Santos acquires stake in Papua New Guinea exploration …

2016-11-17 · ADELAIDE, Australia -- Santos has signed an agreement to acquire a 20% stake in Petroleum Prospecting License (PPL) 402 in Papua New Guinea. The interest will be acquired from both Oil Search and ...

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The Mineral Resources Authority (MRA) is a government institution established to regulate, grow and sustainably manage the mining (minerals) industry to maximize mineral export revenue for Papua New Guinea. It is the custodian of over 15,000 volumes of exploration reports and over 900,000 data points of mineral data.

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Exploration and development in PNG reveal new …

2022-3-12 · The long wait for the Papua New Guinea liquefied natural gas (LNG) project is now over, and the energy sector is transforming from a major investment vehicle into a primary revenue generator for the economy. In fact, the project is expected to have so much of an impact during its first full year of LNG exports that PNG was projected by the Economist Intelligence …

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Geology and Exploration celebrate 11 Years LTI Free

2022-7-5 · Following a spike in COVID-19 cases on the mine site and in Papua New Guinea, the company began introducing the program on Friday, March 19th, for a period of 14 days. OTML has successfully implemented the research initiative, collecting over 4,000 test samples from its staff, contractors, corporate associates, and families so far.

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Mining Regulation 1992

2018-9-3 · EXPLORATION LICENCE. (1) An exploration licence shall be on Form 1 of Schedule 1. (2) An extension of term of an exploration licence shall be on Form 2 of Schedule 1. ... PAPUA NEW GUINEA. Mining Act 1992. Form 25 – MONTHLY MINERAL RETURN. Act, Sec. 47. FORM 25.Reg., Sec. 25. SCHEDULE 2 – . Reg. Secs. 24, 26, 27, 28. SCHEDULE OF FEES, RENTS ...

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Isina Resource Holdings gets exploration licence …

Bougainville Isina Resource Holdings gets exploration licence . Isina Resource Holdings Limited (IRHL) has achieved a significant milestone by being the first wholly-owned indigenous company to be issued a mineral exploration licence …

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Exploration and production in Papua New Guinea

1996-1-1 · The U.S. Department of Energy''s Office of Scientific and Technical Information

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Licensing – Department of Petroleum & Energy

1. Petroleum Prospecting Licenses. Term: 6 years, plus one 5 year extension. Relinquishment obligations: 50% of initial size, less the area of any PRLs, on extension. Maximum size: Usually 60 graticular blocks, each approximately 9km by 9 km. Application fee: K10, 000. Annual fees: K500 for each graticular block on the anniversary of the license.

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Papua New Guinea International Travel Information

2022-4-18 · The Embassy of Papua New Guinea is located at 1825 K Street, NW, Suite 1010, Washington, DC 20006; telephone: 202-745-3680; email address [email protected] . Visit the website of Papua New Guinea''s Immigration and Citizenship Authority for the most current visa information.

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DEPARTMENT OF PETROLEUM & ENERGY

2020-2-22 · A number of key legislations govern the exploration, development, processing and transportation of petroleum in Papua New Guinea. 1.4.1 Oil And Gas Act 1998 (As Amended) The Oil and Gas Act 1998 (as amended) is the principal legislation that governs petroleum exploration and development and State Entitlement and Benefits in Papua New Guinea.

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Frontier applies for gold exploration license in Papua New …

2017-5-8 · The company lodged, with Papua New Guinea''s Mineral Resource authority, exploration license application 2531, which completely surrounds but excludes the Tolukuma mining lease in the country''s Tolukuma region.

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MINING ACT 1992

2019-9-3 · INDEPENDENT STATE OF PAPUA NEW GUINEA MINING ACT 1992 No. 20 of 1992. _____ ARRANGEMENT OF ... Holder of exploration licence may object to application for an alluvial mining lease, etc. 63. Objector to be given notice of meeting of Board to consider application. 64. Holder of exploration licence may elect to negotiate on the mining of alluvial ...

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Q&A: Oil Regulation in Papua New Guinea

2019-6-11 · A Q&A guide to oil regulation in Papua New Guinea, covering the legal framework, exploration and production issues, competition, international treaties and much more.

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PNG CHAMBER OF MINES

2021-8-4 · The Independent State of Papua New Guinea (PNG) considers the development of the State''s petroleum resources to be amongst its highest priorities. The State is ... PPL is primarily an exploration license. A total of 58 PPLs and 25 operators are active in the country as of July 2021. Due to COVID-19, the number of PPLs started dropping in ...

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ACQUIRING ALLUVIAL MINING LICENSE IN PAPUA NEW …

2022-2-17 · Alluvial Mining Leases grants the holder exclusive rights to mine and exploit alluvial mineral resources within a mineral tenure. The Mining Act 1992 is the principle governing legislation that governs the activity of alluvial mining (small scale mining) in Papua New Guinea.

