PNG Mining August-September 2024

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MOTION: A LASTING LEGACY

Motion has big plans for PNG’s mining industry TRAINING THE FUTURE

Keeping miners abreast of the latest developments RECAPPING THE 2024 PNG EXPO

The premier event closes the doors on another year

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Going beneath the surface

thriving as the country looks to new ways of working to develop its iconic mines.

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THERE IS MORE than meets the eye in the world of surface mining.

The most common mining method used, surface mining maintains exposure to the surface throughout the extraction period.

The advantages of surface mining are far-reaching. Powerful machinery can be used to move large volumes of rock with ease, and equipment is less restricted.

Production is faster, and the lower cost to mine means if lower grades of ore are found, they are more economic to mine.

Surface mining is found all over the world, but perhaps most notably in Papua New Guinea (PNG), which houses some of the world’s largest surface mines.

That’s why the August–September edition of PNG Mining celebrates the nation’s ever-evolving surface mining sector, while celebrating the mines that have put PNG on the map.

Whether its Ok Tedi Mining Limited’s iconic Ok Tedi copper-gold-silver mine and its priority status with the PNG Government, or St Barbara’s Simberi gold mine and its new 10-year plan, the opportunities for miners to make a name for themselves in the world of surface mining is truly endless.

In Motion’s cover story, the company turns our focus to its legacy of operations, taking us on a journey encompassing the company’s truly global operations across its core businesses.

This edition also showcases two major companies making waves in PNG: Harmony Gold and Mayur Resources.

An established gold miner with over 70 years of history, Harmony Gold’s Hidden Valley and Wafi-Golpu projects are two of the most well-known in the country.

Up-and-coming Mayur Resources is hot on the heels of some of the country’s largest miners, steadily progressing its Central Lime Project with backing from investors and the PNG Government.

We also recap the two-day extravaganza that was the 2024 PNG Expo. From July 3–4, the Stanley Hotel in Port Moresby was transformed into a marketplace of ideas, networking and growth as over 500 attendees packed the Kokoda Ballroom.

The 2024 PNG Expo was truly one for the ages, and PNG Mining is already looking forward to being in attendance at the 2025 iteration.

Happy reading.

8 Cover story

The future in Motion Motion has big plans for PNG’s mining industry.

14 PNG Expo

A look back at the 2024 PNG Expo

PNG Mining takes a look at the highlights from the 2024 PNG Expo.

20 Education and training

Keeping the wheels of industry turning Kal Tire trains and certifies technicians across the globe, including in PNG, helping to keep the mining industry moving forward.

22 Finance

Kina to construction Resources & Investment Finance Limited has been supporting the finances of PNG businesses for generations.

24 Sur face mining

On the surface

PNG Mining takes a deep dive into three of the most well-known surface mines in PNG.

32 Showcase

2024 PNG mining and resources industry showcase

54 well-known gold projects in PNG, but the major is showing no signs of slowing down.

56 Commodity spotlight

A splash of lime PNG’s mining industry is well-known for its stockpiles of gold, silver and copper, but lime is steadily making a name for itself.

Bougainville brings back exploration

Island Passage Development (IPD) commenced a new mineral exploration study in Bougainville, the first of its kind since 2001.

A subsidiary of Island Passage Development Canada, IPD joined forces with Isina Resource Holdings (IRHL) to explore 251 square kilometres of a mineral property in south central Bougainville.

This was a milestone for the area, which hasn’t seen large scale exploration activity outside of the special mining lease held by Bougainville Copper since 2001.

“As the recognised owners of our minerals, we (the Kongara people) are proud to be the first landowner company to invite an outside partner, Island Passage, to join with us to explore and develop what we have,” IRHL director Steven Topesi said.

IPDC co-founder and chief executive officer Donald McInnes also commented on the significance of the occasion.

“For 17 years beginning in 1972, Bougainville was host to one of the world’s largest copper-gold mines,” he said.

“Today, the world is chasing new supplies of critical and precious metals, and demand is driving gold and copper to new highs.

“Island Passage Development is committed to working with the customary landowners through a partnership to reassess the mineral potential and to provide a sustainable future under a new mining lease that is ahead of its time.”

Golden results from Simberi

Assay results from drilling at St Barbara’s Simberi gold mine in July returned strong results.

St Barbara managing director and chief executive officer Andrew Strelein said the drilling results were encouraging and could see a boost in potential for Simberi.

“Hole SDH550 intersected 40m at 3.1 grams per tonne (g/t) of gold from 21m, including 24m at 4.4g/t from 37m,,” he said. “This is another very encouraging intercept.” he said.

“While these drilling results won’t be able to be included in the mineral

resource and ore reserve update currently underway, they would be included in subsequent updates.

“Having almost completed our first sulphide diamond drilling program since 2011 we believe significant potential remains for defining additional sulphide ore.”

St Barbara released its 10-year outlook for Simberi back in May, giving the major a road map to more profitable production.

St Barbara found that investing in the 3.7 million tonnes per annum (Mtpa) option provided the most

The two companies will explore under an EL02 licence, marking the first valid licence for metals exploration in Bougainville issued under the Autonomous Bougainville Government’s 2015 Mining Act PNG

compelling development pathway to lift Simberi’s production from its current range of 70,000–75,000 ounces to an average of 230,000 ounces.

“The concept study provides a strong case for St Barbara to push forward with the larger 3.7 Mtpa throughput options at Simberi,” Strelein said.

“We now have a strong road map we can pursue that can take us to increased and more profitable production at the Simberi gold mine both now and into the mid-2030s.” PNG

Kingston remains focused on Misima

Kingston Resources’ December 2023 quarterly report showed the company’s strong commitment to progress the Misima gold project.

The site is located on Misima Island, 635km east of Port Moresby. Gold was discovered on the island in 1888 and Kingston is now readying it for mining.

The company said it remains committed to realising the best value from the Misima gold project, which centres around bringing the project into production.

Kingston has also been in discussions with numerous interested parties in

relation to potential partnerships and development arrangements.

“The past three months have continued to be a period of significant achievement for Kingston Resources,” Kingston managing director Andrew Corbett said.

“With the successful milestones achieved and ongoing efforts, Kingston Resources is optimistic about the future and the opportunities that lie ahead.”

The current focus at Misima is prioritising environmental and social impact assessment reports, strategic funding and development strategies.

“Placer Pacific operated Misima as a profitable open pit mine between 1989 and 2001, producing over 3.7 million ounces before it was closed when the gold price was below $US300/ounce,” Kingston said.

“The Misima project also offers great potential for additional resource growth through exploration success targeting extensions and additions to the current resource base.”

In terms of safety, Kingston reported no environmental or safety incidents during the quarter. PNG

PNG PM committed to home-grown gold refinery

Prime Minister James Marape affirmed the government’s commitment to establishing the PNG’s own gold refinery, supported by the proposed National Gold Corporation Bill 2024

Speaking at the Bill’s consultation workshop, Marape highlighted the government’s commitment to maintaining

“We have been exporting our natural resources overseas and then buying the finished products again, thus importing them back into our nation,” he said.

“We want to turn things around by establishing refineries for the benefit of Papua New Guinea.

“And in this case, through this Bill, we

Marape said establishing a gold refinery locally will permit PNG to take stock and manage its resources more efficiently.

“We do not have to grow our economy from outside; it can be grown from within,” he said.

“Many developed countries present in the world today are where they are because they initiated change for economic prosperity like this which they are enjoying now.

“Change and reform for the better comes with challenges and opposition, and we welcome that.”

Marape assured consultation participants that the National Gold Corporation Bill 2024 is designed to benefit PNG without negatively impacting existing mining businesses or their contracts.

“This Bill in no way intends to disarm mining businesses of their contracts, or deter investors on their return upon investment,” he said.

“In fact, this government wants to add value to the mining industry of the country.

“We will give you an option to refine your gold locally and, if you so wish, sell your gold at the world market prices, locally.”

The future in Motion

Motion has big plans for PNG’s mining industry.

LEGACY IS the word that comes to mind when considering the multi-generational industrial solutions powerhouse that is Motion.

From its beginnings over half a century ago, the company has a long history of expanding the boarders of its reach both geographically and in growing the scope of its offering.

Today, Motion products are available at over 200 locations in the Asia Pacific region, supporting more than 1800 employees in over 30 repair and service centres and 12 major distribution centres.

Over 600,000 Motion products are available in Australia alone, a number that surges to over 10 million worldwide.

It’s a legacy Motion business development managerMatt Creevey believes is on a stratospheric trajectory.

Creevey started his career in 1994 with CBC Bearings, a heritage brand that now forms a major part of the Motion business. Since then, he has seen the Motion brand become a leader in supply and services to the mining sector.

Now Creevey is leading Motion into a new era in the Pacific region, with a keen focus on Papua New Guinea’s (PNG) growing mining sector.

“The industry in PNG is exploding and Motion is perfectly positioned to support the market, whether it be existing operations, restarting mines, or mines in development,” Creevey told PNG Mining.

The PNG mining industry has certainly been booming in recent years.

Following measured activity during the global COVID-19 pandemic, the Pacific nation has been capturing the attention of the world as it becomes an ever-present player in the global sector.

But as PNG’s mining industry grows, so too does its need for dynamic solutions to obstacles, especially considering the country’s unique challenges of heavy rains and hard-to-access terrain.

In answer to these challenges, Motion has spent the past few decades broadening its focus from componentry supplier to full-range solutions provider.

Motion provides small-business-style service backed by an international network of knowledge.

Image: Motion

“We’re taking a holistic approach to our customers’ operations,” Creevey said. “Not only can we supply parts as needed, but our Engineering and Services arm is able to investigate and research maintenance issues and find the root cause.

“From there, we can analyse the issue and develop a tailored solution to give our customers long lasting, sustainable and reliable improvements.”

Creevey said Motion’s scope for optimising PNG operations comes from the strength of its three key pillars – Industrial Solutions, Fluid Power, and Engineering and Services.

Motion’s Industrial Solutions come from its foundation in the bearing, power transmission and mechanical drive solutions space, largely thanks to the years of hard work from its legacy companies BSC and CBC Bearings.

Motion’s Engineering and Services line of business aims to look at anything in rotary motion, linear motion or hydraulic motion and provide a turnkey solution maximising the efficiency and output of that equipment.

Fluid Power Solutions is a major focus for Motion as it looks to the PNG sector, and includes hydraulic hoses, industrial hoses, mobile service units, and general Fluid Power componentry.

continuing to monitor the solution and ensuring it’s delivering on its expectations.

“We have many companies under the Fluid Power banner, as well as direct suppliers where we may require more specific expertise,” Creevey said. “That means we can deliver turnkey solutions to our customers, saving them the hassle of chasing multiple sources.”

It’s all part of Motion’s ongoing commitment of providing small-businessstyle service backed by a global network of knowledge.

Putting this ethos into practice, a recent project saw Creevey save a customer hundreds of thousands of dollars a year by taking a holistic approach to an ongoing problem.

“The customer was having issues where a conveyor pulley was lasting around four months,” he said.

“When we went to the site and analysed why this failure was occurring, we discovered that there was a misalignment on the structure which was putting stress into the bearings and causing contamination to bypass the seals, causing those bearings to fail prematurely.

