PNG committed to help resource companies advance projects
The Papua New Guinea government is committed to work with the mining industry to advance key resources projects, including the Frieda River copper/gold project and the Wafi-Golpu gold project, Prime Minister Peter O’Neill said this week. ASX-listed Highlands Pacific and Guangdong Rising Asset Management are developing the Frieda River project, for which a feasibility study is expected before the end of 2015. Print Send to Friend 0 0 The project concept to date has been based on an average processing rate of 30-million tonnes a year, producing on average 125 000 t/y of copper in concentrate and 200 000 oz/y of gold in concentrate over a 20-year mine-life.