PRECIOUS METALS

Barrick clearing way for Porgera restart

Papua New Guinea Governor-General Bob Dabae granted a special mining lease to New Porgera Limited on Friday, an essential step toward the restart of Barrick Gold’s gold mine.

Barrick's Porgera mine

Barrick's Porgera mine

The New Porgera mine has been on care and maintenance since April 2020, after the PNG government refused Barrick's application to extend the mine's license by 20 years. Barrick has already signed a...

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