“Our Motion Engineering and Services team was able to come in and implement a service where we realigned the bases for the pulley using a technique both unique to and developed by Motion in the Western Australian mining industry.”

Creevey said the solution expanded the pulley’s lifespan from four months to two years thanks to the initiative of the Motion team.

“The cost of the pulleys wearing out to the customer was in the vicinity of $450,000 a year,” he said. “They came back to us and said they were very impressed with the service and its success, and that they wanted us to check for other applications where we could ensure equipment was getting the best services available.”

“Once our customers realise the depth of our knowledge and the reach of our expertise, they very quickly want us to look at more and more of their operations.”

Creevey said it can get tricky when customers want solutions to challenges he hasn’t encountered before.

“Sometimes their questions are outside my realm of expertise,” he said. “Not everyone can know everything, but luckily we have an extensive network I can rely on to get the information I’m looking for and channel that advice back to the site.”

Recently, Motion came up against a challenge that would have been impossible if not for the knowledgepower from the many brands under its name.

“The customer needed a custom-built acid tank and one of the key constraints was the space in their facility was very tight,” Creevey said.

“We came up with a solution where we built about half of it in our workshop, then we dropped through the roof, coming through a whole bunch of different pipework at the sides, slotted it in position, and then built the top part of the tank once it was in-situ.

“Once upon a time this would have required six or seven different companies to make happen. Instead, we created the process, and saw the solution executed from concept to delivery, ensuring it was working effectively afterwards.”

It’s a complex solution to a complex problem, part of the company’s core mission to take a holistic

Fluid Power is a major focus for Motion.

approach to its customers’ operations. Underpinning that approach is the consideration of the ongoing efficacy of a solution.

Creevey said Motion tracks its solutions after installation and provides its customers with annual reports on their progress.

“It’s not just about following through on a redesign and implementation, it’s about continuing to monitor the solution and ensuring it’s delivering on its expectations,” he said. “I always ask our customers to give me their worst headache to fix first.

“If I can fix their worst headache, I can fix anything.”

Condition monitoring has become a huge part of a modern mine site’s operations, and Motion is committed to working with its customers to make sure nothing slips through the cracks.

“In addition to providing a yearly overview of how equipment is tracking, we also have teams on hand that can collect data while the equipment is running and analyse it on the fly,” Creevey said.

“If a bearing is going to give an operator trouble before their next maintenance cycle, the Motion team can advise the customer, allowing them to isolate the equipment, make the necessary changes, and get it back into service with minimal interruption to production.

“It allows miners to think ahead when it comes to approaching maintenance so they can avoid unexpected failure issues before they occur. Ultimately, less downtime is a cost saving to the customer.”

While Creevey said there will always be problems arising thanks to the heavy-duty nature of the mining industry, Motion works to establish strong, ongoing relationships with its customers so they know they can rely on the company.

“The challenge for us is to stay agile and find the right solutions for the next problem, and being a resource our customers can adapt to their evolving maintenance challenges,” he said. “It comes back to the depth within our organisation to lean on our network and deliver that quality service.”

When considering adapting Motion’s style of service to the PNG market, Creevey said it’s all about supporting the Pacific nation to take its place on the world stage.

“As existing mines ramp up production and new mines emerge, equipment that has been out of production for any amount of time can become an issue,” he said.

“Most failures happen when equipment is restarted, that’s why a key objective of Motion is to minimise those failures.

Motion provides service to its customers across the country.

“We want to provide the best advice, the best products, and the best services we can to help operators through the next phase of restarting equipment and minimising these failures and interruptions to production.”

Planned shutdowns are business as usual on a mine site, but even a week out-of-action can put stress on machinery when production kicks into gear.

“That's where a supplier like us becomes critically important to our customers’ operations,” Creevey said. “Not only do we offer an extensive range of products, we can also offer analysis of their problems and solutions for their maintenance issues.”

With considerations like access to the broader market and the specifications of special mining lease agreements common in PNG, operators need to be running as efficiently as possible.

“Expected shutdowns and unexpected failures and breakdowns alike are a massive thorn in operators’ sides, and in today’s economy, slowed production is unacceptable,” Creevey said.

“We want to be the provider of smoother operations and a more efficient and reliable equipment performance.”

Just as PNG is on a mission to leave a mark on the world as a supplier of essential minerals, Motion is on a mission to continue its own legacy.

By working with its customers, Motion is on its way to delivering years of critical services and quality products to a booming industry. PNG

Education and training

School’s in session

Lincom Group’s newly opened Technical Institute has made it easier than ever for technicians to get the training they need to succeed.

MINING EQUIPMENT requires more than just basic knowledge to operate.

These multi-tonne machines need experienced operators behind the controls, ready and able to respond to any challenge that presents itself.

But this ability to operate mining machinery doesn’t come overnight; operators and technicians need years of training to do their jobs safely and efficiently.

That’s where Lincom Group’s new Technical Institute comes in.

Located in Narangba, Queensland, the Technical Institute offers flexible training programs designed to give technicians a complete understanding of their equipment.

“We’ve long had this vision of training customers in their machines, rather than delivering the equipment and expecting them to figure it out as they go along,” Lincom national technical support manager Clyve Evans told PNG Mining.

“Now, we’re inviting people to come to Queensland and learn about the machines they’re buying. We offer two or three day courses so operators can get a better understanding of their equipment.”

Together with Lincom chief executive officer Stephen Watterson, Evans has helped tailor the institute to the needs of their customers.

“I start by learning what experience their technicians have, whether they be apprentices or old hats,” Evans said. “Once I know their experience and what they would like to learn, I can tailor a complete learning package for their needs.”

Each attendee of the centre also goes home with the course on a USB so they can easily refresh their memory and get back to work.

Having worked in the crushing industry for over two decades, Evans is well-placed to provide training to those looking to learn. When he started looking for his next role, he was drawn to Lincom’s ethos on education.

“I started speaking with Stephen about this job and it grabbed me that this was a man who was looking to the future, with a focus on training rather than just selling,” he said.

“The idea of giving people the right tools to do their job stuck with me, and it helps that I really enjoy this role.”

If customer feedback is anything to go off, the Training Institute is already a roaring success.

“When people finish up the course, they always come away knowing something they didn’t know before” Evans said. “I’ve had people with over 10 years’ experience tell me that they’re understanding their machines better than ever.

“The hands-on nature of the course blends in well with the work that these operators will be doing when they get back to site.”

Evans is encouraging anyone who wants to learn more about their machines to come to Queensland and participate in the training.

“I would love to see people from Papua New Guinea (PNG) take advantage of how close the two countries

The training facility gives companies the opportunity to up-skill their operators.

Although the Training Institute was only opened in April, the benefits have been farreaching. Evans credits Lincom’s drive to make training both educational and fun as a key reason for this.

“The operators that are coming in for training genuinely enjoy it,” he said. “They’re getting to learn how to do their jobs safer and more effectively while also getting to meet and spend time with other like-minded people.

“We’ve now got apprentices who are years in front of where their experience should be; they’re almost ready to become fitters in their second and third year and that’s because we spent the time to train them properly.”

With such a strong legacy already behind Lincom’s Training Institute, it can be hard to picture what else the company can do to strengthen its offering.

But Evans has some ideas.

“I would love to see customers come to Queensland before their machine gets delivered to go over the fundamentals of it,” he said. “I don’t want a customer’s first experience with a machine being the day it turns up on site.

“If we prioritise proactive training, we ensure that we keep our customer’s productivity and safety tracking upwards. And at the end of the day, that’s the most important thing.” PNG

A look back at the 2024 PNG Expo

PNG Mining on hand for the highlights from the 2024 PNG Expo.

THE 2024 PNG Industrial and Mining Resources Exhibition and Conference (PNG Expo) was truly one for the ages.

From July 3–4, the Stanley Hotel in Port Moresby was transformed into a marketplace of ideas, networking and growth as over 500 attendees packed the Kokoda Ballroom.

Join us as we recap the highlights from the two day event.

Day one

The day opened at a breakfast event sponsored by Jacon Equipment, Comet Equipment and JLE Group, all part of Maas Group.

Jacon and Comet president – global sales Adam Doyle told PNG Mining the companies were proud to sponsor the inaugural event.

“We believe that Papua New Guinea has several synergies with our businesses,” Doyle said. “The country has a booming mining industry and is a key market for the future of the industry.

“Many of the mines in PNG are regional-based, which we have expertise in. Regional mines have their own complexities, and we have the experience to deal with those when they arise.

“We have a belief that local engagement is key, and we want to provide the opportunities to collaborate and grow with us as partners.”

After the breakfast event, it was straight into the conference program. Some of the biggest names in the PNG resources industry took to the stage to discuss the growth of the country and its sectors.

Gold sponsor Hastings Deering exhibited its offerings at the expo.

The conference program was sponsored by D&T Hydraulics, a repairs and servicing company that has grown from a one-man operation in 1981 to now employing over 130 staff.

“D&T is proud to be partnering with PNG and sponsoring the PNG Expo,” D&T general manager Ben Moore told PNG Mining. “We endorse the promotion of international trading alliances with PNG and within the Australasian region.

“D&T supports the continual development of the PNG resources industry by providing high quality

manufacturing, remanufacturing and service exchange services.

“Valuing our existing PNG and neighbouring relationships, D&T continues to support the development of PNG tradespeople by employing and training PNG nationals at our facilities in Queensland, Australia.”

Green Finance Centre (Bank of PNG) director Mohinesh Prasad was first up on the conference program.

Prasad spoke about creating a better environment through financial institutions for green and sustainable investments.

“The Green Finance Centre’s primary role is to transform Papua New Guinea’s financial sector into one that is inclusive, climate resilient and promotes green economic growth,” Prasad said.

“It serves as the entity responsible for implementing the inclusive and green finance policy and all future initiatives related to green finance in PNG.”

Austrade country manager PNG Titus Hela and business development manager Kembol Kaikipae were next up, speaking to Austrade’s perspective on doing business in PNG.

Austmine manager – international projects Sheldon Varcoe then talked about the emerging methods of driving innovation in mining.

Varcoe outlined three case studies that Austmine member companies were able to help with and spoke to the benefits of becoming a member company.

and key account manager Darcy Nielsen.

“Access a wider range of industry solutions and new thinking to solve key operational challenges (and) leverage Austmine’s experience as an industry body to understand the global mining technology landscape,” he said.

After lunch, Kramer Ausenco managing director Adam Kramer took the stage to speak about the

Blackwoods and Blundstone representatives took to the stage to speak about the importance of PPE.

Silver sponsor Islands Petroleum was in attendance.

Kramer was followed by its partner Concept Tanks, represented by chief executive officer Phil Hollywood and key account manager Darcy Nielsen.

“PNG is our newest endeavour after entering the US and Canadian markets in 2023,” Hollywood told PNG Mining.

“This expansion reflects our commitment to providing innovative fluid-management solutions on a global scale. We see PNG as a promising market with unique needs, similar to our successful ventures in other regions.”

Rounding out the program was PX4 director Bill Haylock who spoke to creating a strong community social licence, and Austin Engineering general manager – sales APAC/EMEA Brad Higgins who talked about the physics of payload efficiency.

While the conference program was going on, attendees could also take advantage of the packed exhibitor floor.

Gold sponsor Hastings Deering was in attendance, giving attendees the chance to have a go at the company’s technology.

