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Mineral Resources Authority Papua New Guinea
EXPLORATION AND
PROSPECTIVITY IN PNG
Licences Key
142° 144° 146°
Current Exploration Licence
Exploration Licence Under Renewal
Ministerial Reserve
WESTERN
SOUTHERN HIGHLANDS
MADANG
Exploration LicenceUnder Application
0 100 200 km
WEST SEPIKEAST SEPIK MANUS
EASTERN HIGHLANDS
GULF
P A P U A N E W G U I N E A
WESTERNHIGHLANDS
ENGA
148°142° 144° 146° 150° 152° 154° 156°
WEST NEW BRITAIN
ORO
EAST NEW BRITAIN
NORTH
SOLOMONS
MOROBE
CHIMBU
E x p l o r a t i o n L i c e n c e s t o J u l y , 2 0 1 0
148° 150° 152° 154° 156°
CENTRAL
2°
4°
6°
NEW IRELAND
MILNE BAY
12°
10°
8°
17811702
13121392
1682
1436
1708
15741624
1441
16561743
1655
17001701
1657
1659
1658
1821
1583
581654
12121746
17451744
1641
15431444
1766
1597 1468
1391
15591636
1235
18091646
1801 1808
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1724
14385811337
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166914201578
1426
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14561626 16051850
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1748 440 1590
16121674 1811
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1754 1666
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1103 170715481589
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1340
1812 1773
677
1568497
16751193 1305
1815
1849 158516141380
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683
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119614761689 1738
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1825
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1165
1424
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1628
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1396
18131642
15991323
1091
1463 1761
1070
10251324
1673
16721749
1760
1069
1528
1569
1388
1526
1530
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1619
1465
1172
1747
151915321531
1594
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1516
1769
7a
4
567b
23 1
1539
EU Collaborative Projects with Geological Survey
Division in 2010
• Regional geological mapping survey 2010 with GMME & EU GEOMAP - map/publication series compilation
• Regional drainage geochemical survey• Training of PNG geologists (GSD and UPNG )
WBTA 2 and MRA Projects proposed for funding
• PNG Stratigraphic Lexicon / seamless 250K map • Cartography – GSQ & Geodatabase map Cartography – GSQ & Geodatabase map production in ArcInfoproduction in ArcInfo• Geotechnical operations review• Geothermal sites inventory and description
WBTA 2 and MRA Projects
• Updating open file geochemistry data from company reports• Work on developing an integrated Geological
and tenure database• Scanning of all geoscience data in the library
system and list of all open file reports• Core library plans and construction
Collaborative Geophysics training & projects
• Delft University airborne geophysics / remote
sensing interpretation courses • Earthquake survey of the SE Papua (Eastern
Papua Peninsula and Milne Bay Province) with Colombia University, USA.
