Recommissioning Starts As Porgera Prepares To Resume Operations in 2024

TORONTO - Barrick Gold Corporation reported that following the formal completion of the Porgera Project Commencement Agreement, work has started on the recommissioning of the Porgera gold mine in Papua New Guinea, which has been in care and maintenance since April 2020. This work is expected to be completed soon, paving the way for mining and processing to restart in the first quarter of 2024.

President and CEO, Mark Bristow, said, “The mine’s new ownership structure was in line with the company’s host country partnership business model.”