mineral concessions for lease in papua new guinea

  • Stamp DutyInternal Revenue Commission

    Stamp duty (duty) in Papua New Guinea is payable on the transfer agreement for sale declaration of trust over or grant of certain property. The transfer of the sub-lease K25.00 or if it is a new sub-lease K10.00 There is also a concession given to Papua New Guinean citizens on the purchase of a property for their personal occupation

    Get Price
  • No. 3 of 1996. Mineral Resources Development Company Pty

    Mineral Resources Development Company Pty Limited (Privatisation) 1996 s. 2.3(c) the Act is also hereby expressed to be made in the national interest and (d) the undertaking of the obligations of the State MRDC or the Company as the case may be in relation to each such taking or acquisition under

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  • Court Ruling Denies Chinese Miner s Rights to Keep Running

    Sep 30 2020 · What s new A court in Papua New Guinea has dismissed the third application by Barrick Niugini Ltd. (BNL) to review the government s previous decision not to extend the lease of the Porgera gold mine to the joint venture between Chinese Zijin Mining Group Co. Ltd. and Canadian Barrick Gold Corp. according to a statement issued Wednesday by BNL.

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  • No. 3 of 1996. Mineral Resources Development Company Pty

    Mineral Resources Development Company Pty Limited (Privatisation) 1996 s. 2.3(c) the Act is also hereby expressed to be made in the national interest and (d) the undertaking of the obligations of the State MRDC or the Company as the case may be in relation to each such taking or acquisition under

    Get Price
  • Barrick Gold challenges nationalization of Porgera mine

    Barrick Gold Corp. ABX-TSX GOLD-NYSE is vowing to challenge the purported grant of a special mining lease for the Porgera gold mine in Papua New Guinea to a government-owned company. The Porgera Joint Venture is an open pit and underground gold mine located at an altitude of 2 200-2 600 metres in the Enga Province of Papua New Guinea about 600 km northwest of Port Moresby.

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  • List of Mining Projects and Companies in Papua New Guinea

    Mining Companies in PNG PNG has a portfolio of mining projects spread across the country. The large projects dominate Barrick Gold s Porgera gold mine Ok Tedi copper mine Newcrest s Lihir gold mine and most recently Newcrest-Harmony s Hidden Valley gold mine and MCC s Ramu nickel-cobalt project.

    Get Price
  • List of Mining Projects and Companies in Papua New Guinea

    Mining Companies in PNG PNG has a portfolio of mining projects spread across the country. The large projects dominate Barrick Gold s Porgera gold mine Ok Tedi copper mine Newcrest s Lihir gold mine and most recently Newcrest-Harmony s Hidden Valley gold mine and MCC s Ramu nickel-cobalt project.

    Get Price
  • Papua New Guinea government to take control of Barrick s

    Papua New Guinea s government will take control of the Porgera gold mine after refusing to extend Barrick Niugini s special mining lease (SML) over the facility. Papua New Guinea Prime Minister James Marape refused the extension citing environmental concerns reported Reuters.

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  • Mining in Papua New Guinea New Horizons for 2019

    Mining in Papua New Guinea New Horizons for 2019. It s been an interesting year for the Papua New Guinea mining industry. A leadership shakeup coupled with looming mining law changes has given the country a lot to celebrate. Mining and petroleum is an integral contributor to Papua New Guinea s (PNG s) economy.

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  • Pacific Battle Over Gold Mine Ends With Barrick Stake Deal

    Oct 15 2020 · Papua New Guinea s push for greater sway over its own mineral wealth scored a win with Barrick Gold Corp. agreeing to a deal that will see the

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  • Grasberg mineWikipedia

    The Grasberg mine is the largest gold mine and the second-largest copper mine in the world. It is located in the province of Papua in Indonesia near Puncak Jaya the highest mountain in Papua has 19 500 employees. It is mostly owned by Freeport-McMoRan (FCX) which owns 48.74 of PT Freeport Indonesia (PT-FI) the principal operating subsidiary in Indonesia including 9.36 owned through

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  • PNG stops P nyang gas agreement negotiations with

    The Government of Papua New Guinea has halted negotiations with ExxonMobil over a gas agreement for the proposed P nyang gas field development in the country s Western Highlands.

