Barrick ups offer over Porgera

BARRICK Gold has offered an extra 15% stake in its Porgera gold mine in Enga Province to local landowners, according to a letter from CEO Mark Bristow, in an attempt to break an impasse with the government over the mine’s future.

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Underground at Porgera gold mine

Barrick, the world's second-largest gold miner, was last month refused an extension of its special mining lease over the mine that has been troubled by social unrest and pollution concerns,