Papua New Guinea government to take ... - Mining Technology

The special mining lease for the Porgera gold mine was first approved in 1989. Marape was quoted by the news agency as saying: "We are now going through transitional arrangements and once the transition phase has been completed, then the state will enter into owning and operating the mine.

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Guinea: New Law on Mining in the Offing | Global Legal Monitor

(Apr. 28, 2011) On April 26, 2011, Reuters reported that the Government of the Republic of Guinea is gearing up to issue a new mining law (hereinafter the draft Code) which, among other things, seeks to substantially increase the government's stake in mining projects in the country, tighten application procedures for mining concessions, give tax breaks to mining companies, and create a development fund.

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Guinea Diamond Mining News Monitoring Service & Press Release

Predictive Discovery begins next phase of diamond drilling at Bankan Gold Project in Guinea. With $14 million cash in the bank as 2020 draws to a close, the company is well funded to carry out an aggressive drill campaign at its Bankan Gold Project with the key objective to deliver a maiden JORC resource by mid-2021.

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Australians do not want to be Google’s ‘guinea pigs’ in news

Jan 20, 2021 · A majority of Australians oppose Google‘s “disturbing” news experiments in which the tech giant buried news links, new research has found. The Centre for Responsible Technology surveyed a

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Guinea boosts power output to foster bauxite refining

CONAKRY (Reuters) - Guinea expects to boost its energy production capacity by nearly four-fold over the next six years as it pushes mining companies to refine their bauxite output locally, the

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Rights group accuses mining giant Rio Tinto of violations in

The Human Rights Law Centre published a report Wednesday accusing mining giant Rio Tinto of human rights violations on the island of Bougainville in Papua New Guinea. The mine was abandoned by Rio Tinto in 2016 without any effort to assist in the cleanup or closure of the mine.

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Guinea | Extractive Industries Transparency Initiative

Jan 25, 2021 · The main minerals produced in Guinea are bauxite, gold and diamonds. Information from EITI reporting companies show that the bauxite that is produced in Guinea is mainly destined for export. There also exists significant reserves of iron and nickel. Guinea is a not an oil and gas producer and the upstream sector is still in its infancy.

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Australian-based company’s PNG mine could pose big

Jun 16, 2019 · Papua New Guinea has a chequered mining history, including an environmental disaster when the BHP Ok Tedi copper mine’s tailings dam failed

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Swiss Court to Rule in Steinmetz Trial Over Guinea Mining

Jan 21, 2021 · Swiss Court to Rule in Steinmetz Trial Over Guinea Mining Deal By Reuters , Wire Service Content Jan. 21, 2021 By Reuters , Wire Service Content Jan. 21, 2021, at 6:02 p.m.

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PNG's Ok Tedi Mine suspends operations to control COVID-19

Ok Tedi Mining Limited (OTML) advises that it is suspending operations to protect its workforce, communities and operation from COVID-19. In light of the recent surge in COVID-19 cases at the mine site and in Papua New Guinea, OTML will temporarily suspend operations for 14 days as of Friday March 19th to stop further transmission of the virus within its operations.

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Graphite Mining News And Commentary Mining

Graphite Mining News And Commentary Mining . Inicio; Graphite Mining News And Commentary Mining

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Mining News

Mar 11, 2021 · A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

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Understanding the Precautionary Principle

Understanding and Applying the Precautionary Principle to Deep Sea Minerals Mining in the Pacific Islands Region: A Socio-cultural and Legal Approach Summary Niue, Palau, Papua New Guinea, Tonga, Samoa, Solomon Islands, Tuvalu, Vanuatu, and Timor Leste,

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Guinea: Mining Tycoon Steinmetz On Trial Over Guinea

Mining tycoon Beny Steinmetz has appeared in a Geneva court where he is facing trial for allegedly paying bribes to win lucrative mining rights in Guinea. Swiss prosecutors accuse Israeli-French

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New book published on bauxite mining in Guinea - Aluminium