• Ontong Java Plateau – LIP - JAMSTEC Seismic refraction, Seismic reflection, Marine gravity, Geomagnetics, Sea floor topography (side scan sonar)
Geophysics• Ontong Java Plateau – Large Igneous Province -
JAMSTEC Seismic refraction, Seismic reflection, Marine gravity, Geomagnetics, Sea floor topography (side scan sonar)
Collaborative projects / training
Wafi
Wafi-Golpu Cu-Au Porphyry
Wafi - Golpu Resource
• Pre feasibility study
• Large multiple lodes high sulphidation system
• Drilling to 1800m
• Resource is open to the north
• Au resource – Wafi - 8.8Moz
• Porphyry Cu - Golpu - 4.8Mt Cu
Deliverables from Project E MSSP and GEOMAP
• Fugro Highlands airborne Survey - final data - world’s largest heliborne magnetic/radiometric survey (PROJECT E)
• Multielement geochemistry - 48 element stream sediment survey of 14 map sheets of Area 1 (database and maps)
• Geological Map Publication series• Metallogenic maps
GEOMAP Partners
• British Geological Survey (BGS)
• Deutsche Montan Technologie (DMT)
• Council for Geoscience (RSA)
• Mineral Resources Authority (MRA)
FUGRO GEOPHYSICAL SURVEYMagnetic and Radiometric helicopter survey
Line spacing 4-500m - terrain clearance c.100mArea 1: c. 62,000km2. Area 2: 29,400km2
TMI magnetic of Area 1
BOSAVIGILUWE
Mount Hagen
EU- funded GEOMAP Project
Prospects for the discovery of
new mineral deposits • Prospectivity in PNG is very high with large
underexplored regions• Geochemistry shows potential in areas not
previously explored• Large numbers of streams contain alluvial gold
with no known hard rock source• The development of pre-competitive geoscience
data is bringing major companies to explore in PNG
• THE POTENTIAL FOR NEW DISCOVERIESIS VERY HIGH
Communication strategy
• Long term 5 year targeted, global effort.• Participation in industry conferences and trade
fairs.• Webpage - all information on the internet.• Industry reviews – published regularly.• Articles planted in leading industry publications.• Cooperation with other stakeholders (Chamber of
Mines & Petroleum).
Conferences & trade fairs
• Articles published pre-conference.• Attractive booth, location/lay out: PNG
exotic country with extraordinary geology.• Oral presentation.• Latest exploration results presented.• Special seminars organised.• Private meetings with targeted companies.• All material simultaneoulsy on webpage.
Focus countries
• Canada – global mining junior finance centre.• South Africa – important investor into PNG.• London – global mining majors’ finance centre.• Asia – emerging mining interests.• China – global mining boom engine and latest
investor into PNG.
PNG Facts & Figures at a Glance…
• Mineral dependant economy (65% total export receipts 2009).
• 2.2 million Oz Au, 13.3 tonnes Ag, 200,000 tonnes Cu produced in 2009.
• Contribution from 3x large mines, 2x medium mines, 2x small mines and 80,000 artisanal miners.
• 3x large land base mines, i.e. Yandera, Wafi, Frieda and one offshore mine, i.e. Solwara 1, to commence production in the next 5-8 years.
• Diversification of mineral base (Co, Ni & Mo).
Government Policies & Legislations - Mining Act 1992
• Principal legislation that regulates exploration & mining in PNG- first come first serve basis- EL up to 2,250 sq.km- unlimited renewals provided.
• Also allows- right in priority for mining lease- ML granted for 20 years (and renewable)
• License Types- EL, ML, SML, AML, Lease for mining purpose &
mining easement
Exploration Licences 2006-2009
Active Exploration Licences 2006-2010
0
50
100
150
200
250
300
350
2006 2007 2008 2009 2010
Year
No
Of
EL
s
Exploration Licence Applications2008-2009
0
20
40
60
80
100
120
140
160
2006 2007 2008 2009 2010
Year
EL
Ap
pli
ca
tio
ns
Exploration Expenditure2006-2009
-
10
20
30
40
50
60
70
80
90
2006 2007 2008 2009 2010
Year
EX
PE
ND
ITU
RE
(U
SD
mill
ion
s)
Grassroots Advance (Scoping To Feasibility) Total
Thank you for listening
PNG - a dynamic developing minerals industry
• Mineral Exploration in PNG • Geological Mapping• Geophysics• Geochemistry• Prospects for the discovery of new mineral
Resources
Functions of the Mineral Resources Authority
• Advise Minister on matters relating to management, exploitation, and development of PNG mineral resources• Promote orderly exploration and development of PNG mineral resources• Oversee administration and enforcement of Mining Act 1992, Mining Safety Act (chapter 195A), Mining Development Act, Ok Tedi Acts and Bougainville Copper Agreement Act• Negotiate mining development contracts and MOAs • Conduct geoscientific investigations into PNG geological resources• Provide small scale mining services• Collect, analyse, store, archive and disseminate and publish geoscientific information