“Hastings Deering PNG is very excited to be supporting the PNG Expo,” Hastings Deering country general manager PNG and Solomon Islands Andrew Dare told PNG Mining.

“Our commitment to PNG spans 75 years, so supporting and contributing to the industry is very important to us. “We are not only supporting the industry, but also contributing to the local communities we operate in.”

The day ended with a gala dinner, allowing attendees to foster lasting industry connections.

L–R: Islands Petroleum CEO Nathan Bluett, IEA College of TAFE director of education Dr. Cherie Litwiller.
GenOffGrid director Russell Grant.

“We sell a commodity product: fuel. But we add value to that by our service offering of delivery, and we provide engineering solutions for our customers.

“We have customers in remote locations and that comes with its own unique challenges.

“But it doesn’t matter where they are; if they need our support then our experienced technical team can provide it.”

Bluett’s presentation was followed by a panel discussion on the importance of PPE (personal protective equipment) and supply chain management specialisation.

Blackwoods ran the presentation, bringing in

suppliers Blundstone, 3M Safety and Mayo Hardware as guest speakers.

Next up was Dr. Cherie Litwiller, International Education Agency of PNG director of education.

Litwiller spoke about technical education and corporate training in Port Moresby and throughout PNG from the perspective of IEA TAFE College.

After Litwiller, Steamships general manager – corporate affairs Vele Rupa took the stage to speak about the sustainability of investing in the local workforce, joint ventures, and community engagement.

Rupa gave attendees an insight into the value of training and empowering Steamships’ existing local workforce, joint-venture opportunities and active community engagement.

“[We are] contributing to the long-term development of PNG and its citizens,” Rupa said.

“Joint ventures, employee upskilling, management programs and staff retention are all important longterm investments.”

Rounding out the day was GenOffGrid director Russell Grant who spoke about empowering Pacific decarbonisation. Grant encouraged attendees to look at expanding the usage of electricity.

“Why expand? To enhance education, health and infrastructure services, to boost economic activities and to improve health through clean cooking solutions,” he said in this presentation.

Like on day one, attendees were also treated to a sold-out exhibition floor during the second and final day of the PNG Expo.

Expo print partner BizPrint and Scan, along with its parent company Remington Group, were thrilled to be in attendance.

[We are] contributing to the long-term development of PNG and its citizens,” Rupa said.

“Joint ventures, employee upskilling, management programmes and staff retention are all important long-term investments.

Vele Rupa

“Remington Group is on the record as being a strong supporter of small-tomedium businesses in PNG and of living loyal to local” Remington Group chief executive officer Peter Goodwin told PNG Mining.

“We see our participation in the PNG Expo as a tangible and valuable opportunity to showcase our commitment to the PNG resources sector.

“We aim to forge meaningful connections with industry players by taking part in events like this.”

With two days of learning, networking and collaborating now behind us, it’s time to turn our attention to the future – and the 2025 PNG Expo.

Watch this space. PNG

Steamships general manager – corporate affairs Vele Rupa.
Left: Mayo Hardware hand protection specialist Matt Gilligan.
Right: Some of the presentations included live demonstrations.
The day one gala dinner was a highlight of the PNG Expo.

Keeping the wheels of industry turning

Kal Tire trains and certifies technicians across the globe, including in PNG, helping to keep the mining industry moving forward.

THEY SAY you never stop learning, and that is especially true for Kal Tire.

As a registered training organisation (RTO), the tyre services giant is able to train any technician and issue statements of qualifications once deemed competent.

Tyre technicians are integral members of any mine operator’s team, inspecting, servicing, and maintaining tyres on the massive haul truck that get the extracted ore from A to B.

But this crucial job has inherent risks to it. That is something Kal Tire takes very seriously, and it is one of the reasons the company developed its tyre technician training.

“Kal Tire has developed a nationally accredited training service, and we use that to support our team members and customers in the tyre maintenance space,” Kal Tire manager – sales and marketing Caleb Pullella told PNG Mining

“Our programs cover everything from the theoretical side to the practical aspects of tyre maintenance, and we can tailor them to suit the experience of those being trained.”

Pullella explained the process of getting Kal Tire’s customers certified.

“First, we scope out what the training requirements are,” he said. “Once we have a good understanding of their needs, we tailor a training package to suit.

“We take into account people’s prior experience to

deliver training that will be beneficial to everyone in the room.

“We conduct the training at the customer’s site so they can apply what they’ve learned to their actual workplace.”

While conducting training, Kal Tire can also review a site’s safe-work procedures.

This is something the company holds to the highest standard.

“We want to ensure our customers are working to best practice,” Pullella said. “Part of that is making sure their procedures reflect that.

As an RTO, Kal Tire is able to train any technician in any country.
Tyre technicians are integral members of any mine operator’s team.
Images: Kal Tire

“The industry is constantly evolving; every single year we learn new and better ways of doing things so we like to ensure our customers are operating in the safest way possible.”

Kal Tire also partners with the customer’s training department when certifying tyre technicians, helping to provide a seamless process for all parties.

“When we deliver any training, we try to work closely with the customer’s training department to coordinate the process,” Pullella said. “That’s to ensure we have the right facilities to conduct the training, and that the customer has the correct tooling.

“We keep in contact with the training department to remind them when their technicians need to be recertified so we can keep documentation up to date.”

And if the customer feedback is any

indication, Kal Tire’s clients are seeing enormous benefits from the training.

Pullella pointed to one particular success story in Papua New Guinea (PNG).

“Kal Tire can train any technician in the world, and we currently support a number of sites in PNG,” he said.

“The feedback from the site has been really positive. They pointed out that a lot of the sites don’t have access to the tooling and innovation we do, so it’s been a benefit to them to see what we can offer in that space.”

Kal Tire’s on-site training is backed up by its Innovation Centre in Canada, which develops new tooling to make operations safer and more efficient. Since its opening in 2015, the centre has been designing and deploying numerous tools to better the sector while also looking at ways to fix common industry problems.

REDUCE DOWNTIME. INCREASE PRODUCTIVITY.

“If we’re facing a problem, we can submit that problem to the Innovation Centre to take a look at,” Pullella said. “The centre will see if they can develop something that can tackle that problem.

“From there, we end up with our innovation tools under the KalPRO brand, which are available for our customers’ teams to put into use.”

Kal Tire’s innovative tools have found homes across the global mining sector, setting a standard for safe and efficient operations.

“Our customer in PNG now has access to GATR, our gravity assist tooling rig, our ValveShield, and our rapid deflator,” Pullella said.

“Combined, these tools help to make our customer’s workshop more efficient and can help reduce safety risks associated with the crucial job of tyre maintenance.”

PNG

bring the world’s best material handling equipment to you.

• It can be lowered to the ground to provide easy access for maintenance

• No head or tail undercarriage provides greater clearance under the conveyor

Kina to construction

Resources & Investment Finance Limited has been supporting the finances of PNG businesses for generations.

MINING EQUIPMENT can be expensive. Excavators, haul trucks, drills, and dozers don’t come cheap.

And now, more than ever, operators need financing they can rely on.

That’s why Papua New Guinea (PNG)-owned Resources & Investment Finance Limited (RIFL) is working to ensure the Pacific nation’s mining industry is prepared.

Not a new business in PNG, RIFL was originally incorporated by Papua New Guinea Banking Corporation in 1979.

RIFL operated as a merchant bank until the late 1990s when it transitioned into a small finance company.

Current shareholders purchased the company in September 2012 as a licensed financial institution and it is now regulated under the Bank of Papua New Guinea.

RIFL chief executive officer Peter Boutcher said the company’s legacy of supporting PNG businesses speaks for itself.

“We are 100 per cent PNG-owned company,” Boutcher told PNG Mining. “Our main focus is financing heavy machinery such as excavators, rollers, backhoes, trucking, and agricultural machinery.”

RIFL also services its customers with consumer lending, insurance premium funding, and provides working capital finance for selected clients.

“We do not charge any upfront fees or loan

approval fees, and our interest is capped at 25 per cent.” Boutcher said. “We pride ourselves on our ability to turn around applications within 48 hours of receiving all of the relevant financial information from clients.”

Boucher said RIFL puts its combined 100 years of finance experience into action to help companies make the most of their finances.

“It’s all part of our vision to exceed client expectations, reward our shareholders commitment with strong returns and foster a positive working environment for our staff,” he said.

RIFL customers can be confident their finances are in good hands.

A major part of RIFL’s offering is its mainstream lending product – asset finance – whereby the customer has title of the asset financed and RIFL register a charge over that asset as the loan security.

Boutcher said RIFL can provide finance for new or used equipment.

“Asset finance is a fixed interest rate product allowing you to confidently budget future payment costs,” Boutcher said. “You conserve cash flow that could be used to invest in more productive and profitable areas of your business.”

From a taxation perspective, if the asset is used for business purposes, then businesses can claim the interest charged on the loan and the depreciation of the asset against their pre-tax earnings.

If a business is registered for GST, customers can claim back the GST on the tax invoiced price of the goods financed.

RIFL also provide master asset finance agreements for clients requiring multiple ongoing asset acquisitions.

All financing thereafter is undertaken through the execution of a one‐page schedule by an authorised signatory for all future requirements

This avoids onerous paperwork and the inconvenience of having directors and guarantors together every time you need to finance another asset.

If a client requires a flexible arrangement, RIFL can tailor its loan agreements to meet a range of cash flow requirements.

Most asset classes are covered under RIFL agreements, including trucks and other mining equipment.

As a licenced financial institution, RIFL also offers interest bearing deposits, meaning the company can offer and accept deposits from the public, as well as from private and public institutions like insurance companies and superannuation funds.

Boutcher said this is suitable for businesses interested in securely investing surplus funds for specific periods.

“Interest earned can be compounded or paid monthly, quarterly, half yearly, annually and at deposit maturity,” he said. “Our interest rates are extremely competitive in the market and we accept amounts of K100,000 ($38,466) and above.”

Clients of RIFL also have the benefit of choosing to spread the cost of their annual insurance funding.

The benefits of this mean that the appropriate insurance cover that may have previously been unaffordable would become achievable by spreading the cost of annual insurance funding.

Cancellable insurance premiums are financed over a 10–12-month repayment term, and fixed monthly repayments allow for more accurate cash flow forecasting.

This provides for the prompt payment of premiums to brokers and insurance companies.

RIFL has been servicing the financial needs of PNG businesses for generations. That kind of experience and expertise is a rare gift, one Boutcher said sets RIFL apart.

“We work with you and your company to devise the best outcomes,” Boutcher said. “Move your business forward with our range of financial solutions.” PNG

used equipment.

On the surface

A deep dive into three of the most well-known surface mines in PNG.

UNDERGROUND MINING and surface mining: these two types of mines are known the world over, but what do they really mean?

And what makes a surface mine so different from an underground one? After all, both mine ore.

While both surface and underground mines do produce ore, it’s the type of ore along with the different techniques used to get it that make the two so different.

It may sound obvious, but when a mine is classified as underground, it means the ore is far below the surface. Underground mining can be more expensive

because it requires more equipment and personnel to reach the ore.

That’s not to say underground mining can’t be practical.

If the ore body is too deep to profitably mine by open pit and the grade of the ore is high enough to cover costs, then underground mining could be a company’s best bet.

The other side of the coin is surface mining, or ‘open-pit’ mining. The most common mining method used, surface mining maintains exposure to the surface throughout the extraction period.

