Porgera Project Commencement Agreement

Deal Advances Porgera Mine Reopening

The agreement was signed in a ceremony yesterday at Government House by Governor General Sir Bob Dadae on behalf of the State, Barrick Gold President and CEO Mark Bristow, and representatives of Kumul Mineral Holdings Limited and Mineral Resource Enga Limited.

Prime Minister, James Marape reaffirmed the Government’s commitment to the early restart of Porgera Mine with BNL as an equity partner and operator, and promised to ensure that BNL, as the investor, was provided the assurance required to move from care and maintenance to mine recommencement.Â