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Independent Technical Report on the Geology, …

2021-10-25 · technical report on Exploration Licenses (ELs) 2558, 2559, 2650, and 2652 for the Kainantu Gold-Copper Project (the "Kainantu Project" or the "Properties") in Papua New Guinea (PNG). It is intended that this report be used as an Independent Technical Report as part of the regulatory process to seek

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Petroleum Division – Department of Petroleum & Energy

The objectives of the Petroleum Division are as follows: To actively promote the petroleum exploration potential of Papua New Guinea through production of geological reports on basin prospectively. To monitor petroleum exploration and development activities. To administer Petroleum Prospecting, Retention, Development and Pipeline Licenses.

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PNG Mining Industry

The tenements application is the first step to acquiring rights to access land areas in Papua New Guinea for mineral exploration. Please complete Exploration Licence Application Form with necessary supporting documents and submission on a first come first serve basis, in person to the Registrar of Tenements, at the Mining Haus, Konedobu, Port ...

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Mining Regulatory Framework of Papua New Guinea

2020-2-25 · The two primary legislation that govern exploration and mining in Papua New Guinea are the Mining Act 1992 and the Mining Safety Act 1977. The Mining Act principally regulates aspects of permitting whilst the Mining Safety Act governs safety and operational aspects of granted licenses/tenements. In all, the Mining Act sets out the general law ...

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European Exploration in Papua New Guinea

2015-6-12 · Major well-organized expeditions were conducted in the 1920s and 1930s. Murray planned to send patrols into the northwest of the Territory until Papua was fairly well known and then send a party to attempt a crossing to the coast of German New Guinea. In a major journey in 1927-28, C. Karius and I.F. Champion spent four months crossing from the ...

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My short tale of mineral exploration in Papua New Guinea

2018-4-30 · Well, the short answer is that the country is well-endowed in mineral deposits, and hosts some pretty amazing geology as well as unexplored terrain. Sunset with locals fishing in a traditional outrigger canoe, Papua New Guinea. Myself in the jungles of Papua New Guinea. I n 2013 I relocated to Tasmania, Australia, to do a PhD on the Lihir gold ...

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PAPUA NEW GUINEA

2022-6-2 · The Papua New Guinea Mineral Resources Authority has notified Coppermoly Ltd that its Nakru exploration licence has been renewed for two years to December 7, 2014. "We are very pleased to have the Nakru licence renewed," says managing director Maurice Gannon. "Nakru is a very valuable asset in Coppermoly''s portfolio of projects.

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Taxation of resource projects in Papua New Guinea

2015-6-3 · Papua New Guinea Resource Project Taxation 5 Resource development agreements 15 Developers of resource projects will generally enter into a resource development agreement with the Independent State of Papua New Guinea (in addition to obtaining a resource development licence under the Oil and Gas Act or Mining Act). In some instances

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Exploration Coordination

Exploration Coordination Home About Exploration Coordination The Exploration Coordination Branch (ECB) is one of three (3) branches of the Development Coordination Division of MRA. It aims to ensure that exploration activities within Papua New Guinea are conducted within the regulatory and policy framework. ECB Roles and Functions To create a harmonious, equitable …

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Basic Mining Techniques

2022-2-16 · An exploration license is obtainable by any individual or company (foreign or national) from the State on any available land in Papua New Guinea (PNG) except for restricted/reserved lands 20220217 ACQUIRING ALLUVIAL MINING LICENSE IN PAPUA NEW GUINEA - MINING ACT 1992 (Division 4)

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Papua New Guinea: A review and forecast of exploration …

2018-3-15 · Overall, for 2017 the total sale of LNG and gas as reported by Oil Search, resulted in revenue of US $993.1 million, compared to US $ 792.9 million in 2016 for the project. A major milestone moment in PNG''s oil and gas exploration history was the drilling at the Pasca A1 field, in the Papuan Basin, back in late 2017.

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Papua New Guinea, A Last Frontier Of Energy …

2012-1-20 · Here is The Wall Street Journal: According to a BP study, Papua New Guinea had 15.6 trillion cubic feet of proven reserves of natural gas at the end of 2010. That figure likely underestimates the ...

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ACQUIRING MINERAL EXPLORATION LICENSE IN PAPUA …

2020-3-16 · Exploration Licence (EL) Exploration is a very important and crucial stage in the life of a mine with the main objective of identifying target mineral deposits and estimate as accurately the size, shape, characteristics and quality of a mineral deposit ().An exploration license is obtainable by any individual or company (foreign or national) from the State on any available …

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Permitting

Permitting Home Permitting The Tenements Administration Branch is headed by a manager who is also the Registrar of Tenements .The Registrar''s Office administers the PNG Mining Act 1992 which is the Law that regulates mineral exploration and mining in Papua New Guinea. Apart from administering permitting the branch also oversees the revenue from alluvial gold

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Exploration for gold | Papua New Guinea: forty years of …

2022-7-3 · For thousands of years the indigenous people of Papua New Guinea have mined and traded stone implements and ochre, and used clay to make pottery. Gold was first discovered in Papua New Guinea in 1852 as accidental traces in pottery from …

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