The Ok Tedi coppergold-silver mine.

The advantages of surface mining are varied and far-reaching. Powerful machinery can be used to move large volumes of rock with ease, and equipment isn’t restricted by the size of the opening.

Production is faster, and the lower cost to mine means if lower grades of ore are found, they are more economic to mine.

Surface mining is found across the world, including in Papua New Guinea (PNG). PNG Mining investigates some of the country’s largest surface mines.

Ok Tedi

Ok Tedi Mining Limited (OTML) is the current owner of the Ok Tedi copper-gold-silver mine, but this hasn’t always been the case.

Ok Tedi is situated on Mount Fublian, which has historically been described as a ‘copper mountain with a gold cap’.

Drilling first began in the area in the 1970s, and BHP secured a mining lease for the site in the 1980s, mining first gold in 1981.

That same year, OTML was incorporated to operate the project, formed from a partnership between BHP (as the majority shareholder), the PNG Government, Amoco Corporation and Inmet Mining Corporation.

OTML commenced mining operations in 1984, and BHP exited OTML in 2002.

Fast forward to now, and the Ok Tedi mine is enjoying its day in the sun as PNG’s longest running gold-copper-silver mine.

Former Minister for Mining Dilu Muguwa visited Ok Tedi in May of this year, reaffirming the PNG Government’s commitment to the iconic mine.

“The government is proud of what the OTML board of management, the management team and the employees are doing,” Muguwa said during the visit.

“OTML recently renewed its special mining lease, and my visit here is to find out plans for mine-life extension and continuity and see how we can support the company in ensuring the mine continues to operate for the benefit of the country.”

Muguwa had a briefing with OTML’s executive leadership team before being taken on a tour of the mine and its mill operations.

“Ok Tedi is a proud 100 per cent nationally owned mining company and is a great asset for the country,” OTML acting managing director and chief executive officer Alan Bong said.

“Our production and safety performance this year has been exceptional thanks to our people and we will continue to move forward aligning with our vision to mine responsibly so that we can continue

to deliver to our stakeholders and leave a lasting sustainable legacy for our people.”

Lihir

Once wholly-owned by Australian gold miner Newcrest, the Lihir gold mine was brought into the fold of Newmont when it acquired Newcrest in 2023.

Located in Niolam Island, 900km from the capital of Port Moresby, Lihir is one of the world’s largest producing gold mines, with ore reserves of 22 million ounces (Moz) of gold and measured and indicated mineral resources of 42Moz.

The project’s pre-feasibility study for Phase 14A was approved by the Newcrest board in late 2021, which the company described as a “key milestone towards realising the full potential of (the) operational asset”.

Lihir’s Phase 14A aimed to bring forward higher grades to improve gold production and operational flexibility by establishing an additional independent ore source at the site.

Newcrest continued to progress the Phase 14A feasibility study during the 2022–23 financial year (FY22) with ground support, drainage works and shotcrete works completed, and the procurement of mobile fleet equipment, specialised civil engineering equipment and materials.

“Phase 14A is another step forward in realising the full potential of Lihir with the cutback expected to deliver 400koz of incremental high-grade gold production over the next four years from an additional ore source that is now well supported by geotechnical drilling,” Newcrest said in its December 2022 quarterly report.

In 2023, Lihir’s performance was impacted following extreme rainfall limiting pit access and causing material handling issues at the crushers.

But the news wasn’t all bad, as Lihir continued to progress options to improve its water management, including its internal water recycling and identifying additional water sources and storage options.

Some

of the most well-known mines in PNG are surface mines.
Image: Adam Constanza/shutterstock.com

Under Newmont’s experienced stewardship, it’s clear that Lihir will only continue to shine.

Simberi

The name Simberi might seem familiar; it’s been in the news a lot lately thanks to St Barbara’s efforts to further production.

Operations commenced at the New Ireland Province-based mine in 2008. In the first five months of its operation, Simberi had processed approximately 416,000 tonnes of ore, setting it up for success as one of PNG’s premier gold mines.

St Barbara’s June 2023 quarter report noted that results from the Simberi operations were the highest it had recorded in FY23, and its highest production quarter since the June 2020 quarter.

It also generated $3 million in operating cash flow, its third consecutive quarter of positive cash flow.

“St Barbara is now well capitalised to focus on advancement of the strategy to realise value from the development potential at each of Simberi and Atlantic, and I look forward to this next important phase,” St

The company found that investing in a 3.7 million tonnes per annum (Mtpa) option provided the most compelling development pathway to lift Simberi’s production from its current range of 70–75,000 ounces to an average of 230,000 ounces.

“The concept study provides a strong case for St Barbara to push forward with the larger 3.7 Mtpa throughput options at Simberi,” Strelein said.

“We now have a road map we can pursue that can take us to increased, more profitable production at Simberi into the mid-2030s.”

Strelein said St Barbara’s strategy at Simberi has been to extend oxide production in 2026, which the company will continue to execute.

“Our strategy with Simberi has been to extend the production of oxides into 2026, increase the sulphide resource and reserve through extension drilling, which is underway; and revisit the sulphide expansion development plan,” he said.

Although Ok Tedi, Lihir and Simberi are considered some of the largest and most well-known surface mines in PNG, there are emerging mines across the

Waking a sleeping giant

The Misima gold project east of Port Moresby has been on care and maintenance since 2004. Kingston Resources is on a mission to see the mine shine again.

WHILE GOLD PROJECTS continue to emerge on the Papua New Guinea (PNG) mainland, a tiny island in the Solomon Sea off the coast of the nation has been drawing attention.

The historic Misima gold project is the crown jewel of Misima Island, located 625km east of Port Moresby.

Gold was first discovered on the island in 1888, with small scale underground mining continuing there until World War II.

From then, things were quiet at Misima until Placer Dome Incorporated commenced exploration in 1977, with production beginning in earnest by 1989.

Misima was operated as an open-pit gold mine until 2004, producing 3.8 million ounces (Moz) of gold across its life before it was transitioned into care and maintenance.

Since then, the gold giant has been asleep. But miner and explorer Kingston Resources has its eye on bringing the project back to life.

Kingston’s foundational project is the Mineral Hill copper-gold mine in the Cobar region of New South Wales.

Kingston acquired Mineral Hill from Quintana MH Holdings in early 2022, and has since initiated work to recommence open pit and underground mining.

Mineral Hill has been on care and maintenance since 2016, but Kingston is well on the way to getting the mine back up and running in full form.

Production was up 256 per cent at Mineral Hill in the 2022-23 financial year, with a gold production of 16,068 ounces.

Sales were up 263 per cent to $44.7 million, and the operating cash flow jumped 2514 per cent to 16.9 million.

Kingston has been able to generate enough cash flow to allow the restart of hard rock mining from the Mineral Hill resource base, with extensive exploration now underway to grow the asset.

Thanks to Mineral Hill, Kingston is no stranger to getting out-of-action mines back on track – an invaluable feather in its cap as the miner turns to its PNG project.

The process of reestablishing operations at Misima kicked off for Kingston in June 2022 when the miner reported the results of the project’s definitive feasibility study (DFS).

The DFS confirmed Misima as a large scale, longlife, low-cost operation with compelling project economics such as a $956 million net present value and a 20-year mine life.

Misima is now described as an exploration and development asset with significant scale thanks to its 3.8Moz gold resource and 1.73Moz gold reserve.

The island, a part of the Louisiade Archipelago, is a continuation of the Papuan Fold Belt. The Belt forms part of the larger Eastern Orogen zone, known for its rich resources, with mineralisation styles including porphyry copper-gold and epithermal gold.

Kingston Resources is keen to bring the Misima gold mine back to life.

The area also features volcanogenic massive sulphide deposits, lateritic nickel-cobalt-chromite and bauxite occurrences and placer deposits of gold, platinum, titaniferous magnetite and chromite.

The deposit style on Misima is low sulphidation carbonate base-metal epithermal, characterised by vein features and dominant silver, zinc, lead, gold, copper, and manganese geochemistry.

At the time the DFS was released, Kingston managing director Andrew Corbett said its results were “fantastic” for the future of the project.

“I am extremely pleased to be reporting such fantastic results from our definitive feasibility study,” Corbett said.

“Delivering such a high-quality study alongside a 28 per cent increase in reserve is a decisive moment for the Misima gold project, Kingston shareholders, and all stakeholders, in particular the Misima community who have strongly supported our progress.

“The Kingston teams have done an outstanding job to complete such a comprehensive work program in a challenging operational environment.

“The foundations for a return to gold production at Misima are now firmly established and we look forward to continuing to advance Misima towards first production.”

The Misima gold project consists of two deposits – Umuna and Ewatinona – and several exploration targets.

Kingston plans to leverage off the strong production history at Misima and construct a new 6.1 million-tonnes per annum capacity carbon in leach (CIL) treatment facility, as well as modern infrastructure, on the footprint of the historic mine.

CIL is a tried and true method for extracting gold from ore. A metallurgical process, CIL involves the dissolution of gold particles into a cyanide solution and their subsequent adsorption onto activated carbon.

Corbett said bringing Misima back into production is a transformational opportunity for Kingston.

“The DFS confirms a robust and low-cost operation delivering total production of 2.4Moz at an extremely attractive average all-in sustaining cost of $1217/ oz,” he said.

“These are outstanding results that highlight Misima as one of the best undeveloped projects in the Asia Pacific region.

“We now look forward to the next stage of advancing Misima.”

The current focus at Misima is prioritising environmental and social impact reports, strategic funding and development strategies.

An Environmental and Social Impact Assessment (ESIA) for Misima is currently underway, expected to be completed in the near future.

The key environmental considerations to be addressed in the ESIA include potential increased sedimentation and water quality changes in downstream watercourses.

The assessment will also consider the impacts of vegetation clearing, habitat loss and impacts on biodiversity, and potential impacts from on-land or marine tailings placement.

Once approved, Kingston will move ahead with mining lease and environmental approval applications.

But Kingston said there are a number of continuing work programs in the pipeline while the application process is underway.

Options for potential resource growth are being considered through the exploration prospective extensions and additions to the current resource base.

The company is also considering an assessment of a range of financing and ownership options for Misima and has also begun to engage financial advisory groups.

These groups will assist with advancing funding and strategic options, with the appointment of a formal advisor anticipated in the near term.

The road to production may be ramping up on all fronts for Kingston, but the miner is focused on far more than the financial potential of Misima; it is also committed to sharing the benefits of the mine with the local community, helping its residents to grow across the project’s life and beyond.

Gold was first discovered at Misima in 1888.

The population of Misima is currently estimated at 20,000 people. A number of villages are located along or adjacent to the coast, with the main town of Bwagaoia located in the southeast corner of the island.

Other villages near the mine site include Eaus, Kaubwaga, Narian, and Lagua.

During Placer operations, the mine employed and trained over 600 Misimans, with overall national employment of 90 per cent achieved before mine closure.

Today, there are still regular charter flights from Misima Island transporting past Placer operations workers who live on Misima Island to other major mines in PNG such as Ok Tedi, Porgera, Simberi and Lihir.

Kingston anticipates being able to replicate former owner Placer’s high employment of Misiman residents in the project’s future workforce, while also providing home-based opportunities for the existing Misimans that work fly-in, fly-out (FIFO) roles across PNG.

