HOME ABOUT US ADVERTISE SUBSCRIBE SITE MAP HELP CONTACT WORK FOR US   Friday 10 September 2010 Make PNG my HomePage    PROJECT WATCH STORIES [ 46 Results - Showing Results 1 to 30 ] Xstrata, Highlands Pacific upgrade Frieda River (Friday, 22 January 2010) COPPER, gold and silver resources have been upped at the Frieda River project, an Xstrata Copper and Highlands Pacific joint venture in Papua New Guinea. Full Story... BacTech raises funds for PNG purchase (Friday, 24 April 2009) BACTECH Mining Corporation has closed the final tranche of its private placement, raising gross proceeds of $C750,000 (K1.75 million). Full Story... Oil Search reveals PNG LNG plan at investor roadshow (Thursday, 12 June 2008) OIL Search has outlined forward gas development plans for its role in the $US10-11 billion PNG LNG project in an update to shareholders at a recent investor roadshow in the UK. Full Story... Allied Gold eyes 60% ramp-up at Simberi (Wednesday, 28 November 2007) ALLIED Gold is eyeing a 60% ramp-up in gold throughput from its flagship $A87 million Simberi project in the Tabar Islands, PNG, as the Perth-based miner gets ready for first production from the project next month. Full Story... Komsen continues to deliver (Wednesday, 28 November 2007) LATEST drill results from Frontier Resources' Komsen prospect in PNG have continued to intersect high-grade gold hits near surface. Full Story... Simberi development on track (Wednesday, 1 November 2006) PNG-focused junior Allied Gold says it remains on track to have its $US60 million Simberi Island gold project up and running by October next year after making "significant progress" in site works in the three months to September 30. Full Story... Ground slip at Kainantu slows output rate (Wednesday, 1 November 2006) UNDERGROUND production at Highlands Pacific's Kainantu gold mine will be reduced by around 50% over the next two weeks after a ground fall blocked an exhaust airway portal at the Papua New Guinea mine. Full Story... Shares in Canadian pair soar on Mt Kare results (Wednesday, 30 August 2006) SHARES in both Madison Minerals and Buffalo Gold, partners in the Mt Kare gold project, exploded on the Toronto Stock Exchange overnight following the latest high-grade drilling results from the project, which is located just 17km from the massive Porgera gold mine in PNG. Full Story... Austral, Rift plan testing, appraisal for Douglas well (Tuesday, 29 August 2006) NEW Zealand's Austral Pacific Energy and British partner Rift Oil have suspended their possibly commercial Douglas gas-condensate discovery in PNG for future testing. Full Story... Million ounces tip of the iceberg: BDI (Tuesday, 22 August 2006) LONDON-based BDI Mining has hit a milestone at its Woodlark gold project in PNG, with resources surpassing the magic million-ounce mark as the company eyes potential development options for the operation. Full Story... Yandera firms for Marengo (Monday, 21 August 2006) THE Yandera project in PNG is firming up for Perth-based Marengo Mining, with the latest drilling said to have intersected broad zones of copper-molybdenum mineralisation. Full Story... Gold mineralisation extended at Mt Penck (Tuesday, 8 August 2006) NEW Guinea Gold says the latest drilling at its Mt Penck project in PNG has successfully defined gold mineralisation along an eastern extension to the previously identified mineralised zone. Full Story... Ausenco inks Hidden Valley contract (Monday, 7 August 2006) ENGINEERING group Ausenco has secured the engineering, procurement, construction and management contract for Harmony Gold's $A210 million Hidden Valley gold-silver project in Papua New Guinea. Full Story... Simberi development costs hit $US60m (Friday, 28 July 2006) EMBATTLED junior explorer Allied Gold has revised up capital cost estimates and postponed first production at its Simberi Island project in PNG, however, the company says it expects the project to remain fully funded thanks to cash reserves and a $US25 million ($A32.8 million) credit facility. Full Story... Sinivit gold draws closer for NGG (Thursday, 27 July 2006) CANADIAN-listed New Guinea Gold says mine pre-stripping at its Sinivit operation in PNG will begin in September, while a new