PNG Mining and Petroleum Conference

Harmony Gold Mine has spent more than K28 million on explorations since commencing operations in 2004 and over time, developed systems and innovative drilling solutions for the mine itself.

Speaking at the PNG Mining and Petroleum Conference in Port Moresby on Wednesday, Harmony Gold’s district geologist, Bernard Kavanamur, presented an overview of the mine’s exploration activities in the country, highlighting that three projects are already underway. These projects include Wafi-Golpu, Kili Teke and Poru in the Ialibu-Pangia district in Southern Highlands Province.

An overview of the different occupational health and safety (OHS) systems managed by the PNG mineral and petroleum industry will also be on the agenda of the PNG Mining and Petroleum Conference.

The event, which alternates between Sydney, Australia, and Port Moresby, is set to kick off at the Stanley Hotel and Suites on November 28.

The three-day conference will feature sessions ranging from mining, oil and gas updates, proposed petroleum developments, exploration and Government initiatives in the resource industry.

The conference provides a comprehensive technical update on PNG’s mining and petroleum industry.

These include new developments, advance prospects, discoveries and exploration as well as economic and social achievements.

The conference also offers an opportunity to meet all players in the PNG mining and petroleum industry, including Government, and for joint venture discussions, networking and promotions.

Prime Minister Peter O'Neill will open the conference with a keynote address focusing on PNG’s economy in a global context.

This is in advance of its plans of moving forward with its plans to commercialise the field.

This was revealed at the recent PNG Mining and Petroleum Conference in Sydney, Australia.

Pasca A is a rich-gas condensate field located approximately 95km offshore from the Gulf Provincial coastline and nearly 100 metres deep.

The Petroleum Prospecting License (PPL) 328 for Pasca A was awarded in October 2011 and an application for a Petroleum Development Licence (PDL) was submitted to the Department of Petroleum and Energy on the June 30, 2015.

The annual Sydney conference will look at the continuous exploration and expansion exercises undertaken by resource companies in PNG.

In a media release PNG Chamber of Mines and Petroleum Executive Director, Greg Anderson, says despite the impact falling global commodity prices has had on the economy there still remains exciting resource prospects.

This is evident in the discovery and appraisal of significant copper-gold prospects in Kile Teke, which is west of Porgera Mine, and in the Star Mountains north of the Ok Ted Mine.