Local business development is also central to Kingston’s mission, and the miner is working with communities to ensure the project provides benefits beyond direct employment.

Kingston is planning to work with communities to establish businesses that ensure the local population can continue to benefit post mine closure.

Throughout this process, Kingston has continued to actively engage with the local community.

While the DFS and ESIA were underway, the company held three rounds of workshops across Misima – including meetings specifically targeting

women’s groups – to ensure the community is fully informed and has an opportunity to raise any questions.

Agreements on long term benefits to the local communities during and post-operations will be further developed through the ESIA and through direct engagement with the community.

Kingston said feedback from these workshops has been overwhelmingly supportive.

It’s clear Kingston has a strong focus for the future of Misima.

With the application of mining leases imminent, realisation of the project’s potential is on the horizon.

In the company’s most recent quarterly report, Corbett said he is confident in Kingston’s ability to steer Misima into a new era.

“The past three months have continued to be a period of significant achievement for Kingston Resources,” he said.

“Placer Pacific operated Misima as a profitable open pit mine between 1989 and 2001, producing

over 3.7 million ounces before it was closed when the gold price was below $US300/ounce.

“Misima offers great potential for additional resource growth through exploration success.

“With the successful milestones achieved and ongoing efforts, Kingston Resources is optimistic about the future and the opportunities that lie ahead.” PNG

PNG Mining & Resources Industry Showcase 2024

PNG Mining & Resources Industry Showcase 2024

Putting production first

When a mine’s pumps run well, so does the mine. Weir can help customers get their pumps in order.

WEIR IS COMMITTED to improving productivity for its customers, centring its ethos on combining knowledge, wisdom, and technology.

“As an original equipment manufacturer (OEM), we’re focused on partnering with miners to provide them with not only equipment solutions based on their operational requirements, but also product and process expertise,” Weir minerals divisional director – centrifugal pump product management Elias Aho said.

Mines can be challenging environments, often located in remote regions that are difficult to service.

This remoteness means equipment is subject to a lot of stress, which can lead to failures and loss of production.

This is true of all equipment, explained Weir, but particularly pumps.

“If a pump stops working, production on that line halts,” the company said. “At a Peruvian copper mine, two replicated feed cyclone pumps were installed to reduce costs.

“Weir’s engineers had previously advised operators that replicated pumps and spare parts would increase their maintenance burden and expose them to a greater risk of unplanned shutdowns and production loss.”

Responding to the concerns, the operators agreed to compare the performance of Warman pumps versus replicated pumps to understand the total operating cost of each.

“While the circuit’s Warman pumps with genuine OEM parts achieved their forecast wear life before wet-end replacement, the replicated pumps suffered eight premature failures in six campaigns,” Weir said.

“The longest-lasting replicator frame plate liner insert managed just half of the genuine Warman part’s life before failing.”

Without a stand-by pump, these failures increased the maintenance burden for the miner and impacted production. One failure resulted in slurry leaking from the frame plate, requiring the emergency shutdown of a ball mill.

A failed frame plate liner insert can cause an emergency shutdown of a ball mill.
Images: Weir

“Weir has a global network of state-of-the-art factories and foundries manufacturing its Warman pump spares,” Aho said.

“Slurry pumps and parts require specific heat

This failed non-OEM frame plate liner insert caused an emergency shutdown of a ball mill.

moulding and pouring techniques for high-quality casting with all the required mechanical properties.

“Our genuine Warman parts are manufactured to be the proper dimensional and hydraulic fit with our supplied volutes and liners. These complex manufacturing processes can’t be reverse engineered.”

The failure of critical components can lead to safety concerns, posing significant risk of injury.

“The slurry can be toxic, corrosive and hot,” Aho said. “It can also cause high-energy brittle fracture projectiles, which endanger personnel working in the vicinity.

“Even tiny gaps between imperfectly replicated components can lead to leakage, vibration or excessive stress concentration.

“With Weir’s stringent quality control and extensive safety testing, customers can be assured that their genuine Warman parts are manufactured from the highest-quality materials and designed to operate under demanding conditions.” PNG

Empowering communities, changing lives

If there’s one thing PNG-based resources companies are known for, it’s their willingness to give back to local communities.

COMPANIES ACROSS PNG give back to their communities in a host of different ways.

PNG Mining takes a look at how some of these companies have supported their communities throughout the first half of 2024.

OTML

The name Ok Tedi Mining Limited (OTML) seemingly goes hand-in-hand with community involvement.

The major miner is regularly involved in fundraisers and cross-company collaboratives that support causes from disaster relief to healthcare.

This generosity was summed up best by thenacting OTML managing director and chief executive officer (CEO) Alan Bong back in May.

“When disaster strikes, be it natural or manmade, lives are shattered, homes destroyed, and communities left reeling in the wake of devastation,” he said.

“The need for immediate aid is paramount and it is during these critical moments that our compassion and generosity provide hope to those in despair.”

OTML’s compassion has been on full display this year as the company continues to support communities in the wake of various natural disasters.

East Sepik Province experienced heavy rainfall and flooding, while Chimbu Province was affected by a 6.9 magnitude earthquake in early 2024.

OTML stepped in to donate a total of K1 million ($401,549) to the two areas, and an additional $K250,000 ($96,750) to five flood-stricken villages in Western Province.

“As a 100 per cent PNG-owned mine, we believe we have a corporate social responsibility to provide support towards relief and recovery of our people and communities from East Sepik and Chimbu provinces,” OTML CEO Kedi Ilimbit said.

OTML has also been heavily involved in healthcare support this year, as evidenced in April when the company presented the Ok Tedi Women’s Network (OWN) with K100,000 ($40,600) to purchase life-saving cervical cancer screening equipment.

“Cervical cancer is the second most frequent cancer among PNG women and 1400 women in

“This equipment will contribute to the reduction in cervical cancer cases in Western Province and PNG, which is an amazing breakthrough.”

It is no small task to support both disaster relief and healthcare initiatives while operating a mine –but OTML hasn’t stopped there.

In June, the major collaborated with members of the North Queensland Cowboys Rugby League

Major miners across PNG stepped up to help landslide-affected Enga Province.

“By leveraging the influence of rugby league icons, OTML intends to empower our children, youths, and community, to aspire towards excellence, creating a generation of upstanding citizens poised to make meaningful contributions to their communities, Western Province, and the country,” Ilimbit said.

Kumul Petroleum

Continuing the trend of assisting disaster-affected communities to get back on their feet, Kumul Petroleum offered aid when a landslide occurred in Enga Province in May.

The company presented a cheque for K1 million ($389,000) to Enga Governor Peter Ipatas in June to assist in the ongoing disaster relief effort.

but as PNG’s national gas and resources company, we also want to assist with the relief effort,” Kumul Petroleum managing director Wapu Sonk said.

“I understand that there are people that have been displaced through the landslide and they are not able to return to their land, we hope that our contribution can be used for in-kind support in their resettlement.”

Kumul Petroleum also holds an annual charity golf event at the beginning of every year.

The 2024 event was held in February in Lae, and the funds raised went toward the National Cancer Unit at the ANGAU Memorial Hospital for the acquisition of much-needed chemotherapy drugs and consumables.

“Last year the event attracted participation by 54 teams, and we expect a similar level of interest this year,” Sonk said at the time.

OTML hosted a number of Australian rugby players at its site.
Image: Melinda Nagy/shutterstock.com

The charity golf event complemented the longterm support that Kumul provides to the cancer unit at the hospital.

“Kumul Petroleum has been active in organising a Cobalt 60 radiation source and brachytherapy equipment for use by the cancer unit,” Sonk said.

“We have been assisted by SYOL International, the radioactive source manufacturer in the US, who have also donated more than K1 million worth of equipment including two X-Ray machines, 10 cancer patient beds and associated hardware.

“We are confident that this years’ event has raised more necessary funds for treatment and complement the work currently underway to get the ANGAU cancer services unit fully operational.”

Barrick Gold

Barrick Gold has a different way of giving back to its communities.

While the major miner donated $US1 million ($1.5 million) to support communities affected by the Enga landslide, it also gives back through sustainability means.

In its recently released 2023 Sustainability Report, Barrick revealed that almost $12 billion generated from the company’s mines last year remained in the countries in which it operates.

“Maintaining a social license is often regarded as one of the biggest risks facing the mining industry,” the report said.

“At Barrick we don’t view it like that. Instead, we see the countries and communities in which we operate as partners in our business who together give us a critical opportunity to deliver value.”

The report covers all aspects of Barrick’s sustainability approach, including community and people, workplace health and safety, human rights, governance, and the environment.

In 2023, $43 million was invested by the company’s community development committees.

The funds have been put towards strengthening communities with support in education, healthcare, food security, the environment, infrastructure and local economic development.

“Barrick’s distinctive approach to sustainability has evolved over many years, guided by the operational experience gained at its worldwide operations, the partnership philosophy at the heart of its business and the company’s belief that all stakeholders should benefit from the value it creates,” Barrick president and chief executive Mark Bristow said.

Barrick also prioritises the provision of jobs and business opportunities for its communities and host countries.

The need for immediate aid is paramount and it is during these critical moments that our compassion and generosity provide hope to those in despair.
Alan Bong “

In 2023, 97 per cent of Barrick’s employees and 77 per cent of its site senior management were host country nationals.

The miner also procured goods and services worth $1.8 billion from suppliers in the communities closest to its operations. In total, Barrick spent nearly $6.9 billion on goods and services from local and host country suppliers in 2023. With resources majors throughout PNG so keen to give back to the communities in which they operate, it is clear that the Pacific nation is in good hands.

PNG

As easy as ESG

PNG Mining looks at how Ok Tedi Mining is taking ESG to another level.

ENVIRONMENTAL, SOCIAL, and governance (ESG) is more than just an industry buzz word, but what exactly is it?

According to the Royal Melbourne Institute of Technology (RMIT), ESG is “an approach helping companies operate more sustainably, more ethically, more transparently, and with greater accountability to their stakeholders”.

This may encompass the practices, initiatives, and policies mining companies are putting in place to drive a greener, safer, more positively governed future.

The acronym has been bandied about a lot in recent years, often used synonymously with sustainability –not an entirely wrong assumption.

When considering the environmental impacts of their company in the context of ESG, miners might

consider climate change, greenhouse gas emissions, biodiversity, pollution mitigation, energy efficiency, and water management.

These are certainly major areas of consideration, but while the environment is a big part of ESG, it’s just one third of the story.

The ‘social’ element of ESG drives miners to take stock of employee health and safety, working conditions, diversity, equity and inclusion, and conflicts.

In a time when attracting and retaining skilled staff is becoming paramount, these considerations are key.

People want employers who make them feel safe, seen, and valued. They want employers who take the initiative to strive for a better working environment for everyone.

It’s not just employees that modern miners are extending these considerations to, either. Considering the social impacts of mining on communities in which projects operate has become part and parcel of the way mining is done.

ESG is proving to be an industry mainstay.

Investors and society as a whole is looking to the way mining companies operate in their host communities and countries, and the way they can drive benefits for those beyond their direct investors, which brings us to the final arrow in the modern business’ quiver – governance.

According to the World Economic Forum, good corporate governance includes factors such as corporate structure, board composition, business ethics, transparency, and anti-corruption.

