Papua New Guinea's government has reached agreement with Canada-based company Barrick Gold on plans to reopen the Porgera mine.
The Enga province mine closed a year ago when PNG's government denied Barrick and its joint venture partner in Barrick Niugini Ltd, Zijin Mining of China, a renewed mining lease.
After months of difficult negotiations, a deal has been forged between the resource-rich Pacific nation and the forces of global capital, giving PNG majority ownership of the mine.
Johnny Blades reports
Aerial view of the Porgera gold mine. Photo: Zijin Mining
