Misima Gold And Silver Mine

Kingston sees bright future for Misima gold

The mine boasts a resource estimate of 3.8 million ounces (Moz) of gold and 22.1 Moz of silver, which the company described as a "high leverage opportunity" due to the price of gold. Kingston also emphasised Misima's …

Misima Gold Mine

The Misima gold mine, located on Misima Island within the Milne Bay Province of Papua New Guinea, was operated by Misima Mines Pty Ltd, a subsidiary of Placer Dome Asia Pacific Limited (Placer), between 1988 and 2004. During this period, the mine produced 3.7 Moz of gold and 22.2 Moz of silver.

Shallow, high-grade gold discovered at Misima

The company reported that surface gold and silver assays across a wide area have identified multiple potentially mineralised structures. ... the Solomon Sea. KSN owns 70% of Misima. The JV Partner, PPC, is owned by JX Nippon Metals and Mining (66%), and Mitsui Mining and Smelting (34%). The Misima Gold Project is an advanced exploration asset ...

Misima DFS confirms potential for long-life, low-cost …

gold mine with 1.73Moz Reserve, $956m NPV Forecast gold production of ~2.4Moz over 20 years at AISC A$1,217/oz with compelling project economics, long life, and outstanding …

Kingston Resources moves closer to restart of operations at Misima …

Kingston Resources (ASX: KSN) has posted a June quarter of significant activity headlined by restart activities at the Misima gold project in Papua New Guinea and the Mineral Hill copper-gold mine in New South Wales. The release of a definitive feasibility study for Misima confirmed the potential for a large-scale, long-life, low-cost open pit operation with forecast production of ...

WCB Resources unveils multi-million ounce gold-silver deposit

WCB acquired the Misima mines database from a Barrick Gold (TSX: ABX; NYSE: ABX) subsidiary in late 2012, which Barrick had in turn acquired when it picked up Placer Dome in 2006. Between 1989 and 2004 around 86 million tonnes were mined on Misima at an average grade of 1.46 g/t Au and 15.6 g/t Ag, with recoveries pegged at 91.5% Au and 43.9% ...

Misima Resource drilling delivers additional high-grade …

High-grade silver intercepts are calculated independently of gold with a silver cut-off grade of 24g/t determined using commodity price assumptions, mining assumptions, operating costs and recoveries as published in the Misima PFS and Resource and Reserve Statement (see ASX Announcement 24 November 2020). Previously-reported results

Deep water STD at the Misima gold and silver mine, Papua, …

>The Misima Mine is the pioneer of deep‐water submarine tailings disposal (STD) and discharges at 112‐m depth, well below the zone of major biological productivity (euphotic zone), onto a steep seafloor slope that leads directly to a deep ocean basin. The system discharges approximately 18,000 tonnes of tailings solids per day and has a mix tank with seawater intake …

Kingston remains focused on Misima

Kingston Resources has released its report for the December 2023 quarter as the company continues to progress the Misima gold project. The site is located on Misima Island, 635km east of Port Moresby. Gold was discovered on the island in 1888 and Kingston is now readying it for mining. The company said it remains committed to realising the best ...

3.6Moz Misima Gold Project: Definitive Feasibility Study …

class Misima Gold Project in PNG. Misima hosts a JORC Resource of 3.6Moz Au and an Ore Reserve of 1.35Moz. Misima was operated as a profitable open pit mine by Placer Pacific between 1989 and 2001, producing over 3.7Moz before it was closed when the gold price was below US$300/oz. Kingston has concluded a Pre-Feasibility

Major Mines & Projects | Misima Project

Mine Type Open Pit; Stage: Permitting: Commodities: Gold; Silver; Mining Method: Truck & Shovel / Loader; Mine Life... Snapshot: Kingston plans to leverage off the strong production history at Misima and construct a new treatment facility and modern infrastructure on the footprint of the historic mine, establishing a new standalone, long-life gold mining and processing …

Kingston remains focused on Misima

Porites corals as recorders of mining and environmental impacts: Misima

Deep water STD at the Misima gold and silver mine, Papua, New Guinea. S. Jones D. Ellis. Environmental Science, Geology. 1995 >The Misima Mine is the pioneer of deep‐water submarine tailings disposal (STD) and discharges at 112‐m depth, well below the zone of major biological productivity (euphotic zone), onto a steep …

Misima Documentary

When the mine closed, gold prices were less than $300 USD per ounce, in stark contrast to today's price $1,900 USD, roughly. It's no surprise that Misima Mines earned the nickname "Marginal Mines," a testament to the tenacity of its …

Kingston announces positive Misima exploration update

KSN is the first to explore for gold at Misima since Placer ceased its operation in 2004, having successfully produced 3.7Moz over a 15 year mine-life. Placer had historically mined gold and silver from the Ewatinona, Kobel, and Maika pits producing a combined 147,000oz @ 1.77g/t Au. Ewatinona is located within the Quartz Mountain area of the ...