Without good governance, there is no way for environmental or social practices to be properly implemented, leading the whole notion of ESG to fall apart.

If there’s one thing contemporary investing habits are showing the mining industry, it’s that a strong ESG position is a sure way to attract investors.

A 2019 McKinsey Global Institute report found both business-to-business and business-to-customer attraction skyrocketed for companies when ESG came into play.

RMIT said 87 per cent of institutional investors use ESG as a guideline for their financial decision-making. Bloomberg predicts global ESG assets might top $50 trillion by 2025.

But while ESG may have had its start in finance as a way for investors to identify markers of an ethically responsible organisation, the term has quickly become a shorthand for companies to show the world the ways they are committing to driving a better future for all.

The Papua New Guinea (PNG) Government has made its stance on ESG clear.

In March this year, Mining Minister Muguwa Dilu announced a review of the Mining (Safety) Act 1977 in order to pass the Mine & Works (Safety & Health) Bill 2024 to improve, update and adopt internationally acceptable safety practices and standards, inclusive of workers’ and workplace environmental safety.

“The mining sector (is) an important sector to the PNG Government as it contributes 70 per cent the total gross domestic product annually, brings in foreign exchange, creates job opportunities for citizens and brings benefits for project landowners,” he said.

“It (is) critical that all stakeholders of the mining sector work together for everyone’s interest and benefit.”

When considering the mining sector’s role in PNG and its responsibility to the citizens of the nation, Dilu asked a key question: “Are we being responsible to the people of Papua New Guinea in comparison to other jurisdictions throughout the world?”

Over the Ok Tedi mine’s life, OTML is expected to inject over $11.6 billion in social benefits into PNG.

One miner answering such questions is PNG’s own Ok Tedi Mining Limited (OTML).

Having recently locked in a 20-year extension for its Ok Tedi copper-gold-silver mine in Western Province, OTML is a miner determined to make its mark a positive one.

Governance

As a 100 per cent PNG-owned mine, OTML’s corporate structure is no stranger to ESG.

“We are committed to maintaining robust and transparent corporate governance practices,” the company said.

This starts with governance frameworks designed to keep the company operating under transparent, fair practices.

Are
Muguwa Dilu “

The majority of OTML’s directors are independent; as is its chair.

we being responsible to the people of Papua New Guinea in comparison to other jurisdictions throughout the world?

Additionally, the company’s board of directors has three standing committees it must consult with.

No non-executive directors receive any short or long-term incentives, equitybased remuneration, or retirement or termination benefits.

This strong foundation lays the groundwork for OTML’s ongoing commitment to its employees and the people of Western Province.

Without the social license granted to OTML by the community mine continuation agreement, the company would be unable to operate.

The license is based on the free, prior, and informed consent principles applied to the associated communities and the national and provincial governments.

Image: MIKE MANIATIS/shuttestock.com

This means no manipulation or coercion of the mine associated communities can occur, and consent is sought well in advance of any action or decision impacting their community prior to works commencing.

Participation and consultation are key pillars of OTML’s process, with its community members consulted in a way that is appropriate for their customs and practices.

“We have developed and apply a comprehensive community relations system that respects human rights and local cultures,” OTML said. “The system includes comprehensive annual communication and information patrols to 158 villages and the timely resolution of complaints and grievances.”

Social

Though OTML’s governance structure inherently blends with its social responsibilities, the company has set out to consistently maintain the wellbeing of its employees through other avenues.

“OTML is committed to a healthy and safe working environment, free from hostility, offensiveness, bullying, intimidation and harassment, racial vilification and any form of unlawful discrimination,” the company said.

“Our one team philosophy – One Team, Wan Pasin – helps up to deliver a highly effective, inclusive and productive workplace culture.”

OTML takes things a step further with its community outreach.

Since the Ok Tedi mine’s formation, OTML has contributed more than K10 billion ($3.8 billion) to assist the development of economically sustainable local and regional communities in Western Province.

PNG, Western Province and associated communities obtain enduring benefits from OTML through employment, local business, dividends, taxes and royalties, goods and services, tax credit scheme projects, training, capacity building and economic and social development programs.

The miner runs continuous internships and traineeships that engage locals and draw talent to the area.

OTML also has a range of partnerships in the industry and beyond, including a collaboration with the North Queensland Cowboys Rugby league team, which aims to set an example for PNG youth.

“By leveraging the influence of rugby league icons, OTML intends to empower our children, youths, and community, to aspire towards excellence, creating a generation of upstanding citizens poised to make meaningful contributions to their communities,

Western Province, and the country,” OTML managing director and chief executive officer Kedi Ilimbit said.

But OTML has more reactive measures in place to act quickly when disaster strikes to protect the people of PNG.

The miner recently donated a total of K1 million ($401,549) to two areas affected by recent natural disasters.

Our one team philosophy – One Team, Wan Pasin – helps up to deliver a highly effective, inclusive and productive workplace culture.
OTML “
Bloomberg predicts global ESG assets might top $50 trillion by 2025.

East Sepik Provice, which experienced heavy rainfall and flooding, and Chimbu Province, which was affected by a 6.9 magnitude earthquake, were each presented with K500,000 ($200,423) to assist with relief and ongoing recovery efforts.

Ilimbit travelled to Wewak to present the funding.

“As a 100 per cent PNG-owned mine, we believe we have a corporate social responsibility to provide support towards relief and recovery of our people and communities from East Sepik and Chimbu provinces,” he said.

“When disaster strikes, lives are shattered, homes are destroyed, and communities are left reeling in the wake of devastation. The need for immediate aid is paramount and it is during these critical moments that our generosity provides hope to those in despair.

“Through this gesture we would like to see relief and aid delivered swiftly to those in need and for communities severely affected to be rebuilt.”

invested in reducing the long-term impact of mining on OTML’s neighbouring Ok Tedi river system.

This has included the removal of pyrite from the tailings, addition of limestone to waste rock and tailings to maintain alkalinity in the river system and the dredging of sands from the riverbed approximately 100km downstream of the mine at Bige.

OTML announced a major environmental milestone at the start of the year when it was revealed the miner had surpassed its annual sediment dredge and rehabilitation targets for 2023.

OTML dredged 10.3 million cubic metres at its Bige operations against a target of 10 million. A total of 40 hectares was rehabilitated against a target of 35 hectares.

“This is a crucial aspect of responsible mining and is in line with our Ok Tedi Environment Management Act (MARP) guidelines and requirements,” Bige operations manager Naimen Kepan said.

“Achieving our target in rehabilitation brings us a step closer to rehabilitating our East Bank stockpile in line with OTML’s MARP requirements and closure plan to leave a self-sustainable environment for the local community post mine closure.”

The OTML environmental team is responsible for monitoring the past and present impacts of the mine along the 1000km downstream riverine system from the mine to the Fly River Delta.

This includes maintaining a hydrological network of monitoring stations along the river system, regular field sampling of water, sediment and food, vegetation surveys, data analysis and reporting.

The environmental team works closely with the community relations team, providing environmental information for the stakeholder consultation.

OTML carries out a comprehensive environmental monitoring program, which involves measuring the ongoing impacts of sediment deposition from treated tailings and waste rock into the riverine system, water quality, fauna and flora in the aquatic and terrestrial systems.

Monitoring is undertaken from Mount Fubilan down the river systems to the Gulf of Papua, some 1000km downstream of the mine.

While ESG might seem like three separate areas brought together under one umbrella, it is operators like OTML who are proving they are an intricately connected combination that coalesce into one overarching commitment: responsibility.

With mines like Ok Tedi showing PNG and the world that a mine owned and operated with the best interests of its neighbours in mind, the future of mining may look very different.

But one thing is for certain, ESG is here to stay. And as more miners get on board with initiatives to boost their ESG footprint, mining will continue to deliver benefits beyond the pit for decades to come. PNG

Putting the LNG in PNG

Liquefied natural gas has long been touted as a top contender in the energy transition. But what is it? And how is it made?

PAPUA NEW GUINEA (PNG) has large stockpiles of commodities.

From gold and silver to nickel and cobalt, there is no shortage of ore to be found beneath the ground.

But PNG also has massive reserves of another in-demand commodity: LNG.

PNG Mining takes a look at what exactly liquefied natural gas (LNG) is and how it factors into the country’s economy.

How do we get LNG?

Put simply, LNG is natural gas that has been cooled down to a liquid form for both ease and safety during storage and transport.

To get LNG, natural gas is converted from its gaseous state into a liquid by cooling it down to -162°C. This removes impurities such as dust and carbon dioxide and reduces the volume of the gas 600 times.

The LNG is then transported to its next destination, predominantly through insulated pipelines. Specially designed LNG carriers are often used to transport the product between terminals.

Once the LNG has arrived at its destination, it is warmed and converted

back into its gaseous form through compression and vaporisation.

Odorless, colourless, non-toxic and non-corrosive, LNG is then used in all the ways we are familiar with, from cooking and heating homes to generating electricity.

The history

While PNG has yet to join LNG heavyweight countries like Australia and the US, the Pacific nation is quickly ramping up its supply.

PNG has exported LNG since 2014. Like many of its resources, the sector is integral to the country, with exports accounting for $US2.95 billion in 2020 alone.

There are currently five LNG projects in PNG: Liquid Niugini LNG (PNG LNG), the Elk-Antelope gas fields, the P’nyang gas field, the Western Gas Project, and the Pasca gas field.

Each of these projects is in varying stages of shovel-readiness, with experts believing there could be a further two trillion cubic feet of gas waiting to be discovered – the equivalent of 400 million barrels of fuel.

PNG LNG

While each of PNG’s LNG projects is a key player in its own right, the $US19 billion PNG LNG project is perhaps the most well-known.

The PNG LNG project is a development that includes gas production and processing facilities extending from Hela, Southern Highlands, Western and Golf Provinces to Port Moresby.

Connected by over 700km of on and offshore pipeline, product from the PNG LNG project is shipped across Asia by project operator ExxonMobil PNG.

The operation has the capacity to produce over 8.3 million tonnes of LNG per annum, and 11 trillion cubic feet over its life.

PNG LNG has had wide-reaching benefits for the Pacific nation and its people. Of its over 3000-strong production workforce, 88 per cent are Papua New Guinean and 20 per cent are female.

Additionally, more than K15 billion has been spent on PNG-based companies since 2010 with over K1 billion invested in the community and programs focused on education, health, women’s

LNG is often transported by specialty tankers.

empowerment, environment, and agriculture.

Since the start of production, the PNG LNG project has paid over K14 billion to the state; in 2021 alone, it paid over K2.2 billion.

“The revenues and associated benefits from the PNG LNG Project provide the PNG Government the opportunity to promote sustainable, long term economic development,” ExxonMobil project executive Peter Larden said in 2022.

“We are extremely proud of our performance in contributing to the PNG economy.

“Since 2014 we have delivered over K14 billion to the country, including some K4.5 billion in taxes. The tax figure includes the 2022 estimated tax payment of K1.1 billion made in April resulting from increased global oil prices and sustained volumes.

“This is one of the largest single tax payments by the PNG LNG project to date. We are pleased to see this increased revenue going to the state.”

Revenue from the project is delivered through different means, including corporate and payroll taxes, equity (through state participation), development levy and royalties.

And it’s not just the state that the PNG LNG project is committed to. The operation is also focused on ensuring its environmental stewardship is in check.

