The Cook Islands and the United States have agreed to strengthen cooperation on scientific research and the responsible development of seabed mineral resources, marking a significant milestone in their partnership as the Pacific nation celebrated its 60th anniversary of self-government on 4 August. The joint announcement reflects the shared recognition...
The Solomon Islands has taken a major step toward transforming its economy with the launch of the Goldridge Mine Processing Plant Expansion Project, a multi-billion-dollar investment expected to boost national revenue, create thousands of jobs and deliver lasting benefits for landowners and communities. Speaking at the groundbreaking ceremony in Centra...
The Kingdom of Tonga and The Metals Company’s (TMC) subsidiary Tonga Offshore Mining Ltd. (TOML) have signed a revised sponsorship agreement aimed at strengthening Tonga’s stake in the future development of seafloor mineral resources. The new pact updates the terms of their 2021 agreement ensuring that Tongans will continue to receive financial benefit...
A new global survey of mining executives has delivered a sobering outlook for Oceania, with several Pacific jurisdictions pegged at the lower end of global investment rankings despite their untapped mineral wealth. The Fraser Institute’s 2024 Annual Survey of Mining Companies, which assessed 82 jurisdictions based on geological potential and government...
Canadian miner Lion One Metals Ltd. posted a strong quarter with record performance and C$16.3 million (US$11.9 million) in revenue from its Tuvatu Gold Mine in Fiji, supported by higher gold prices, increased recoveries and strong mill output. In a quarterly update, the Vancouver-based firm said it sold 3,577 ounces of gold and 1,233 ounces of silver ...
Port Moresby – Australian gold miner St Barbara is reporting encouraging results from its recent drilling efforts at its Simberi operations in Papua New Guinea, where the company has found more gold mineralization and sulphide-rich rock directly beneath existing open-pit mines. The new discoveries come from a large-scale drilling programme aimed at ext...
PORT MORESBY — Ok Tedi Mining Limited (Ok Tedi) is pleased to announce it has received clearance from Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) for its purchase of the Misima Gold Project from Kingston Resources Limited (Kingston). This approval completes all conditions precedent required to finalise the transaction. On ...
Canadian firm K92 Mining Inc. has reported a solid second-quarter performance for 2025, producing 34,816 ounces of gold equivalent (AuEq) and initiating commissioning of its new 1.2 million tonnes-per-annum (Mtpa) Stage 3 Process Plant at the Kainantu Gold Mine in Papua New Guinea. The Q2 output represents a 43% jump compared to the same period in 2024...
The blockade of the Népoui mining site in New Caledonia, which began on Monday, June 30, is now being lifted, signalling a significant breakthrough in talks between Société Le Nickel (SLN) and the customary authorities of the Ouaté tribe. The lifting of the blockade follows discussions initiated in recent days and reflects SLN’s willingness to reopen d...
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