Newcrest Mining (NM-T, NCM-A), joining a growing list of miners that have been rattled by the recent dip in commodity prices amidst escalating costs, intends to slam the brakes on spending and swallow up to A$6 billion ($5.8 billion) in…
The Prospectors & Developers Association of Canada (PDAC) handed out its annual awards at a gala during its eighty-first annual convention in Toronto this month. Award recipients were honoured for outstanding contributions and excellence in…
PORT MORESBY, PAPUA NEW GUINEA — Rising out of the sea at the collision of the Pacific and Indo-Australian tectonic plates, Papua New Guinea is the stuff of legend for both its geological potential and punishing working environment.
Alder Resources’ (ALR-V) chairman Don Dudek and CEO Joseph Arengi, who were persistent in pursuing the past-producing copper-gold-silver Rosita project in northeast Nicaragua, are hoping their perseverance will soon pay off with a big…
Newcrest Mining (NM-T) has reopened its Lihir gold mine in Papua New Guinea (PNG) after briefly suspending operations, just as it outlines the potential of Golpu, another major PNG project.On Aug. 28 the gold miner — Australia’s…
VANCOUVER — Newcrest Mining (NM-T, NCM-A) has reopened its Lihir gold mine in Papua New Guinea (PNG) after a brief suspension of operations, just as it outlines the potential of Golpu, another major PNG project.
When Xstrata (XTA-L) put its share of the US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the country — especially given…
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