Barrick Gold said on Friday it welcomed a court ruling ordering the Papua New Guinea (PNG) government to negotiate over a lease extension for the Porgera gold mine.
Prime Minister James Marape recently said that the country would not grant the mine a 20-year operating extension due to environmental damage and social unrest.
The move came as the Pacific nation reviews the terms of resources projects in the country with a view to enlarging its share of the profit from its mineral riches.
Barrick suspended mining operations last weekend, saying it needed to keep workers safe and did not have any formal notification of the decision or details around any transition.