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  • Mining in Papua New Guinea New Horizons for 2019

    Mining in Papua New Guinea New Horizons for 2019. It s been an interesting year for the Papua New Guinea mining industry. A leadership shakeup coupled with looming mining law changes has given the country a lot to celebrate. Mining and petroleum is an integral contributor to Papua New Guinea s (PNG s) economy.

    Get Price
  • OperationsK92 Mining Inc.

    The Kainantu Gold Mine is located in the Eastern Highlands Province of Papua New Guinea approximately 180 km west-northwest of Lae. The mine is serviced by a sealed road from Lae to within 8 km of the site and also has grid power from the nearby Yonki Dam hydro-electric scheme. Full-standby power generation is also located on-site.

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  • Special Mining LeaseEMTV Online

    EMTV is Papua New Guinea s oldest and largest television station and has been the country s window to the world for over three decades EMTV offers a free-to-air general entertainment television channel and provides one of the most respected and trusted sources of news and information in the country today.

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  • Chamber welcomes new Mineral Resource Authority Managing

    Jan 19 2019 · Chamber welcomes new Mineral Resource Authority Managing Director. Guidelines for Applying for a Special Mining Lease. industry association that represents the interests of the mining and petroleum industry and associated industries in Papua New Guinea. News Releases. 17 Nov 2020

    Get Price
  • Papua New Guinea government to take control of Barrick s

    Papua New Guinea s government will take control of the Porgera gold mine after refusing to extend Barrick Niugini s special mining lease (SML) over the facility. Papua New Guinea Prime Minister James Marape refused the extension citing environmental concerns reported Reuters.

    Get Price
  • Papua New Guinea Mining NewsJunior Mining Network

    Dec 08 2020 · Papua New Guinea Mining News. December 08 2020 Barrick Gold Serves Notice of Dispute Over Porgera Special Mining Lease . July 06 2020 .

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  • MINE CLOSURE REHABILITATION PAPUA NEW GUINEA

    papua new guinea roger gunson operations mineral resources authority geneva october 2017. regulatory settings no current provisions for mine closure in mining act 1992 exceptionspecific mine legislation for the ok tedi mine has from 2001 a grant of mining lease.

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  • Valuable Gemstones Gem rocks and CrystalsPNG ONLINE

    Papua New Guinea. Location Address Section 31 Allotment 2 Kreer Heights Wewak East sepik Province. Discription Valuable Gemstones Gem rocks and Crystals collection and selling. Currently I have a range of gemstones and gemrocks gemboulders. I also

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  • Approvals and regulation in Papua New GuineaAusIMM Bulletin

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  • Mineral Resources Authority of Papua New Guinea

    The Mineral Resources Authority (MRA) of Papua New Guinea provides all the information you require on the Minerals Sector in PNG. The Authority is a Government Agency and all functions executed are on behalf of the Government of PNG.

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  • Papua New GuineaNestlé

    17 Government of Papua New Guinea (GoPNG) 2010 Climate compatible development for Papua New Guinea. Port Moresby Papua New Guinea. 18 Shearman P. and Bryan J. 2011 A bioregional analysis of the distribution of rainforest cover deforestation and degradation in Papua New Guinea. Australian Ecology 36(1) 9-24.

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  • Taxation of resource projects in Papua New Guinea

    Deep sea mining continues to be a possibility with the work done by Nautilus Minerals at various sites in waters adjacent to PNG resulting in the issue of a mining lease. Income tax incentives introduced in the past decade continue to be a factor driving exploration activity in PNG.