New book published on bauxite mining in Guinea. November 11, 2019. 2019 news, News, Reports. A new book on ‘Regime Stability, Social Insecurity and Bauxite Mining in Guinea’ by Dr Penda Diallo has been published by Routledge. This book explores how bauxite mining has affected local and national political dynamics in Guinea over the past fifty-five years, providing an overview of mining’s interactions with

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Papua New Guinea: Opposition growing to disposal of mining

Sep 09, 2020 · Opposition to the disposal of mining waste in the ocean is growing in Papua New Guinea's Morobe province. Companies behind the proposed Wafi-Golpu gold and copper mine near Lae plan to pump mine tailings into the Huon Gulf, a process they call Deep Sea Tailings Displacement (DSTD). The former governor of Papua New Guinea's Morobe province, Keely Naru [said that] the mining companies

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Barrick looking to reopen Porgera gold mine in Papua New Guinea

Jointly owned by Barrick Gold and China-based Zijin Mining, Barrick Niugini owns a 95% stake in the Porgera JV that owns the Porgera gold mine. The remaining 5% stake is owned by Mineral Resource Enga, a consortium between the Enga provincial government (2.5%) and the Porgera landowners (2.5%).

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Predictive explodes on Guinea gold hits

Predictive explodes on Guinea gold hits the most comprehensive source of mining industry news and information on global commodity price movements and trends. Most popular. Exclusive METS sector investment news, commentary and analysis; Opinion pieces, and company and market analysis, by Australia's top mining columnists

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U.S. jails former Guinea mining minister for laundering

Aug 28, 2017 · A New York banker who served as mining minister of the West African country of Guinea was jailed seven years Friday for laundering bribes from Chinese companies. Mahmoud Thiam, 50, an American citizen, took $8.5 million from executives of China Sonangol International Ltd. and China International Fund SA (CIF) in exchange for valuable mining rights.

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Bauxite Mining in Guinea: Mine Communities between Anger and

Nov 30, 2017 · Mining has been ongoing in Guinea since colonial rule. However, Guinea has witnessed a significant increase in mining activities over the last decade, specifically bauxite mining. Guinea has the largest bauxite reserves in the world. Such reserves are located in Boké, North West of Conakry. This region has become an Eldorado in less than five

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Violence erupts at K92 Mining gold mine in Papua New Guinea

K92 Mining Inc. reported that a group of landowners, unhappy about mine related opportunities, entered its Kainantu gold mine in Papua New Guinea and damaged mining equipment Aug. 24. With "major damage" to two trucks, a loader, three light vehicles and other underground equipment, the junior gold miner said it expects that mining operations

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Analysis: amendments to Papua New Guinea's Mining Act and

Jul 01, 2020 · On 10 June 2020, the Parliament of PNG passed the Mining (Amendment) Bill 2020 (the Mining Amendments) and the Oil and Gas (Amendment) Bill 2020 (the O&G Amendments).. The Bills amend the Mining Act 1992 and the Oil and Gas Act 1998 respectively. The amendments will become operative upon certification by the Speaker of Parliament.. The Mining Amendments introduce a ‘live

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Guinea: Bauxite Mining Boom Threatens Rights | Human

Oct 04, 2018 · Guinea’s fast-growing bauxite mining industry is threatening the livelihoods of thousands of Guineans. Mining has destroyed ancestral farmlands, damaged water

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Mining industry news & commentary - Just Digging: a Mining

The Russians were right. Guinea is seeking to double its share in mining projects to bring it to at least 30 per cent. It is however taking 20% in Rio Tinto, Chinalco and the IFC’s Simandou iron ore project. Mining Weekly. Mongolia is implementing a law regulating nuclear energy.

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Safe Bauxite Mining in Guinea | Job Report | Wirtgen

Guinea: Bauxite mining with surface miners maximizes profitability. West African Guinea is known for possessing the largest reserves of high-quality bauxite in the world. This potential has prompted the country to continually expand its bauxite mining sector in recent years, making substantial investments. WIRTGEN surface miners are playing a decisive role in this development process, as many of the

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