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Barrick and Zijin Contribute $1 Million to Support Papua New Guinea Landslide Victims

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Barrick Gold and Zijin Mining Group have announced a $1 million contribution to aid communities in Papua New Guinea's Enga province following a devastating landslide in Mulitaka, which claimed approximately 600 lives. The aid includes monetary and in-kind contributions, with the Porgera gold mine providing additional support such as manpower, relief supplies, and construction equipment. Barrick's efforts are coordinated with various international and national bodies to streamline relief and recovery operations. The mine has also sourced containers for relief supplies and is evaluating the use of radar for monitoring the affected area.

Positive
  • Barrick and Zijin's $1 million contribution will support disaster relief in Papua New Guinea.
  • Porgera gold mine's involvement includes delivering relief supplies and providing manpower.
  • Coordination with international bodies ensures streamlined relief efforts.
  • Donated equipment includes an excavator and a bulldozer for clearing operations.
  • Plans to use radar for monitoring the slip site demonstrate proactive measures.
Negative
  • The landslide has resulted in an estimated 600 fatalities, highlighting significant loss and tragedy.
  • Potential impact on Porgera’s operations due to diverted resources and manpower.
  • Uncertainty in the effectiveness of temporary measures for supplying food and fuel to Porgera valley communities.

PORT MORESBY, Papua New Guinea, June 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and JV partner Zijin Mining Group announced today that they would jointly contribute US$1 million (Kina 3.8 million) to help communities in Papua New Guinea’s Enga province in the wake of a landslide in Mulitaka that has claimed an estimated 600 lives.

A team of senior Barrick executives has spent the week in PNG visiting the disaster site and working with the provincial and national governments as well as officials from the United Nations, the Asian Development Bank, Australia, New Zealand and the United States to coordinate relief and recovery activities.

In addition to monetary and in-kind contributions, the Barrick-operated Porgera gold mine is supporting the Enga Provincial Government with manpower at the disaster operations center in Wabag. Five New Porgera Limited (NPL) employees have been seconded to advise and assist the operations center with logistics, inventory, community relations and media.

The mine delivered its second donation of relief supplies to the Mulitaka disaster site last Friday, including food, medical items and tarpaulins for temporary shelter. It has also sourced eight shipping containers to store relief supplies and dispatched construction personnel to scope the installation of additional structures and water tanks.  

NPL has mobilized an excavator and a bulldozer to assist with clearing operations and has converted a truck to be capable of pulling a float to help transport equipment. The mine is also looking at the viability of using radar to help with monitoring at the slip site.

Additionally, NPL is working with the Enga provincial government on temporary measures to bring much needed food and fuel to the Porgera valley communities, which depend on the Highlands Highway for essential supplies.

Barrick president and chief executive Mark Bristow says NPL is working closely with the Enga Provincial Government to continue the relief efforts on the ground with key stakeholders from the donor agencies, government and other resource companies. “Porgera stands ready to provide additional relief and assistance to support impacted families and communities during this time of need,” he said.

Enquiries

Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: barrick@dpapr.com

Website: www.barrick.com


FAQ

What are Barrick and Zijin doing to help Papua New Guinea landslide victims?

Barrick and Zijin are contributing $1 million to support relief efforts, including monetary aid, supplies, and manpower.

How much is Barrick contributing to the Papua New Guinea landslide relief?

Barrick, in partnership with Zijin, is contributing $1 million (Kina 3.8 million) to the relief efforts.

What is the role of the Porgera gold mine in the Papua New Guinea landslide relief?

The Porgera gold mine is providing manpower, delivering relief supplies, and offering equipment for clearing operations.

How many people died in the Papua New Guinea landslide?

The landslide in Mulitaka, Papua New Guinea, has claimed an estimated 600 lives.

What kind of support are Barrick and Zijin providing to the landslide victims?

Support includes monetary contributions, relief supplies, manpower, and equipment for disaster relief operations.

Barrick Gold Corp.

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