Mining In
Papua New Guinea
Mining Projects in Papua New Guinea
Papua New Guinea mining projects coming soon!
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Papua New Guinea Mining Overview
Mine Production Information
Mineral extraction dominates Papua New Guinea’s national economy. The mining industry is in turn dominated by gold mining, with Papua New Guinea producing 60 tons of gold in 2014, up from 57 tons in 2013. Papua New Guinea has substantial reserves of 1,300 tons of gold. However, copper, nickel, silver, and other metals have been increasingly explored and are expected to play a larger role in the national mineral industry.
Value-Added Products
Papua New Guinea as of yet has few processing facilities. Those that exist are mostly for gold and silver.
Major Exports
Gold • Copper • Nickel • Zinc
Market Summary
Barrick Gold’s legal troubles could open up more space for entry into gold mining in Papua New Guinea. Crater Gold Mining is restarting Papua New Guinea mine operations and Nautilus Minerals is leading the growth of deep-sea mining in Papua New Guinea.