Papua New Guinea Operation Launches
We have commenced operations in Papua New Guinea. We produce 50kg a month of 22 karat Gold Dore Bars.
This is Alluvial gold using “high pressure water mining” method.
We are able to provide 10 kilo per customer on a monthly basis. With full documentation provided. Price is below LBMA rate.
We can help you arrange the shipping and you may accompany the product back to your destination.
We are the primary producers and we also operate tunnels in the Philippines, which is our core business. However, our Philippines product is sold directly to the Philippines Central Bank according to the law.
We do offer partnerships to capable entrepreneurs as a way of expanding our operations in the Philippines, where the dividends are cash, after sale of the product.
If you would like further discussion of purchasing up to 10kg of 22k gold dore bars on a monthly basis, please inquire and we are happy to make a live call with you to work out the details.
Mining in Papua New Guinea
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Historical Context: Mining has been a key industry in PNG for decades, with major projects like the Ok Tedi, Porgera, Lihir, and Bougainville mines being significant contributors to the economy. The mining sector accounts for a significant portion of the country’s GDP and export revenues.
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Regulatory Framework: The Mineral Resources Authority (MRA) oversees the mining industry in PNG, ensuring compliance with laws and regulations. The government has implemented policies to balance economic benefits with environmental protection and community interests.
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Economic Impact: The mining sector provides employment opportunities and generates revenue for local communities and the national government. However, it also faces challenges such as environmental degradation, land disputes, and social impacts on local communities.
Alluvial Gold Mining Methods
Alluvial gold mining in PNG involves extracting gold from riverbeds and floodplains, where gold has been deposited by natural processes. Various methods are used to recover alluvial gold, including:
1. Panning:
Description: A manual method involving swirling water and sediment in a shallow pan to separate gold particles from other materials.
Usage: Commonly used by small-scale miners due to its simplicity and low cost.
2. Sluicing:
Description: Involves directing water through a sluice box lined with riffles to trap gold particles while allowing lighter materials to wash away.
Usage: Widely used because it is more efficient than panning and can process larger volumes of material.
3. Dredging:
Description: Uses floating dredges to excavate riverbeds, pumping sediment through sluices or jigs to recover gold.
Usage: Employed by medium-scale miners; can be highly effective in rich deposits but requires significant investment and infrastructure.
4. Highbanking:
Description: A combination of sluicing and dredging, where miners use pumps to bring water and sediment to elevated sluice boxes.
Usage: Offers flexibility to mine areas away from the immediate riverbank and process more material than traditional sluicing.
5. Cradling (Rocking):
Description: An old method using a wooden box rocked back and forth to separate gold from sediment.
Usage: Less common today due to the availability of more efficient methods.
6. Trommels:
Description: Rotating cylindrical screens that wash and classify material, with gold recovery occurring in sluices or jigs attached to the trommel.
Usage: Used by larger-scale operations; can process significant amounts of material efficiently.
