Now Available: Precious Metals Mining in Papua New Guinea to 2020 - a Focus on the Gold Industry

The country's gold mine production was estimated at 2.1 million ounces in 2014, up by 5.1% over 2013. In 2013, production was up by 9% over 2012 due to increased output from the Lihir and Porgera mines. In the previous decade, mine production fluctuated reaching its lowest for the period in 2006 mainly due to a landslide at the Porgera mine.

Report Highlights

* The country's gold mine production was estimated at 2.1 million ounces in 2014, up by 5.1% over 2013.
* Gold is chiefly mined in the Enga province, on Lihir Island and several other locations across the country. The Porgera and Lihir mines are amongst the country's five largest gold mines, the latter having produced 10.4 million ounces of gold during 1997-2013.
* There are numerous upcoming gold projects which are at various stages of development, as well as exploration, such as the Crater Mountain, Tanga Island, Mount Penck and Mount Nakru 1 projects.

Full Report Details at
- http://www.fastmr.com/prod/962892_precious_metals_mining_in_papua_new_guinea_to.aspx?afid=301

Report Scope

The report contains an overview of Papua New Guinea's precious metals (gold) mining industry together with the key growth factors and restraints affecting the industry. Further, it provides information about reserves, reserves by type and province, historic production and production forecast, gold prices, gold exports, demand drivers, competitive landscape and major active, exploration and development projects.

Reasons to Get this Report

Gain an understanding of Papua New Guinea's precious metals (gold) mining industry, the relevant drivers and restraining factors, reserves, reserves by type and province, historic and forecast production, gold prices, demand drivers, competitive landscape and major active, exploration and development projects and the country's fiscal regime.

Companies Mentioned in this Report: Barrick Gold Corporation, Newcrest Mining Ltd

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