargestgold minerand its assets on the continent continue to be a significant contributor to the company's free cash flow. The Loulo-Gounkoto complex in Mali and Kibali in the Democratic Republic of Congo are both Tier One assets, and ongoing exploration work at Tongon in …

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  • Barrick (Niugini) Limited Updates on Porgera Negotiations

    Barrick (Niugini) Limited Updates on Porgera Negotiations

    PORT MORESBY,PAPUA NEW GUINEA(PNG) – SATURDAY 17 OCTOBER, 2020:Barrick(Niugini) Limited (“BNL”), the majority owner and operator of thePorgera gold mineinPapua New Guinea, offers the following update and clarification on the status of negotiations between BNL and the PNG Government to reach agreement on a mutually acceptable solution that would enable the reopening ofPorgeramine …

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  • Barrick to take PNG to Supreme Court over Porgera dispute

    Barrick to take PNG to Supreme Court over Porgera dispute

    Sep 02, 2020· ThePorgeramine employs over 3,300 PNG nationals and contributes around 10% of the country’s exports – last yearPorgeraproduced almost 600,000 ounces ofgold. Coinciding with record-highgoldprices caused by the Covid-19 pandemic, all parties involved will be seeking a speedy restart to operations, though the terms of that restart are ...

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  • Pacific Battle Over Gold Mine Ends With Barrick Stake Deal

    Pacific Battle Over Gold Mine Ends With Barrick Stake Deal

    Oct 16, 2020·PacificBattle OverGold MineEnds WithBarrick Stake Deal(Bloomberg) --Papua New Guinea’s push for greater sway over its own mineral wealth scored a win, withBarrick Gold Corp…

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  • Gold price boosts Barrick profit as miner eyes copper

    Gold price boosts Barrick profit as miner eyes copper

    The government ofPapua New Guineaannounced in April it would not renew a 20-year special mining lease for thePorgera gold mine, which is jointly owned byBarrickandChina'sZijin Mining...

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  • Barrick Gold Corporation About Governance Board of

    Barrick Gold Corporation About Governance Board of

    Mr. Bristow was appointed President and Chief Executive Officer ofBarrickeffective January 1, 2019, following completion of the merger with Randgold Resources. Previously, since its incorporation in 1995, Mr. Bristow was the Chief Executive Officer of Randgold following his pioneering exploration work in WestAfrica.

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  • Barrickto take PNG to Supreme Court overPorgeradispute

    Barrickto take PNG to Supreme Court overPorgeradispute

    Barrick to take PNG to Supreme Court over Porgera dispute. Matthew Hall 2 September 2020 (Last Updated September 2nd, 2020 17:07) In April, the Papua New Guinea (PNG) government denied an application from Barrick Gold to extend its rights at the Porgera gold mine. Following a lengthy dispute, Barrick’s request for judicial review of the decision has been dismissed by PNG’s National Court.

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  • Barrick Gold sends dispute notice to PapuaNew Guinea over

    Barrick Gold sends dispute notice to PapuaNew Guinea over

    Jul 10, 2020· July 10 (Reuters) - Canadian miner Barrick Gold Corp ABX.TO said on Friday it served a dispute notice to the Papua New Guinea (PNG) government over the …

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  • Barrickdenies alleged links to PNG political unrest

    Barrickdenies alleged links to PNG political unrest

    Nov 17, 2020· Porgera is owned 47.5% by Barrick and 47.5% by Zijin Mining, with the remaining 5% held by the Enga provincial government and landowners. The …

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  • Barrickinitiates ICSID conciliation proceedings overPorgera

    Barrickinitiates ICSID conciliation proceedings overPorgera

    Canadian gold major Barrick has initiated proceedings before the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) over Papua New Guinea’s decision not to extend ...

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  • BNL should maintain possession ofPorgera Barrick

    BNL should maintain possession ofPorgera Barrick

    BNL is 47.5%-owned byBarrickand Zijin Mining, and the provincial government and landowners own 5% of thePorgeraJV via Mineral Resources Enga. Genesis opens new chapter at Ulysses SPONSORED

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  • Four PNG MPs worried aboutPorgera GoldMine Pacific

    Four PNG MPs worried aboutPorgera GoldMine Pacific

    Port Moresby, PNG: FOUR MPs in Enga are concerned about the ongoing impact of the closure of thePorgeramine and the lack of options to get it going again.. Kompiam-Ambum MP Sir John Pundari, Wapenamanda MP Rimbink Pato, Kandep MP Alfred Manase and Lagaip-PorgeraMP Tomait Kapili in a statement said no consideration had been given to what was in the best interest of landowners and …

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  • Barrickreports 'constructive meetings' with Papua New

    Barrickreports 'constructive meetings' with Papua New

    Oct 15, 2020· Toronto-basedBarrick GoldCorp. says it has held "constructive meetings" with the Papua New Guinea national government to try to resolve a dispute and reopen the suspendedPorgera GoldMine in the southwestern Pacific island nation.In a joint statement issued Thursday afternoon, Prime Minister James Marape says he andBarrickCEO Mark Bristow met in the capital of Port Moresby and …

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  • Papua New Guineato take control of Barrick Gold mine

    Papua New Guineato take control of Barrick Gold mine

    Porgera produced about 421,500 ounces of gold in 2018 and in January Barrick was mulling elevating it to “tier one” status, which it reserves for mines capable of producing half a million ounces...

