IDC indochine mining limited

mt kare incredible gold results 10 yrs ago+, page-15

  1. 2,622 Posts.
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    So Chuck you state that you dont touch anything in PNG.

    Why is a $26Billion company like Newcrest (Lihir/Wafi Golpu), Australia's largest Gold Miner and one of the world's largest gold miners $41Billion American Barrick Gold (Porgera) are both operating very large volume gold mines in PNG at the minute?

    http://www.barrick.com/GlobalOperations/AustraliaPacific/PorgeraJV/default.aspx

    http://www.newcrest.com.au/operations.asp?category=8

    Exxon is about to expand on its $15Billion oil and gas fields in PNG, in JV with Santos!

    http://www.naturalgasasia.com/exxon-starts-exploring-for-gas-in-png-4425

    Avoiding a country with the natural wealth of PNG is a massive mistake IMHO!

    They don't call Papua New Guinea Treasure Island for nothing!

    DYOR

    Cheers Nectar
 
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