A total of 24 diamond drill holes have been completed at the Simberi gold mine as St Barbara gets its 2024–25 financial year (FY25) drilling program underway.
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The Porgera project’s community development agreement (CDA) is progressing, with four of the six parties initialling the draft after six months of negotiations.
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The Mineral Resources Authority (MRA) is committing K700 million ($2.6 million) in infrastructure development funding to help resettle Porgera landowners.
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Barrick Gold, through its subsidiary New Porgera Limited (NPL) is working with the United Nations (UN) and Enga Provincial Government (EPG) to assist with humanitarian aid in Porgera Valley.
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A proactive safety strategy and a flexible balance sheet led the way for some strong results out of the 2023–24 financial year (FY24) for Harmony Gold.
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The Porgera gold mine has met or exceeded its targets since resuming mining in December 2023, with gold production for the first half of 2024 above guidance.
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