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  • No. 3 of 1996. Mineral Resources Development Company Pty

    Mineral Resources Development Company Pty Limited (Privatisation) 1996 s. 2.3(c) the Act is also hereby expressed to be made in the national interest and (d) the undertaking of the obligations of the State MRDC or the Company as the case may be in relation to each such taking or acquisition under

    Get Price
  • Newcrest PanAust in firing line of PNG mining overhaul

    Jul 16 2018 · Mineral exploration in Papua New Guinea. These included projects approaching maturation tax concessions low prices PNG LNG and Lihir the gold mine owned by Newcrest accessing accelerated

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  • The impact of COVID-19 and policy measures undertaken in

    The contraction in global growth is adversely affecting Papua New Guinea (PNG) economy with growth expected to be lower in 2020. Given this environment and the future low growth scenario the Bank of PNG (BPNG) announced policy and regulatory measures on 30 March 2020 aimed at providing liquidity payment and monetary system amid the potential

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  • Barrick deal with Papua New Guinea over disputed Porgera

    Oct 16 2020 · Papua New Guinea Prime Minister James Marape left stands with Barrick Gold CEO Mark Bristow in Port Moresby Papua New Guinea on

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  • Stamp DutyInternal Revenue Commission

    Stamp duty (duty) in Papua New Guinea is payable on the transfer agreement for sale declaration of trust over or grant of certain property. The transfer of the sub-lease K25.00 or if it is a new sub-lease K10.00 There is also a concession given to Papua New Guinean citizens on the purchase of a property for their personal occupation

    Get Price
  • Papua New Guinea Mining NewsJunior Mining Network

    Dec 08 2020 · Papua New Guinea Mining News. December 08 2020 Barrick Gold Serves Notice of Dispute Over Porgera Special Mining Lease . July 06 2020 .

    Get Price
  • Chamber welcomes new Mineral Resource Authority Managing

    Jan 19 2019 · Chamber welcomes new Mineral Resource Authority Managing Director. Guidelines for Applying for a Special Mining Lease. industry association that represents the interests of the mining and petroleum industry and associated industries in Papua New Guinea. News Releases. 17 Nov 2020

    Get Price
  • OperationsK92 Mining Inc.

    The Kainantu Gold Mine is located in the Eastern Highlands Province of Papua New Guinea approximately 180 km west-northwest of Lae. The mine is serviced by a sealed road from Lae to within 8 km of the site and also has grid power from the nearby Yonki Dam hydro-electric scheme. Full-standby power generation is also located on-site.

    Get Price
  • GUINEA MINING OUTLOOK

    Papua New Guinea. • Government type Secular Republic • Head of State Pr Alpha Condé (first elected in 2010) •Guinea mineral resources also include cement salt diamonds graphite iron ore limestone Mining concessions can be transferred sold or used as collateral. Also

    Get Price
  • Mineral Resources Authority of Papua New Guinea

    The Mineral Resources Authority (MRA) of Papua New Guinea provides all the information you require on the Minerals Sector in PNG. The Authority is a Government Agency and all functions executed are on behalf of the Government of PNG.

    Get Price
  • Economy of Papua New GuineaWikipedia

    Petroleum mining machinery and aircraft have been the primary U.S. exports to Papua New Guinea. In 1999 as mineral exploration and new minerals investments declined as did United States exports. Crude oil is the largest U.S. import from Papua New Guinea

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  • List of Mining Projects and Companies in Papua New Guinea

    Mining Companies in PNG PNG has a portfolio of mining projects spread across the country. The large projects dominate Barrick Gold s Porgera gold mine Ok Tedi copper mine Newcrest s Lihir gold mine and most recently Newcrest-Harmony s Hidden Valley gold mine and MCC s Ramu nickel-cobalt project.

    Get Price
  • GUINEA MINING OUTLOOK

    Papua New Guinea. • Government type Secular Republic • Head of State Pr Alpha Condé (first elected in 2010) •Guinea mineral resources also include cement salt diamonds graphite iron ore limestone Mining concessions can be transferred sold or used as collateral. Also

    Get Price