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  • Papua New Guinea refuses extension of Barrick goldmine

    Papua New Guinea refuses extension of Barrick goldmine

    Apr 24, 2020· A dds comments from prime minister, background. MELBOURNE, April 24 (Reuters) - Papua New Guinea has refused an application to extend mining atBarrick GoldCorp's ABX.TO,GOLD.NPorgera goldmine ...

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  • Barrick Gold Outlook Takes a Hit Over Pacific Mine Dispute

    Barrick Gold Outlook Takes a Hit Over Pacific Mine Dispute

    May 06, 2020· Barrick co-owns the Porgera operation with Chinese partner Zijin Mining Group Co. PNG’s Prime Minister James Marape swept to power last year with a promise to secure a …

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  • Pacific Battle OverGoldMine Ends WithBarrickStake Deal

    Pacific Battle OverGoldMine Ends WithBarrickStake Deal

    Oct 15, 2020· Papua New Guinea’s push for greater sway over its own mineral wealth scored a win, with Barrick Gold Corp. agreeing to a deal that will see the South Pacific nation get a big stake in a key gold...

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  • Barricksees no risk to mining conventions in Mali, hikes

    Barricksees no risk to mining conventions in Mali, hikes

    Nov 05, 2020·Goldproduction fell as thePorgeraproject in Papua New Guinea remained shut. Papua New Guinea andBarrickhave agreed in principle overPorgera, withBarrickNiugini Ltd set to remain operator of the project. Bristow said he would travel to theSouthAsian country next week and that he hoped to resolve the lease dispute soon.

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  • Barrickreports strong Q1; withdraws guidance forPorgera

    Barrickreports strong Q1; withdraws guidance forPorgera

    Barrick Gold(TSX: ABX; NYSE:GOLD) has withdrawn its 2020 guidance for its 47.5%-ownedPorgeramine after placing it in temporary care and maintenance on April 27. Work was halted after Papua New Guinea said it would not renew the mine’s 20-year special mining lease (SML). The revised group guidance withoutPorgerais between 4.6 million and 5 million oz.gold, about 200,000 oz. less than ...

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  • BarrickNiugini responds to PNG PM Marape's Comments

    BarrickNiugini responds to PNG PM Marape's Comments

    BarrickNiugini Limited (BNL), majority owner and operator of thePorgera goldmine in Papua New Guinea (PNG), provides the following response to comments made by Prime Minister James Marape on talk-back radio on Thursday 6th August 2020.

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  • PNG Government in negotiation withBarrickNiugini to

    PNG Government in negotiation withBarrickNiugini to

    “I was very pleased to be able to meet withBarrickCEO Mr Bristow and his team today. to discuss a way forward in reopening thePorgera GoldMine," the Prime Minister said. Discussions focused on mutually-acceptable arrangements for a newPorgerapartnership to …

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  • Papua New Guinea refuses extension of Barrick goldmine

    Papua New Guinea refuses extension of Barrick goldmine

    Apr 24, 2020· A dds comments from prime minister, background. MELBOURNE, April 24 (Reuters) - Papua New Guinea has refused an application to extend mining atBarrick GoldCorp's ABX.TO,GOLD.NPorgera goldmine ...

    read moremore
  • BNL should maintain possession ofPorgera Barrick

    BNL should maintain possession ofPorgera Barrick

    BNL is 47.5%-owned byBarrickand Zijin Mining, and the provincial government and landowners own 5% of thePorgeraJV via Mineral Resources Enga. Genesis opens new chapter at Ulysses SPONSORED

    read moremore
  • Papua NewGuinea hits back at Barrick for halting Porgera

    Papua NewGuinea hits back at Barrick for halting Porgera

    Apr 28, 2020· Thegoldmine, located in PNG’s northern highlands region, is a joint venture betweenBarrickand Zijin Mining. Each own 47.5% of the mine, with the …

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  • Barrick GoldCorporation AGE (African Growing

    Barrick GoldCorporation AGE (African Growing

    Barrick GoldCorporation is the largest puregoldmining company in the world, with its headquarters in Toronto, Ontario, Canada.Barrickis currently undertaking mining and exploration projects in Papua New Guinea, the United States, Canada, Dominican Republic, Australia, Peru, Chile, Russia,South Africa, Pakistan, Colombia, Argentina and Tanzania.

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  • BarrickJV set to remain operator ofPorgera goldmine in

    BarrickJV set to remain operator ofPorgera goldmine in

    Barrickand Zijin currently each hold 47.5% in thePorgeraproject, with the remaining 5% held by Mineral Resources Enga, itself a joint venture between Enga province and local landowners.

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  • BarricktakesPorgeradispute to PNG Supreme Court The

    BarricktakesPorgeradispute to PNG Supreme Court The

    Barrick Gold(TSX: ABX; NYSE:GOLD) will take a dispute over mining rights for thePorgera goldmine in Papua New Guinea (PNG) to the country’s Supreme Court after a minor court dismissed the Canadian company’s attempt to regain the licence.. The world’s second-largestgoldproducer and its Chinese partner, Zijin Mining, became embroiled in a dispute with the PNG government in April ...

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  • Barrick Granted Court Review to PleadCase on PNG Mine

    Barrick Granted Court Review to PleadCase on PNG Mine

    Jun 05, 2020·Barrick’s share of thegoldfromPorgeraaccounted for about 5% of its global production of the metal in 2019. The miner has previously said that with proper investmentPorgerahas …

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