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Page 16 - Sir Peter Ipatas News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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PNG does deal with devil it knows over gold mine

Papua New Guinea s government has done a deal with the devil to reopen a large gold mine in the country s Highlands region. With an economy in contraction due to the pandemic, the PNG government has reached an agreement with Canada-based company Barrick Gold on plans to reopen the Porgera mine. Aerial view of the Porgera gold mine. Photo: Zijin Mining The Enga province mine had been in operation for 30 years until a year ago when it closed a after PNG s government denied Barrick and its joint venture partner in Barrick Niugini Ltd, Zijin Mining of China, a renewed mining lease.

PNG does deal with the devil it knows over gold mine

Papua New Guinea s government has done a deal with the devil to reopen a large gold mine in the country s Highlands region. With an economy in contraction due to the pandemic, the PNG government has reached an agreement with Canada-based company Barrick Gold on plans to reopen the Porgera mine. Aerial view of the Porgera gold mine. Photo: Zijin Mining The Enga province mine had been in operation for 30 years until a year ago when it closed a after PNG s government denied Barrick and its joint venture partner in Barrick Niugini Ltd, Zijin Mining of China, a renewed mining lease.

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