The project achieved a key environmental milestone in October 2023, with more than 100 clans across two local-level government areas in the Lower Kikori region signing 11 community conservation deeds, the largest number of conservation deeds ever signed at one time in PNG.

The signing was the culmination of more than 10 years of community engagement in the Kikori Delta area regarding conservation. Over 1000 community members witnessed the event.

“ExxonMobil conducts assessments of new facilities using an experienced independent contractor before determining whether they will be utilised,” ExxonMobil said in its PNG LNG 2023 environmental report.

“Additionally, existing waste management facilities are re-assessed every four years to confirm they can continue to be used.”

The PNG LNG project also achieved several safety milestones in 2023, including the safest year recorded since the start of production with a total recordable injury rate of 0.03.

Through ExxonMobil’s Safety and Fair Play Champions, the company encourages and rewards safe behaviour to help build a strong safety culture across its worksites.

“A total of 51 upstream area workers and 21 LNG plant site workers were recognised as Safety and Fair Play Champions in 2023,” ExxonMobil said.

“Workers selected as Safety and Fair Play Champions exhibit safe workplace behaviours and influence others with ‘nobody gets hurt’ objectives.”

LNG is truly taking PNG by storm, and with so many projects like ramping up, it’s only a matter of time before PNG joins the ranks as a top LNG supplier. PNG

Women in Industry Awards 2024

The annual Women in Industry Awards spotlight the talented women making a difference across a range of traditionally male-dominated industries.

IN A NIGHT OF CELEBRATION, champagne, and sequins, the Women in Industry Awards continues to shine brighter every year.

With the aim of supporting outstanding women driving change and breaking down barriers in their respective industries, the Women in Industry Awards spotlights the possibilities for the next generation and rewards those who inspire to succeed.

The sectors celebrated at the awards are traditionally male-dominated industries, underlining the significance of those recognised given the barriers women face.

These winners may have been nominated by colleagues, or those they inspired from afar, or by those they have provided invaluable guidance and support.

PNG Mining believes the dedication and exceptionalism of these women should be celebrated.

In this feature, we profile all the awards winners from the big occasion.

Excellence in Mining Winner: Sinead

As head of decarbonisation delivery at Fortescue, Sinead Booth has been described by her peers as a visionary leader and trailblazer epitomising excellence and innovation in the mining industry.

With a decade of extensive experience spanning international and interstate realms, Booth has spearheaded transformative initiatives, particularly in sustainability and decarbonisation.

“I feel extremely privileged to win the Mining Excellence Award,” Booth told PNG Mining

“There is incredible work happening across the mining industry and I feel lucky that I get to play this little role in making the mining industry greener.

“I think it’s going to become a critical focus for the mining industry over the next decade, and at Fortescue we are definitely forging a path of greening the industry.”

In her role at Fortescue, Booth has established pioneering programs aimed at bridging the gender gap in the mining sector, making significant strides towards gender equity.

Booth’s commitment to women’s development extends beyond her professional endeavours, demonstrated by her leadership at the Gomo Foundation, an organisation that works in remote areas of Zimbabwe to provide young girls with opportunities for education.

“Having women represented in the mining industry has always been a focus for me,” Booth said. “And now I get to do that as we transition into the next era of the industry.”

At Fortescue, Booth is entrusted with a pivotal mandate: overseeing the seamless integration of all innovative green equipment and energy systems within the company’s iron ore operations in the Pilbara.

At the helm of a dynamic team, she not only orchestrates but champions groundbreaking initiatives, solidifying Fortescue’s position as an industry leader in sustainable mining practices.

Her astute leadership is evidenced by the recent milestone in facilitating the delivery of Australia’s maiden fleet of electric excavators to Fortescue’s operations.

This achievement, coupled with her team’s commitment to advancing eco-friendly technologies, underscores Fortescue’s dedication to environmental stewardship and Booth’s visionary approach to shaping mining’s future.

“Not a day goes by where we rest on our laurels, we drive change ourselves,” Booth said. “I’ve only been here just over a year, but I already feel like I’ve found my home at Fortescue, everyone here is completely dedicated to the mission.”

Booth’s enthusiasm knows no bounds as she eagerly anticipates the realisation of forthcoming projects on her agenda.

These initiatives, including the introduction of battery electric mobile equipment and locomotives, embody Booth and Fortescue’s commitment to eliminating emissions across the company’s mining operations.

Through her strategic foresight and dedication, Booth is not only shaping the trajectory of sustainable mining practices within Fortescue but is also setting a precedent for the broader industry to follow suit.

Woman of the Year Award and Excellence in Manufacturing Winner: Derelle Mitchell

Booth’s dedication to nurturing talent and fostering diversity within the mining sector is underscored by her role as a mentor to a diverse cohort of young women across the industry.

With a network of over 30 emerging professionals, she recognises the importance of cultivating talent to drive industry-wide innovation and productivity.

“You can’t be a leader unless people are willing to follow you,” Booth said. “I love Fortescue because we attract some of the best people in the industry.

“We have a team of young, driven, motivated people, and I feel a certain amount of responsibility to use my role at Fortescue to drive better quality outcomes for the mining industry.”

Booth’s steadfast commitment to breaking gender disparities and promoting diversity is intricately interwoven with her passionate advocacy for decarbonisation.

She firmly believes that by fostering a more diverse and inclusive workforce, the mining industry can achieve a fundamental shift towards sustainability and operational excellence.

“Having women represented in the mining industry has always been a driving force for me,” Booth said. “That’s why Fortescue is the perfect place for me, because it sings to both passions I have around equality and decarbonisation.”

This holistic approach underscores Booth’s leadership and her unwavering dedication to shaping a brighter future for the mining sector.

This year’s Excellence in Manufacturing Award winner also took out the Woman of the Year Award. Glowing at the award event in Sydney, Health Focus Manufacturers (HFM) managing director and founder Derelle Mitchell took to the stage.

Mitchell founded HFM in 2011 after purchasing the assets of a cosmetic manufacturing company that was closing.

Starting with just three staff, a basic commercial property and a small office space converted into a lab, Mitchell has built HFM into a multi-million-dollar business on the cusp of launching a state-of-the-art manufacturing facility.

Mitchell is deeply committed to growing local manufacturing capabilities and advocating for women in the field, dedicating her efforts to support and progress these important areas.

HFM contributes to a number of charities and initiatives in the Moreton Bay region where its headquarters are located, with Mitchell leading the charge in boosting local jobs and encouraging women to enter the industry.

Business Development Success of the Year Winner: Sandra Robinson

Recognising an individual who has created new growth opportunities that allowed their organisation to expand and generate greater revenue, Kennards business development manager Sandra Robinson is an industry stand-out.

Woman of the Year
Derelle Mitchell (right).

In the first six months of her role, she was able to achieve more than 250 per cent of her sales target and increase the size of the company’s project management team by 200 per cent due to the number of new projects won.

Over the past year Robinson has introduced several new initiatives that have helped to grow Kennards’ market share and increase revenue within the commercial business segment.

Her efforts have been instrumental in the success and growth of Kennards’ major projects division.

Safety Advocacy

Winner: Kathleen Kelly

Working actively to improve safety for her industry, Kathleen Kelly is deeply passionate about crafting and implementing health, safety, and wellbeing programs.

Kelly has garnered her expertise from a career spanning industries like construction, engineering, and mining.

Currently, Kelly is a significant contributor to the strong safety culture that has been established for the new Bridgewater bridge project in Tasmania.

Throughout her 22-year career, she has earned multiple accolades from projects and organisations alike for her fervent dedication to cultivating a culture of safety excellence.

Rising Star of the Year

Winner: Kate Leone

Like a true rising star, this award recognises an individual under 30 who has shown significant promise with their chosen industry or reached new goals at the start of their career.

This year’s winner, Kate Leone, is described as a versatile, multidisciplinary problem-solver, passionate about engineering for change and being at the forefront of technical innovation.

Having graduated from the CIMIC Graduate program in 2021, Leone is now a communications engineer and advocate for increasing global access to technology and diversity in science, technology, engineering, and mathematics (STEM).

Leone has ambitions to lead her own projects with gender balance front and centre. She is also a passionate teacher and mentor with active involvement across various industry organisations and associations.

Mentor of the Year

Winner: Kirstin Reblin

Opal transformation general manager Kirstin Reblin has been described as the embodiment of the Mentor of the Year Award.

Operations (NAWO) mentor since 2020, Reblin has spearheaded the expansion of mentoring programs, including the driving of Opal's NAWO Mentoring initiative and engaging senior leaders to participate as mentors.

Her dedication to fostering diversity is evident in the creation of the ‘Thinking Diversity: Women at Opal’ program in September 2022, a network which boasted over 450 members in March 2024.

Industry Advocate

Winner: Steph Gee

Steph Gee is a sparkling example of grassroots advocacy for the national electrotechnology sector.

A fully licensed electrician and business owner, Gee has a knack for making the complex seem simple and leads by example.

She actively promotes gender equality and empowerment on site while holding influential positions on national industry boards and government training and apprenticeship committees. Through her unwavering dedication and tireless efforts, she ensures that the voices of her sector are heard and represented in the highest levels of decision-making within the electrotechnology sector and national energy market.

Mentor of the Year Kristin Reblin.

Excellence in Construction

Winner: Sinead Redmond

GeelongPort’s head of infrastructure delivery

Sinead Redmond has been a qualified engineer and project manager in the construction industry for over 18 years.

She has extensive experience in project delivery across various areas and is a proven influential leader who works within business development, directing large teams and managing stakeholder expectations. Her entrepreneurial approach and engineering background enable her to consistently develop creative solutions to complex problems.

Redmond’s advocacy and volunteering in the industry has led to changes in policies and the development of mentoring programs, reflecting her dedication to growth, gender equity, diversity, and inclusion.

Excellence in Energy

Winner: Vesna Olles

BOC South Pacific clean energy and strategy director Vesna Olles is a key member of BOC’s executive leadership team.

She has been in this leadership position since October 2019, driving the company’s strategic

direction in clean energy encompassing renewable hydrogen, alternative fuels and liquified natural

In her current role, Olles has championed BOC’s efforts in clean energy, and advocated for the company’s investment in nation-building projects that will support Australia’s transition to net-zero and pave the way for the emerging hydrogen industry to develop.

Olles is a strong advocate for women in the workplace and actively mentors female colleagues in her direct team and the wider business.

Excellence in Transport Winner:

Anne Modderno

As the first female managing director of any Swietelsky international subsidiary, Anne Modderno has led significant progress since her appointment.

She spearheaded the development of the company’s sustainability strategy, reflecting her dedication to driving positive social and environmental impacts.

Modderno also actively advocates for inclusivity and diversity within the transport sector, promoting initiatives to increase female participation and close the gender pay gap.

Throughout her career, Modderno has demonstrated exceptional leadership, mentorship and program management skills, successfully delivering large-scale maintenance and capital projects with a steadfast commitment to excellence.

Excellence in Engineering

Winner: Allyson Woodford

APA engineering and planning general manager Allyson Woodford has led 355 people to support the company’s $22 billion critical energy infrastructure projects across Australia.

With more than 20 years experience in engineering, operations and business improvement, Woodford been focused on safe, affordable and lower emissions fuels for everyday Australians whether it be via gas, renewable energy or cleaner transport fuels.

