Papua New Guinea

DeepGreen closer to mining battery metals from the sea after $150m injection

The Canadian start-up has secured the bulk of the $150 million it needs to carry out its first feasibility studies on how to scoop up small metallic rocks containing cobalt, nickel and manganese from the seabed.

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K92 Mining reports early result from Blue Lake prospect in Papua New Guinea

The company has intersected 175 metres of 0.28 g/t gold at its Blue Lake porphyry prospect in Papua New Guinea.

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30 countries face higher resource nationalism risk — report

On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.

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Barrick’s CEO visits Papua New Guinea to support extension of the Porgera mining lease

“Without the security of an extended mining lease, it would be difficult to justify further significant investments in the mine,” a statement by the Canadian miner reads.

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Bougainville’s $58B gold-copper mine safe for now as Mining Act changes rejected

The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law, said to be aimed at letting a new company extract the island’s riches.

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