The New Porgera Limited has refuted false claims posted online by ‘The Pacific Guardian’ which was published without any attempt to seek comment.
Porgera (Jersey) Limited and Barrick (Niugini) Limited, who each jointly owns Barrick Gold Corporation, in a statement said they rejected the claims published.
“Barrick has not sold any part of its interest in the Porgera Mine, whether to Zijin or anyone else and remains the operator of New Porgera Limited (NPL). Any suggestion to the contrary is entirely false.
The post misrepresents the Independent Consumer and Competition Commission (ICCC)’s public notice about a proposed transaction.
As the ICCC’s public notice makes clear, there has been no change whatsoever in the ultimate ownership of BNL.
Barrick and Zijin, as 50/50 owners of both PJL and BNL, have merely undertaken an internal corporation restructuring for simplification purposes,” NPL said.
NPL added that this restructuring does not alter ownership in any way.
“Moreover, ownership of New Porgera Limited , the entity that is a shareholder in the Porgera mine remains entirely unchanged. Both before and after the restructuring each of Barrick and Zijin will continue to hold 24.5% stake in the mine,” NPL said.
NPL added that this post appears to be part of a broader disinformation campaign that serves no constructive purpose.
“It also contains offensive remarks, which we will not dignify with a response. We strongly encourage The Pacific Guardian to conduct proper fact-checking before publishing such content and issue a full retraction immediately,” NPL said.
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