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Construction

Mayur breaks ground on the pilot plant at its Orokolo Bay Industrial Sands Project

Mayur Resources’ (ASX: MRL) has completed pioneering and site enabling works for the pilot plant at its Orokolo Bay Industrial Sands Project in Papua New Guinea. Construction crew, mobile machinery, and building materials arrived at the site by barge in mid- February 2020 after a two‐day journey from Port Moresby. The company’s first priority was the building of the pioneer wharf and 250m long road to the work camp. A

Geopacific milestone with start of Woodlark Gold project construction

THE next chapter in the historic story of gold mining on Woodlark Island has reached a key milestone with Geopacific Resources Limited commencing construction at the 1.6 million ounce Woodlark Gold Project in Papua New Guinea. This first phase of development, which follows a recent successful A$40 million capital raising, is designed to facilitate project execution in preparation for the construction of the process plant and the completion of project

Chamber says PNG employment and rebound in growth thanks to mining & petroleum

The PNG Chamber of Mines and Petroleum has welcomed a report by the World Bank that has forecasted that new large-scale resource projects could boost Papua New Guinea’s real Gross Domestic Product (GDP) to five percent this year. The World Bank recently released its February 2019 edition of the PNG Economic Update which outlined PNG’s economic situation and medium-term development prospects. The report stated that the country’s medium-term economic outlook