The Porgera gold mine in Papua New Guinea continues to operate without limitations or restrictions, Barrick Gold Corp (BG) reports. Following the landslide that occurred at the site last weekend, affecting the province where the mine is located and other places.
The landslide at the Porgera Gold Mine
According to local government reports, the landslide in Enga province has buried more than 2,000 people. Also, the difficult terrain limits rescue efforts, which decreases the chances of finding survivors.
In addition, the Porgera mine, a gold mining underground gold mine, is mine, is jointly managed by Barrick Gold, China’s Zijin Mining Group and other Papua New Guinean shareholders. This mine resumed operations at the beginning of this year, after four years of inactivity.
The company also noted in its statement that the Porgera mine is providing assistance to the survivors of the hillside collapse, which occurred 30 kilometers from the mine. It also indicated that it has a 40-day fuel supply for its operations. On the other hand, shares on the BG Exchange experienced a 1% increase on Monday morning on the Toronto Stock Exchange.
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Source: Minning.com
Photo: Barrick Gold
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