https://www.miningweekly.com
Copper|Gold|Mining|PROJECT|Resources
Copper|Gold|Mining|PROJECT|Resources
copper|gold|mining|project|resources

Harmony hoping to re-engage PNG ‘at earliest opportunity’

Harmony Gold CEO Peter Steenkamp addressing the virtual Gold Forum Americas conference.

Harmony Gold CEO Peter Steenkamp addressing the virtual Gold Forum Americas conference.

21st September 2020

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Gold miner Harmony is keen to re-engage the Papua New Guinea negotiating team “at the earliest opportunity” to secure a special mining lease (SML) for the Wafi-Golpu gold/copper project, which it owns in a joint venture with Australian miner Newcrest Mining.

In an address to the Denver Gold Forum Americas, Harmony CEO Peter Steenkamp reiterated that Wafi-Golpu remained a potential “game changer” for the gold miner.

“We are encouraged by recent statements by the Prime Minister of Papua New Guinea that Wafi-Golpu is a project of national priority to be urgently advanced,” he said.

Harmony and Newcrest have started the permitting process for Wafi-Golpu in 2016. The JV partners had been hoping to secure a mining lease over the major gold and copper deposit in early 2019, before a change in Papua New Guinea’s leadership and a shift in policy led to the project missing initial permitting timelines.

Resources companies are closely watching developments in Papua New Guinea, after Prime Minister James Marape refused to extend gold major Barrick’s SML for its Porgera gold mine. Instead, the lease was granted to a State-owned mining company, Kumul Minerals.

Edited by Creamer Media Reporter

Comments

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.211 0.256s - 110pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: