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Barrick, PNG sign deal to reopen Porgera

Barrick Gold and Papua New Guinea have signed a new agreement to resume operations at the Porgera mine “as soon as possible” after almost three years of suspension – with sights set on average production of 700,000oz per year.

Barrick, PNG sign deal to reopen Porgera Barrick, PNG sign deal to reopen Porgera Barrick, PNG sign deal to reopen Porgera Barrick, PNG sign deal to reopen Porgera Barrick, PNG sign deal to reopen Porgera

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"It's been a long journey but in the process we have secured the buy-in of all the stakeholders," Barrick president and chief executive Mark Bristow said.