rig for additional exploration work is also expected onsite in the coming weeks. Full Story... Akoitai slams Ramu fly-in fly-out proposal (Thursday, 8 June 2006) PNG Mining Minister Sam Akoitai has slammed suggestions that a state-owned Chinese mining company is planning on operating on a fly-in fly-out basis with workers to be based in the Queensland town of Bowen. Full Story... Positive conclusion tipped for Santos inclusion (Thursday, 8 June 2006) MAJORITY stakeholder in the significant $US2.5 billion ($A3.37 billion) PNG Gas project, Oil Search, says discussions with possible project partner Santos are progressing to a "positive conclusion". Full Story... Kodu firms for TasGold (Wednesday, 7 June 2006) TASGOLD says a completed desktop study into the possible development of its flagship Kodu copper-gold project in PNG has provided enough confidence to warrant the initiation of an extensive drilling campaign and a pre-feasibility study. Full Story... Mining resumes at Kainantu (Friday, 2 June 2006) HIGHLANDS Pacific says it will take up to a week to return its Kainantu gold mine in PNG to the production levels being achieved prior to last week's forced closure. Full Story... Marengo begins Yandera resource drill-out (Thursday, 25 May 2006) PNG-focused junior Marengo Mining says a resource drilling program at its flagship Yandera copper-molybdenum project in PNG has begun, with an initial resource expected in the second half of the year. Full Story... Porgera investigates cyanide claims (Wednesday, 24 May 2006) MANAGEMENT from the giant Porgera gold mine say they have launched a precautionary investigation into claims that cyanide allegedly stolen from mining companies in the PNG province of Enga is increasingly being used by locals to poison and kill their enemies. Full Story... Flooding at Kainantu stops production (Tuesday, 23 May 2006) PRODUCTION at Highlands Pacific's Kainantu gold mine in PNG is expected to be halted for up to two weeks following the heaviest rainfall ever recorded at the site. Full Story... Good hits at Imwauna for New Guinea Gold (Friday, 19 May 2006) TSX-listed New Guinea Gold says the latest drilling results from its Imwauna gold-silver project in PNG have indicated the possibility of increasing the width of a planned open pit development at the site. Full Story... Simberi firms following new raising (Thursday, 4 May 2006) ALLIED Gold has tapped the equity market for a further $US10 million ($A13 million) in a bid to get its Simberi project in PNG into production by early 2007, taking its total equity raisings since December to $A64.8 million. Full Story... High-grade Tolukuma discovery for Emperor (Friday, 28 April 2006) EMPEROR Mines says underground channel sampling at its Tolukuma gold mine in PNG has uncovered two new bonanza grade vein systems that can be easily incorporated into the current mining plan. Full Story... Landowner groups to begin negotiations on PNG Gas project (Thursday, 27 April 2006) THE coming weeks could prove crucial for the proposed PNG Gas project, with both the PNG Government and landowner groups set to begin discussions over the flow-on of benefits from the multi-billion dollar project. Full Story... Strong quarter for Lihir (Tuesday, 25 April 2006) MAJOR PNG miner Lihir Gold is now capitalised at more than $A4 billion after the company posted a better-than-expected result for the March quarter on Monday. Full Story... BDI moves towards million-ounce mark (Wednesday, 19 April 2006) BDI Mining is creeping closer to the magic million-ounce mark at its Woodlark Island gold project in Papua New Guinea after adding a further 225,000 ounces to the resource base. Full Story... Mining resumes at Kainantu (Tuesday, 18 April 2006) MINING at Highlands Pacific's Kainantu operation in PNG has resumed just four days after the Brisbane-based gold miner was forced to shut down the mine following a significant security threat. Full Story... Angry landholders force suspension of Kainantu operations (Thursday, 13 April 2006) A SIGNIFICANT threat to security has forced new PNG gold miner Highlands Pacific to suspend all operations at its Kainantu mine. Full Story... 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