Kanon holds the Mt Penck, Allemata, Bismarck, Fergusson and Yup River properties in PNG.
NGG holds a 60% stake in Mt Penck, while the remaining assets are held equally by the two companies.
TORONTO-listed Vangold Resources plans a September listing for Kanon Resources, its PNG joint venture with fellow Canadian New Guinea Gold (NGG).
Green light for Wafi-Golpu SML
Edevu hydro operations start in September
Lutheran opposition to Wafi tailings plan
Tolu hopes to replicate Kainantu
BRC opens postal voting applications