
Zijin Mining Group and Barrick Gold Corporation announced a joint decision to contribute $1 million in humanitarian aid to assist with relief and reconstruction efforts following the major landslide in the Muliataka region of Enga Province on May 24.
The Papua New Guinea government reported that the landslide, which occurred in the early hours of May 24, resulted in a significant humanitarian disaster. Initial estimates suggest that the death toll may exceed 600. The landslide also damaged the critical Highlands Highway, hampering initial rescue efforts.
In response, New Porgera Limited (NPL), the operator of the Porgera Gold Mine, promptly mobilized to assist with rescue operations. NPL provided an excavator, a bulldozer, and a truck from the mine to help the government clear a makeshift road, contributing to the vital relief efforts. Additionally, five NPL employees actively participated in the relief center, assisting with logistics, inventory, community relations, and media.
To date, NPL has delivered two batches of relief supplies to the affected area, including cash, food, medical supplies, and tarpaulins for temporary shelter. It also sourced eight shipping containers to store relief supplies. NPL will continue to work closely with the Enga provincial government to distribute aid to the valley communities, which rely on the now-impassable Highlands Highway for supplies.
The Porgera Gold Mine, one of Papua New Guinea’s largest gold projects, is wholly owned by New Porgera Limited. The company is 51% owned by the Papua New Guinea government, local landowners, and the Enga provincial government, with Zijin Mining and Barrick Gold each holding a 24.5% interest. Since resuming operations in December 2023, the mine has operated with high efficiency, showing rapid improvements in mineral processing and heap leach recoveries, consistently exceeding production expectations. As the restart progresses, production capacity is expected to continue increasing.
Translator: Li Yuanxing Reviser: JIAN Editor-in-Chief: Wang Jie
Sobre Zijin Mining
Zijin Mining es una empresa líder mundial en el sector de metales y minería, y uno de los mayores productores globales de oro, cobre y zinc. Con más de 30 operaciones y proyectos mineros de gran escala distribuidos en 19 países y 5 continentes, la compañía aprovecha sus sólidas capacidades internas de investigación, ingeniería y desarrollo para mantener una alta eficiencia operacional y bajos costos, tanto en adquisiciones como en operaciones.
Este enfoque le ha permitido consolidarse como referente en la creación de valor, respaldado por su filosofía de desarrollo compartido y sustentado por un desempeño superior en materia ambiental, social y de gobierno corporativo. Las acciones de Zijin cotizan en la Bolsa de Hong Kong (HKEX: 2899) y en la Bolsa de Shanghai (SSE: 601899).
