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St Barbara has reported an 8% quarter-on-quarter increase in gold production from its New Simberi mine, in Papua New Guinea, for the three months ended June 30, with processed tonnes up 19% and mined grade up 12%. Attributable production of 7 329 oz beat guidance, taking full-year output to 48 395 oz, while the mine, jointly owned with Lingbao Gold Group and Kumul Mineral Holdings, sold gold at A$6 314/oz; St Barbara remains debt-free and unhedged.
Harmony Gold frames Papua New Guinea copper push as diversificationHarmony Gold CEO Beyers Nel says the company's growing copper footprint, including its Wafi-Golpu copper/gold project in Papua New Guinea, is not a departure from its 75-year gold history but a deliberate diversification strategy. Wafi-Golpu, in the permitting phase, is described as a "generational asset" with potential to produce about 180 000 t/y of copper and 250 000 oz/y of gold on a 100% basis, with copper expected to reach about 40% of production within a decade.
Papua LNG venture progresses low-carbon plantThe TotalEnergies-led Papua LNG Venture, with ExxonMobil, Santos and ENEOS Xplora, is building a liquefied natural gas plant of about four-million tonnes a year near Port Moresby, fed by the Elk-Antelope gasfields and using electric "E Drive" compressor technology to cut CO₂ emissions.
Papua New Guinea Updates
ASX-listed gold miner St Barbara has reported an 8% increase in gold production from the New Simberi mine, in Papua New Guinea, in the three months ended June 30, compared with the prior quarter....
South Africa-headquartered Harmony Gold Mining Company says its expansion into copper is not a departure from its 75-year history as a gold producer, but a deliberate strategy to diversify its...
Barrick Mining, one of the world's leading gold miners, is weighing a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining seen...
Having reported the death of its CEO Johnny Patterson Auna in August 2025, ASX-listed Bougainville Copper has appointed chairperson Melchior Togolo in his stead in a permanent capacity effective...
JSE-listed Harmony Gold has delivered a solid operating performance for the nine months to March 31, reflecting an excellent third quarter with improvements across all key operational metrics. In...
St Barbara has revised its gold production outlook upwards, to 200 000 oz/y, owing to strong attributable output expected from the project.
ASX-listed gold producer St Barbara has revised upward its gold production outlook to 200 000 oz/y, owing to strong attributable output expected from the New Simberi gold project, in Papua New...
Harmony Gold Mining Company is progressing studies to recover the gold from its Free State tailings dams as well as those that span the West Wits area around its Mponeng gold mine. The Johannesburg...
Australia-listed Pacific Lime and Cement Limited (PLC) has launched a strategic review of its Star Mountains copper/gold project in Papua New Guinea, as the company looks to unlock value from...
ASX-listed junior LCL Resources has agreed a farm-in and joint venture agreement with Rio Tinto over its Ono project in Papua New Guinea (PNG), unlocking up to A$48-million in exploration funding...
Harmony Gold Mining Company is progressing studies to recover the gold from its Free State tailings dams as well as those that span the West Wits area around its Mponeng gold mine. The Johannesburg...
South Africa’s largest gold-mining company Harmony Gold is building a resilient portfolio by investing continuously in its orebodies while growing in copper to protect cash flows through the...
Brisbane-based Pacific Lime and Cement (PLC) has secured its first long-term quicklime offtake agreement, striking a deal with gold and copper major Newmont to supply locally manufactured product...
South African miner Harmony Gold's recently acquired CSA Copper Mine in Australia requires a capital injection and a strategic rethink which could take two years, CEO Beyers Nel said on Monday....
Gold and copper producer Harmony Gold Mining Company has announced that it expects to report a solid financial performance for the six-month period ended December 31, 2025, supported by elevated...
The Pacific island of Bougainville has rejected a partnership with Chinese miner CMOC to reopen a gold and copper mine that was among the world's largest before it was shut by a bloody civil war,...
Indonesian military rescued 18 workers at gold and copper miner Freeport Indonesia that had been surrounded by armed rebels for three days at a company outpost in the insurgency-plagued Papua...
St Barbara has announced a A$370-million investment from China’s Lingbao Gold Group to advance the Simberi expansion project.
Australia's St Barbara on Wednesday announced a A$370-million investment from China's Lingbao Gold Group to advance the development of its Simberi expansion project in Papua New Guinea. Lingbao...
This week we profile Floyd Masemula, deputy CEO, responsible for South African operations, at Harmony Gold Mining Company, a gold mining specialist with a growing copper footprint
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