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"Mining"
The US$1.5 billion Ramu Nickel project is set to go ahead in 2012.
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OK Tedi Mining Ltd is plans to keep mining until 2022 instead of the planned shut down in 2014
This is because of the discovery of another ore-body within the mine area that could extend the mine life by another seven years.
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A limestone mining feasibility project has been launched in Chimbu recently. The Chimbu Administration has engaged a firm to investigate mining of large limestone deposits in Chuave, Sinasina, Yongumugul, Kundiawa, Gembogl and Kerowagi.
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Everest Remediation Limited will conduct a feasibility study of the commercial value of treating waste at the Tolukuma Gold Mine in Central Province after signing a deal with Petromin PNG Holdings Ltd.
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Rare Earth Minerals in PNGGeovic Mining Corporation (US) is in the country to explore for Rare Earth minerals. The company has an exploration licence for two years in the Morobe province.
Geovic Founder William Buckovic believes PNG could have commercially extractible deposits of these minerals which they hope to find. Currently, China is the [...]
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