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Zijin warns Papua New Guinea of China anger over end of gold mine lease

Zijin warns Papua New Guinea of China anger over end of gold mine lease

By , * Zijin says refusal to renew mining lease could hurt ties* PNG refused to extend mining lease for 20 years on Friday* Zijin, Canada’s Barrick jointly own PNG’s Porgera gold mine* Porgera mining operations suspended over the weekendSINGAPORE/BEIJING, April 29 (Reuters) - China’s Zijin Mining has warned Papua New Guinea that its failure to renew the lease of a gold mine it jointly owns with Barrick Gold Corp there could damage bilateral relations.Papua New Guinea on Friday said it would not renew a 20-year mining lease at its Porgera gold mine, citing environmental damage and social...

April 29, 2020
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reuters.com

reuters.com

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