http://www.barrick.com
gold, silver, Camp, FiFo
Phone:
Address:
PO Box 484, Mt hagen, PNG,
State: PO Box 484, Mt hagen, PNG,
Email:
In 2004 the Porgera gold mine, located in the Enga Province, in Papua New Guinea's highlands, 600 kilometres north west of Port Moresby and 130 kilometres west of Mount Hagen, produced one million ounces of gold at a cost of $192 an ounce. It is accessed by plane and road 680 kilometres from the nearest port at Lae. By 2009 the production cost per ounce had risen to $515. At that time it employed 2,500 direct employees and 500 contractors and had the reputation of being one of the world's top ten producing gold mines. In 2013 Barrick Gold's share of gold from the venture amounted to 482,000 ounces, at a cost of $1,294.00 an ounce. The company's share of the proven and probable gold reserves at the mine at the end of December, 2013, stood at 3.1 million ounces.