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Barrick reaches agreement with PNG to reopen Porgera

BARRICK Gold and the Papua New Guinean government have signed an agreement to resume operations at the Porgera mine “as soon as possible” after almost three years of suspension – with sights set on average production of 700,000oz per year.

 Barrick CEO Mark Bristow and PNG PM James Marape

Barrick CEO Mark Bristow and PNG PM James Marape

"It's been a long journey but in the process we have secured the buy-in of all the stakeholders," Barrick president and chief executive Mark Bristow said from Port Moresby on Friday. "For Barrick, the...

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