PORT MORESBY, PAPUA NEW GUINEA (PNG) – SATURDAY 17 OCTOBER, 2020: Barrick (Niugini) Limited (“BNL”), the majority owner and operator of the Porgera gold mine in Papua New Guinea, offers the following update and clarification on the status of negotiations between BNL and the PNG Government to reach agreement on a mutually acceptable solution that would enable the reopening of Porgera mine at the ea...

Joint Media Statement Positive Discussion between State and Barrick towards re-opening of Porgera Gold Mine Prime Minister James Marape, together with Enga Provincial Governor Sir Peter Ipatas, met with Barrick Gold CEO Mark Bristow today in Port Moresby to discuss the terms of the re-opening of the Porgera Gold Mine. Speaking in Port Moresby late today, Prime Minister Marape indicated that he was...

The World Gold Council, the market development organisation for the gold industry, has welcomed Zijin Mining to its Board of Members. Zijin Mining Group Co., Ltd. is a multinational mining group principally engaged in the  exploration and mining of gold, copper and other mineral resources. The company has a dual listing in Hong Kong Stock Exchange and Shanghai Stock Exchange. Zijin Mining ranked 7...

BEIJING, June 12 (Reuters) - China's Zijin Mining said on Friday it would acquire Guyana Goldfields for C$323 million ($238 million), bringing an end to a protracted takeover battle for the Canada-listed gold miner. Toronto-based Guyana Goldfields announced on June 3 that it had received a binding proposal from an unnamed overseas-based miner to acquire the company, valuing it around 35% higher th...

KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX:IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced today that underground development at the Kakula Copper Mine continues to advance ahead of schedule with more than 15.4 kilometres now complete, which is 4.7 kilometres ahead of plan. In May, the mining team set its fifth consecutive monthly development record o...

TORONTO, CANADA ‒ Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced its financial results for the quarter ended March 31, 2020. Ivanhoe Mines is a Canadian mining company advancing its three mining projects in Southern Africa: the Kamoa-Kakula copper discovery in the Democratic Republic of Congo (DRC); the Platreef palladium-platinum-nickel-copper-gold-rhodium discovery in South Africa; and the ext...