May 27 (Reuters) - The Porgera Mine in Papua New Guinea
is running without restriction and has enough fuel on site for
40 days, operator Barrick Gold Corp ( GOLD ) said on Monday,
after a massive landslide struck in the province the mine is
located.
The landslide in Enga province buried more than 2,000
people, the government said earlier on Monday, as treacherous
terrain impeded aid and lowered hopes of finding survivors.
The Porgera mine is an underground gold mine jointly run by
Barrick Gold ( GOLD ), China's Zijin Mining Group and stake
holders from Papua New Guinea, according to Barrick website. The
mine was re-started earlier this year after being in dispute for
four years.
Barrick in its statement said the Porgera gold mine is
providing support to the survivors of the mountainside collapse,
which happened 30 kilometres (18.64 miles) from its gold mine.
Shares of Barrick Gold ( GOLD ) were trading up by 1% on the
Toronto Stock Exchange on Monday morning.