"China’s Zijin Mining has warned Papua New Guinea that its failure to renew the lease of a gold mine it jointly owns with Barrick Gold Corp there could damage bilateral relations. Papua New Guinea on Friday said it would not renew a 20-year mining lease at its Porgera gold mine, citing environmental damage and social unrest even as gold prices have soared to more than seven-year highs"
Looks like things are coming home to roost. maybe quack! Bullies!
Quack to PNG!
imo!
NKP Price at posting:
9.9¢ Sentiment: Hold Disclosure: Held
