China’s Zijin wins race for Serbia’s largest copper mine | MINING.com Cecilia Jamasmie | Aug. 31, 2018, 4:05 AM | Serbia has picked a Zijin Mining, China's largest gold miner and one of the country’s top copper producers, to take over its debt-hit copper mining and smelting complex RTB Bor, Minister of Mines and Energy Aleksandar Antic said on Friday. The $1.26 billion-deal, which gives Zijin a 63% stake in the asset, marks the latest expansion of Beijing’s economic footprint in the Balkan region. China views Serbia as part of its One Belt, One Road initiative, wh... ----------------------------- Don't Forget Subscribe: https://www.youtube.com/channel/UCuAn8Nli1IeWZjZ5r6Jjczw?sub_confirmation=1
Views: 600 RO News
A 298 million US dollars deal between Barrick Niugini Limited and Chinese Mining Company Zijin Mining has been questioned by the Porgera Justice Foundation. Chairman, Jonathan Paraia said they are concerned with the Chinese company acquiring 50% of shares in the Porgera Joint Venture, as they are yet to acquire reports if Zijin mining is a registered foreign company operating in PNG. Paraia said they have written to the Investment Promotion Authority in July this year, but are yet to receive any formal notice. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 192 EMTV Online
Bahay Pangarap, Malacañang 15 October 2009 President Gloria Macapagal Arroyo met with the top executives of Zijin Mining Group, one of the largest gold producers in China, and the Nihao Mineral Resources International Inc. led by its Chief Operating Officer Jose Francisco Miranda. The president welcomed their interest to invest in the Philippines but gave the advice to first check on issues raised by the local communities, as the government espouses responsible mining. The group is looking for certain areas in Mindanao for its pilot project especially this time when the price of gold is at an all time high, according to Miranda.
Views: 669 RTVMalacanang
Zijin Mining Group Company Limited Senior Vice President George Fang took the time to speak with SmallCapPower at the recent Mines and Money Americas conference, and described why China’s largest mining company is interested in global mining gatherings and how its business operates. He also talks about why the Democratic Republic of the Congo (DRC) is a good destination for the mining business.
Views: 344 SmallCapPower
Barrick Gold Corporation recently announced a strategic partnership with a leading Chinese mining company, Zijing Mining Group. Zijing will acquire 50 percent of Barrick (Niugini) Limited, which is the majority owner and manager of the Porgera Joint Venture gold mine in PNG. Barrick Chairman, John L Thornton, said a 21st century mining company with the intention to become a global industrial leader, must have a distinct relationship with China... - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 390 EMTV Online
The Wardens Hearing was conducted by Mineral Resources Authority on the 27th of September 2018 in relation to Exploration Licenses; EL454 & EL858. The affected people of Porgera objected to this application. This video highlights the events on the 27th September.
Views: 282 Frederick Ipara
Landowner factions in the Porgera Mine operation have questioned the recent mine warden hearing in Paiam. They say the Mineral Resource Authority must follow procedures with proper consultation with landowners before a final decision for the exploration license is granted. The leaders say developer Barrick has not done enough in elevating the lives of people, but has caused destruction and pain to the people and environment.
Views: 258 EMTV Online
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Views: 57 Why Invest In
Host Hong Jiang speaks with Alex Golub (Associate Professor of Anthropology, UH-Manoa) about the impact of mining expansion in the Pacific.
Views: 692 ThinkTech Hawaii
Barrick Niugini Ltd, the operator of Porgera Mine has been discharging tailings & other mine waste into the river systems and surrounding villages within the Special Mining Lease. The tailings consists of a number of toxic chemicals such as Cyanide, Mercury, Lead and Chromium et. This video highlights snapshots of the significant environmental & social destruction created by the mining activities of Barrick.
Views: 425 John Ondalane
Majority of landowner clans in the Porgera Mine have opposed the application by Barrick Gold Limited for the renewal of its exploration license. The landowner groups expressed their frustration during the 3rd Mine Warden Hearing yesterday in Paiam. Many say commitments in the first agreement remain outstanding among other issues like environment damage and proposed township plan. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 580 EMTV Online
Four members of the Ipili tribe of Porgera in Papua New Guinea (PNG), at a news conference in Ottawa, demanding that Barrick Gold address serious human rights abuses and environmental destruction (related to Barrick's Porgera Joint Venture gold mine) and promoting Bill C-300 on corporate social responsibility - recorded in Ottawa by Ish Theilheimer for Straight Goods News, on May 5, 2010.
Views: 1949 StraightGoodsNews
Shows a Rotary club project in action in Papua New Guinea. During a monitoring visit to Porgera High School November 2009 Rodney Ingersoll asked teachers whats needed to help staff and students. Trip was organised to scope out future projects and pin point areas of need. Its unfortunate that the education system of PNG has no funds for infrastructure repairs. - Rod Ingersoll
Views: 553 Kapulfilms
The National Doctors Association is calling for immediate discipline of a member of the PNG Defense Force, after a doctor was brutally attacked in Port Moresby’s North Waigani. President of the PNG Doctors’ Association, Dr. James Naipao, says the particular officer must be disciplined. The National Doctors’ Association has given 10 days to police and the PNG Defense Force to establish investigations, and for justice to prevail. visit us at http://www.emtv.com.pg/ for the latest news...
