Barrick (GOLD) Aims to Restart Porgera Gold Mine in 2021

June 11, 2021 / dlvr.it / Article Link

Barrick Gold Corporation GOLD recently announced that the framework agreement between the Papua New Guinea ("PNG") government and operator Barrick Niugini Limited ("BNL") took a major step forward to restart the Porgera gold mine. The deal provides that the Porgera mine will be owned by a new joint venture held 51% by PNG stakeholders and 49% by BNL. Per the terms, BNL will continue as the operator. The company stated that in aligning its...Read full news

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