Frieda River Project

The Frieda River Project is a large open cast mine - and associated infrastructure in Papua New Guinea.
The deposit is a large copper-gold porphyry deposit.[1]
The project includes a hydroelectric scheme to provide electricity.[2] And it would be serviced by the Frieda River Airport.

The project was originally majority owned by Xstrata,[3] it is now owned by PanAust Ltd after it was bought from Glencore/Xstrata in 2013[4]

Feasibility studies are currently underway.[5]

See also

References

  1. ↑ "Xstrata says revised resource estimate confirms Frieda River’s potential as a very significant copper-gold project - Proactiveinvestors (UK)". Retrieved 2010-11-28.
  2. ↑ "PNGIndustryNews.net + Frieda a standout: Highlands Pacific". Retrieved 2010-11-28.
  3. ↑ Tasker, Sarah-Jane (2010-11-27). "Xstrata invests $125m in PNG". The Australian. Retrieved 2010-11-28.
  4. ↑ http://www.bloomberg.com/news/2013-10-31/panaust-buys-glencore-stake-in-frieda-river-copper-project.html
  5. ↑ "Mining Journal - Xstrata approves Frieda funding". Retrieved 2010-11-28.

This article is issued from Wikipedia - version of the Wednesday, February 10, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.