Views: 164 EMTV Online
Chairman of the Porgera Justice Foundation, Jonathan Paraia has appealed to the Porgera Landowners Association and Porgera gold developers Barrick Gold Limited to put aside their differences and release funds for the Porgera Children Trust Fund. The Porgera Trust fund was set up under the Porgera Mining Agreement. In that agreement, 10% of landowner’s loyalties are put into the trust fund as school fee subsidies for every child under the special mining lease (SML) landowners group. However, for almost two years, funds have been blocked between the mine developer, and the Porgera Landowners Association... visit us at http://www.emtv.com.pg/ for the latest news...
Views: 315 EMTV Online
A first ever anti-corruption workshop was conducted in the Porgera District recently. The workshop educates locals, businesses, and government departments on ways to fight corruption. The training was delivered by a NGO group, the Restoring Justice Initiative Association, and PNG-Australia Law and Justice Partnership (PALJP). - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 39 EMTV Online
http://www.nortongoldfields.com.au/ Norton Gold Fields Limited (Norton or "the Company") is one of Australia's largest domestic gold producers, with annual production of more than 150,000 ounces. The Company has a mining and processing complex in Western Australia's world-class Kalgoorlie gold region, including a highly prospective tenement package of 715km² surrounding the 3.3Mtpa Paddington Mill. The Paddington Operations has gold ore reserves of 1.12Moz and mineral resources of 6.18Moz and a mine life in excess of ten years, with considerable exploration upside from more than 80 known prospects across its tenement package. The Company is well positioned in growing the business with the strong support from its major shareholder Zijin Mining Group Co., Limited. The Company also has the Mount Morgan gold tailings project in central Queensland.
Views: 196 Swiss Resource Capital AG
Over ten thousand students from the Porgera SML Landowner areas will be affected, if royalty funds for school fee are not released. Concerned parents and students, including Lagaip-Porgera MP Nixon Mangape, met today and called on Barrick Niugini Limited to immediately release these funds. They say, the former chairman of the Porgera Landowners Association is serving his personal interests not to allow the processing of the royalties. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 243 EMTV Online
Mr Paraia has urged the National Government not to renew the Porgera Special Mining Lease Agreement. Mr Paraia says landowners demand an investigation into the issuing of water permits by the mining operator. Landowners says severe damages were done but remain unreported.
Views: 65 EMTV Online
Inspector Kambo said following the awareness carried out by the joint forces so far, reports from the Porgera Development Authority has indicated that numbers of illegal miners into the mine pit have dropped drastically... - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 153 EMTV Online
Since 2012, outstanding funds of over K10million have not been released to sustain operational costs of the Paiam General Hospital in Porgera, Enga Province. Apart from the Hospital, other services like town cleaning, maintaining of the public market, water supply and the sewage system are all at risk of shutting down. The Porgera Development Authority (PDA), established 25 years ago by the National Government, has been allocating funds from the National Government into Paiam Hospital. However, inconsistency of funding has accumulated to the now outstanding K10million. The Paiam Hospital requires K4million every year to sustain its operational costs...- visit us at http://www.emtv.com.pg/ for the latest news...
Views: 429 EMTV Online
Safety in the mining operation like the Porgera Gold Mine is better emphasized to employees when the need to be safe is linked to their families back home. Barrick Niugini Limited Executive General Manager PNG Greg Walker reminded Barrick employees at Porgera, who are parents themselves to think about their children in order to be safe at work...- visit us at http://www.emtv.com.pg/ for the latest news...
Views: 245 EMTV Online
Students from the Special Mining Lease at Porgera Mine are petitioning Barrick Niugini Limited over delayed royalty payments. In a news conference today, the Porgera third Generation Youth Association alleged that Barrick has been illegally keeping the funds, which are purposely for school fees. They say, students are now affected, with many suspended and more turned away by education institutions. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 320 EMTV Online
Special Mining Lease Landowner students and parents of Porgera are appealing to responsible agencies to release funds into the Porgera Children’s Trust Fund to pay for outstanding school fees. Their appeal follows years of mismanagement of the Trust Fund that is now affecting thousands of children from Porgera studying in the country and overseas. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 116 EMTV Online
During its weeklong health and safety week this month, awareness on illegal mining, HIV voluntary testing, vaccinations, blood pressure and sugar level checks will be made available to employees. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 143 EMTV Online
An investigation into fraudulent land claims along the Highlands Highway by a private contractor has saved the state millions of kina. In 2014, sub-contractor, James Mara, found over K1.5 million worth of land claims was fraudulent. He is part of a Verification Team set up by the Department of Works to verify genuine landowners along the Laiagaim-Porgera section of the Highlands Highway. Ten kilometres of the 64 kilometre road from Laigaim to Porgera is yet to be verified.- visit us at http://www.emtv.com.pg/ for the latest news...
Views: 214 EMTV Online
There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis. If the calculation is to exclude financial assets the enterprise value is used instead of market capitalization. EVO = Enterprise Value/Ounce = Enterprise Value divided by resources. The enterprise value is the difference between a company's market capitalization and its cash, investments less debt. Three of the 10 largest companies by market cap that engage in gold mining, Fresnillo, Buenaventura and Freeport-McMoran are not included in the first list because they are minor gold producers/most of their revenue comes from a metal other than gold but gold accounted for only 8% of revenue. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 28 Audiopedia
Kineska rudarska kompanija "Zijin Mining Group" dala je najbolju ponudu za tenderu za izbor strateškog partnera Rudarsko topioničarskog basena Bor, saopšteno je u Vladi Republike Srbije. Ukupna ponuda Zijina je gotovo miljardu i po dolara. Produkcija: Radio televizija Bor ( RTV Bor) http://www.rtvbor.rs