Woodford’s passion for leadership is obvious, highlighted by her more than 25-year commitment to the Institution of Chemical Engineers in various leadership roles.

She is also a major supporter of universities as an industry representative and gender diversity advocate, which has seen her create awardwinning in-house leadership training programs for emerging engineering leaders. PNG

Fortescue head of decarbonisation delivery Sinead Booth.
Image: Fortescue

In total Harmony

Harmony Gold already owns two of the most well-known gold projects in PNG, but the major is showing no signs of slowing down.

HARMONY GOLD is a name known in almost every corner of the world.

Beginning in South Africa over 70 years ago, the miner has since emerged as a global gold mining specialist with a sizeable copper footprint.

While Harmony is the largest gold producer in South Africa, the company has never been afraid of growth, expanding its reach into Papua New Guinea (PNG) and Australia.

“Our most telling sign of sustainability is not our longevity, but rather the way in which we are able to turn our assets to account by extracting the maximum value over a longer life-of-mine,” the company said. “Many of the assets we have owned and mined over the decades would have closed much earlier under previous owners.

“By applying our business acumen and a responsible mindset, Harmony has prolonged the lives of these assets, to the sustained benefit of employees, communities, shareholders and other stakeholders.”

Harmony takes its role as a responsible corporate citizen seriously, having evolved its approach

to mining into one that is both co-operative and responsible.

By pursuing programs and initiatives that aim to uplift and develop its host communities, Harmony Gold is ensuring it leaves a positive and lasting socioenviro-economic legacy in the areas it operates in.

Hidden Valley

There’s nothing hidden about Harmony Gold’s Hidden Valley mine.

Nestled in Morobe Province approximately 210km north-west of Port Moresby, this open-pit silvergold mine is perhaps one of the most well known in the district.

The ‘valley’ part of Hidden Valley’s name comes from its surroundings; the mine is located at elevations of 1700–2800m above sea level in mountainous and forested terrain.

The steep terrain means ore must be carried from the pit via a 5.5km overland pipe conveyor, where it is then treated at the Hidden Valley processing plant using a two-stage crushing circuit.

Both of Harmony’s projects are located close to Port Moresby.

While Hidden Valley had a challenging start to 2023 due to a shortage of blasted rock, Harmony Gold put in the work to help the mine bounce back, milling 3.8 million tonnes for the year.

This was 19 per cent higher than 2022, increasing gold production by 18 per cent to 4370kg. Hidden Valley’s revenue for 2023 was also a boon for Harmony Gold, sitting at R440 million ($35.5 million).

Wafi-Golpu

A 50–50 joint venture between Harmony Gold and Newmont, Wafi-Golpu is classified as an advanced copper-gold exploration project.

Sitting alongside Hidden Valley in Morobe Province, the project is just 65km south-west of the city of Lae. While the project comprises the Golpu, Nambonga and Wafi deposits, the current developments are focused solely on the Golpu deposit.

In a recent interview with Business Advantage PNG, Newmont chief executive officer Tom Palmer confirmed that Wafi-Golpu is a project of note for the major.

“Wafi-Golpu is a fantastic resource,” Palmer said in June. “PNG is a country with a lot of natural resources. It’s a country that’s strategically important to Australia and the United States.

“As a US foreign direct investor in PNG, with Australian connections, we’re almost the perfect combination.

“The opportunity for us to work in that country, to develop relationships over the long-term with all the stakeholders in PNG, with the support of both the Australian and the US Governments, is something that certainly fitted well within our strategy.”

Harmony has long heralded the potential it sees in Wafi-Golpu, and even bought back royalties to the site held by Rio Tinto in 2007 and 2008.

The company then began a prefeasibility study, based on the resource defined at that time, as well as a substantial exploration campaign at the site throughout 2009.

Results from that study, as well as exploration findings, confirmed the viability of Wafi-Golpu in 2011.

The project is currently in the process of attaining a special mining lease and has submitted an environment impact statement to the PNG Government that is undergoing a regulatory review process.

Once developed, Wafi-Golpu is destined to make a significant economic and social contribution to PNG for years to come.

It is clear that Harmony Gold is only going from strength to strength.

Harmony Gold is known as a specialist gold producer.

As the company continues to develop Wafi-Golpu and ups production at Hidden Valley, the only question on everyone’s lips is: what’s next? PNG

Image: Christine_Gneh/shutterstock.com

A splash of lime

PNG’s mining industry is known for its stockpiles of gold, silver and copper, but lime is making a name for itself.

LIME TRULY is everywhere.

This versatile material has various uses, most prominently as aggregate for roads, white pigment in products such as toothpaste, and as decorative additions to rock gardens.

It’s well-known that Australia has a strong stockpile of lime, but many may be surprised to learn that Papua New Guinea (PNG) is flush with it as well.

One company taking advantage of this is Mayur Resources.

The Queensland-based miner is currently developing its Central Lime Project (CLP), strategically located 25km north of Port Moresby.

The PNG Government awarded Mayur an unprecedented 20-year mining lease for the project in August 2020.

Offtake letters of support for Mayur’s calcium oxide, commonly known as ‘quicklime’, have now exceeded the initial 400,000 tonnes per annum nameplate capacity.

Construction commenced at the site in June 2023. Since then, it has only gone from strength to strength.

In fact, former PNG Minister for Mining Ano Pala has called the CLP a “transformative development” for the country.

Construction at the CLP commenced in June 2023.

“Every mine is unique across our nation, and this one is particularly special,” Pala said. “Apart from Tolukuma in Goilala, this is the only other mine in Central Province, and we are truly excited about its progress.

“This project will provide employment opportunities for at least 1000 people, which will make a significant difference. The people in this region have not witnessed such a development before, so it’s truly exciting. We eagerly anticipate the growth of this mine.”

Mayur managing director Paul Mulder said the company was proud to have hosted key delegates at the CLP in September 2023.

“Our Central Lime Project will see PNG become a pivotal contributor to the regional and global lime industry as lime demand continues to rapidly expand as a key input in the global energy transition,” he said.

“As Mayur welcomes in various partners across multiple stages within the SEZ precinct, our primary objective is the development of low carbon quick/hydrated lime, followed by subsequent expansion phases.

“We were very pleased to have hosted the Mining Minister and several other dignitaries at our project earlier this month and thank them for their support as we continue the construction of our Central Lime Project.”

The latter half of 2023 was truly transformative for Mayur.

The company secured a financing package of $10 million to go toward advancing the works at the CLP in November.

The funds were primarily used to complete the wharf at the site, with Mulder calling the funding encouraging.

“We are encouraged by the funding support we continue to receive from capital markets for our advanced portfolio of downstream processing industrial projects,” he said.

“This funding will largely be used to continue progressing the pioneering works of our CLP which paves the way for full scale construction to commence as soon as pre-conditions are satisfied and our project debt financing is finalised –milestones we are rapidly approaching.”

November also saw a major leadership change for Mayur when Richard Pegum was appointed to the role of executive director following the retirement of chairman Charles Fear.

Pegum brought with him a wealth of experience from previous roles, having worked most recently at Bennelong Asset Management in the UK. There, he managed the firm’s growth and oversaw assets over $3 billion.

“I am deeply honoured by the opportunity to take on the role of executive chairman at Mayur Resources,” Pegum said at the time.

“Mayur has a unique transformative opportunity through the development of its CLP as it will not only provide significant value to existing shareholders but will also be the cornerstone of the first downstream minerals processing hub in PNG. This is an opportunity that we must seize.”

The Mayur board expressed its confidence in Pegum’s ability to lead the company into its next phase of growth and strategic development.

“With this transition, Mayur reaffirms its commitment to strong corporate governance and leadership excellence,” the company said in a statement.

In April of this year, Mayur secured an additional $US155 million ($241 million) in funding from Appian Capital Advisory to further advance the CLP.

“Today marks the key funding milestone in delivering the CLP, which will be a transformative development for Papua New Guinea’s landowners, Central Province and the broader manufacturing sector,” Mulder said.

“As the nation’s inaugural industrial downstream manufacturing processing hub, the CLP will create hundreds of jobs and materially contribute to the clean energy transition by providing a key input

The CLP has been called a unique opportunity for Mayur.

to the processing of energy transition metals in the region.”

Ultimately, Mayur is aiming to achieve an annual nameplate production capacity of 400,000 tonnes, with further expansion in the pipeline. First quicklime production is expected to begin 18 months after the financial close of Appian’s investment.

PNG Prime Minister James Marape welcomed the funding.

“I am happy to hear that Mayur Resources has secured the K540 million funding to complete the Central Lime Project, and that the project has the potential to create hundreds of new jobs, support service businesses, electricity, roads, education and health facilities for landowners,” Marape said.

“It promises to be a transformative development for Central Province landowners and the broader manufacturing sector.”

In June of this year, Mayur welcomed a proposed $US50 million ($74.8 million) investment in the company from ACAM LP, along with a $5 million share placement.

“ACAM LP’s proposed investment will enable Mayur to push ahead with our mission of developing mineral projects that deliver higher quality, lower cost, inputs for the mining and construction industries.”

If completed, the funding will be used to retire $9.2 million of Mayur debt.

“We are extremely pleased to have entered this arrangement with ACAM LP, which represents a transformational investment for Mayur,” Pegum said.

Limestone is used as aggregate for roads.

Pegum said the share placement is integral to the CLP as it will be used to fund the Stage 2 and 3 wharf facilities.

“(The placement) ensures that the early construction works can continue for the benefit of the ongoing development of the project with the aim of producing early cash flow revenues in late 2024,” he said.

“The work completed by S&F Investment Advisors to date, including a site visit and the commencement of discussions with our debt financier, Appian, further gives me confidence in their ability to swiftly go through their final confirmatory phase.”

And it’s not just lime Mayur is focusing on.

The company is also looking to advance its Orokolo Bay vanadium-titanium-iron sands project in Gulf Province, further diversifying its portfolio in PNG.

Mayur and its partners in the project executed a series of legally binding contractual agreements in February to cover the full funding of Orokolo Bay, including the construction and operation.

“I am excited in realising the vision of Mayur’s management after a decade of hard work being the first of our five mineral sands licences we have been developing,” Pegum said.

“The arrangement is such that landowners and local communities will receive material employment directly coupled with the establishment of additional support service businesses.”

With so many projects and commodities in the pipeline, it is clear that Mayur will continue to be a key company for the development of the lime industry in PNG. PNG

WE REMAN THINGS THAT MATTER

At D&T Hydraulics and Engineering, we have a 43-year legacy of remanufacturing used components to exceed original performance. In a world of finite natural resources, our work brings increasing value to the communities we serve.

D&T overhauls ALL hydraulic cylinders, from the largest mining assets (Ultra Class Equipment) to higher volume assets such as OH Trucks, Loaders, Dozers, and Graders.

In recent years, D&T’s capability expanded to include full rebuilds of Front Wheel Groups, Front Corners, Front Suspensions, and Steering Arm Assemblies for CAT and Komatsu OH Trucks.

Standout Capabilities:

• Hard Chrome Plating

• High-Speed Laser Metal Deposition (EHLA) & Conventional Laser Cladding (LMD)

• Manufacturing Engineering

• Advanced Manufacturing

• Component Rebuild

• Service Exchange (SX)

• REMAN Exchange

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