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SYDNEY (Reuters) - Barrick Gold has suspended operations at its Porgera gold mine in Papua New Guinea until Thursday after tribal violence in the region killed at least 20.
The Porgera Gold Mine is a large gold and silver mining operation near Porgera, Enga province, Papua New Guinea (PNG). Located at the head of the Porgera Valley, The mine is situated in the rain forest covered highlands at an altitude of 2,200 to 2,700 m, in a region of high rainfall, landslides, and frequent earthquakes.
Porgera Gold Mine was built by Vancouver-based Placer Dome, and began operations in 1990. It is one of the world's top ten gold mines, producing over 16 million ounces up to 2009. The mine, which is operated by Porgera Joint Venture (PJV), has been 95% owned by Toronto-based Barrick Gold Corporation following Barrick's takeover of Placer Dome ...
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The Porgera mine was partially nationalized at the end of 2022, with the Papua New Guinean government owning 36%, the indigenous community owning 15%, and Barrick Gold owning 49%. [9] Suffering from stomach cancer, Maso Karipe frequently travelled to Australia beginning October 2022. [10] He died in Brisbane on 7 November 2023. [11]
More than 100 people are believed to have been killed in a landslide Friday that buried a village in a remote, mountainous part of Papua New Guinea, and an emergency response is underway ...
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. [3] It is headquartered in Toronto, Ontario, Canada. [4] It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. [5]
[11] [12] It blocked a highway near the Porgera Gold Mine, and destroyed 150 metres (490 ft) of the main highway leading into Kaokalam, causing concerns over the supply of fuel and goods. [13] [1] [14] The mine's management said that its regular operations were unaffected and that fuel at the site was enough to sustain the facility for 40 days ...