PanAust is keen to start development of the Frieda River copper gold project, Managing Director Fred Hess told the PNG Mining and Petroleum Investment Conference in Sydney. But he warns there are many obstacles to establishing a mine in such a remote region of Papua New Guinea and the decision has not yet been made to go ahead.
Papua New Guinea’s Frieda River project still faces obstacles, says Managing Director Fred Hess
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14 Dec 2016 by 1 Comment
PanAust looks for ‘social licence’ to operate Frieda River mine in Papua New Guinea
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12 Jul 2016 by 5 Comments
Frieda River, a wholly owned PNG subsidiary of PanAust, has lodged a Special Mining Lease application to Papua New Guinea’s Mineral Resources Authority to develop the Frieda River Copper-Gold Project. Glen Connell, PanAust’s General Manager, Government and Community Relations, tells Business Advantage PNG that developing a ‘social licence’ to operate is just as crucial to the success of the project.
Frieda River ‘one of largest’ undeveloped copper-gold deposits in world, says PanAust
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20 May 2016 by 12 Comments
PanAust has released its feasibility study into the Frieda River mine in Sandaun Province, claiming it is ‘one of the largest undeveloped copper-gold deposits in the world’, with an initial 17-year mine life. The company’s intention is to take a staged approach to development.
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