BREAKING NEWS!! BARRICK SALES OF POGERA GOLD MINE TO ZIJIN (CHINESE STATEOWNED COMPANY)
- Kotu Akema
- Mar 22
- 2 min read

WHAT PATRIOTIC PNGeans HAVE SUSPECTED ALL ALONG HAS NOW HAPPENED? THE CHINESE COMPANY ZIJIN NOW OWNS 100% OF THE 49% AND BARRICK WILL NOW EXIT THE PORGERA MINE BECAUSE IT'S TOO DANGEROUS. BARRICK AS A PUBLICLY LISTED COMPANY HAS BEEN ASKED BY THEIR LONDON INSURANCE COMPANY TO EXIT AS THEY WILL NO LONGER CONTINUE TO INSURE THEM IN LIGHT OF THE ESCALATING LAWLESSNESS.
The Chinese company, Zijin, does not need a London Lloyd Insurance company because it's a Chinese State owned company. The Landowners have been telling the State SNT, MRA, PMJM, MRE and Governor Ipatas. They have become mute, deaf and dumb.
In the National Interest, the State must stop 🛑 this sale immediately because Barrick has been fraudulent and misleading and not transparent in its dealing with the State and the agencies. They kept on telling us all along that this sale will not happen. They lied. Mark Bristow cannot be trusted. He just wanted the License to be granted (thanks to Marape and Ipatas), sell and run!
If Mark Bristow wants to sell, why can't he sell to Kumul Minerals/State or the landowners? Why are they not being given the opportunity? ICCC must stop this sale because the Landowners and Enga Provincial Government had the pre-emptive rights in SML1 which have been removed in this new deaf, damn and mute New Porgera deal? The legality of this new deal is still a matter in PNG Courts and subject of International Arbitration already filed and Dr Eric Kwa, representing State has already consented.
How can you now acquire these shares, Mr Marape and Mr Ipatas? Your friend Mark Bristow has conned you two. Why are you two acting as proxies for this fugitive Mr Mark Bristow?
When you come to Wabag Town on 31st March, you two must come with an answer for the Landowners. The CDA has not been signed, the Landowners have not yet given the social License and the above deal has been going on secretly with ICCC? Currently Barrick is trespassing and fraudulently selling somebody else's (landowners) asset. Issues on CDA and legacy issues of 30 years and legality of granting of SML, 9 and SML 13 are still in court.
Unbelievable, Mr Marape and Mr Ipatas. Spare a thought for your people please!!!
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