A Case History of the Development of the Misima Gold-Silver Mine…

The development of a major open-pit mining operation at the epithermal Umuna gold-silver deposit, Misima Island, Papua New Guinea, by Misima Mines Pty. Ltd. was the culmination of over 80 years of prospecting and mining ventures by a wide variety of individuals and mining companies.

Kingston Resources' Misima PFS confirms the potential for …

Misima was a very low-cost operation historically. Under Placer, Misima had delivered LOM average EBIT margins of 37% despite the weak prevailing gold price in its years of operation from 1989 to 2004. Misima PFS. The company had recently completed the Pre-Feasibility Study for its flagship -owned Misima Gold Project in Papua New Guinea.

A Case History of the Development of the Misima Gold …

The development of a major open-pit mining operation at the epithermal Umuna gold-silver deposit, Misima Island, Papua New Guinea, by Misima Mines Pty. Ltd. was the …

Kingston Takes Historic Misima Gold Mine To New Heights

PNG Mine's Resource Hits 3.21Moz Of Gold. Kingston Resources Ltd (ASX: KSN) has achieved another significant increase in the JORC 2012 Mineral Resource Estimate for the historic Misima Gold Project on Misima Island in Papua New Guinea.. The updated Misima Resource has delivered a 15% increase in total gold ounces and 30% increase in total silver …

Out of sight out of mind marine mine waste disposal …

gold & silver mine on Misima island discharged approximately 90 Mt tailings into the solomon sea. the simberi gold mine also uses DSTP and the proposed Woodlark Island gold and silver mine is expected to discharge 12.6 Mt of tailings, also into the solomon sea. EvER-INcREasING WasTE in recent years, there have been numerous examples of the

Underwater Placement of Mine Tailings: Case Examples and …

Jones SG, Ellis DV (1995) Deep water STD at the Misima Gold and Silver Mine, Papua New Guinea. Marine Georesources and Geotechnology 13:183–200. Article Google Scholar ... NSR (1997) Review of submarine tailings disposal. Misima Mine, Papua New Guinea, NSR Environmental Consultants Pty Ltd for Misima Mines Pty Ltd, p 41.

Kingston Resources Limited

Kingston Resources Ltd is an ASX-listed gold and copper company, operating the Mineral Hill mine in Cobar, NSW and advancing the 3.8Moz Misima Gold Project in PNG. Mineral Hill Mine The Mineral Hill Mine …

Porites corals as recorders of mining and environmental impacts: Misima

The Misima gold and silver mine is located at the southeastern side of Misima Island, which is ∼200 km east of the mainland of PNG (10.6°S, 152.8°E) (Fig. 1). Misima Island is a mountainous island consisting of vertical limestone cliffs bordered by a narrow (< 100-m wide) fringing reef that drops steeply to depths exceeding 1000 m (Barnes ...

Porites corals as recorders of mining and environmental …

The Misima gold and silver mine is located at the southeastern side of Misima Island, which is ∼200 km east of the mainland of PNG (10.6°S, 152.8°E) (Fig. 1). Misima …

Kingston Resources reports advanced work on Misima Gold …

Commenting on the December quarter, Kingston Managing Director Andrew Corbett said: "We've hit the ground running in 2022 after finishing last year strongly on a number of fronts. Three key events – the acquisition of the Mineral Hill Mine, the divestment of our interest in the Livingstone Project, and a successful $14 million capital raising – have given us a great …

Misima Gold Project

The Misima open pit gold/silver mine lies to the east of Misima Island, 200km east of mainland Papua New Guinea (PNG). It is owned by Misima Mines Pty. Ltd., a joint venture between …

"Misima DFS confirms potential for long-life, low-cost gold mine …

Photo credit: Kingston Resources - Figure 1: Misima Gold Project site layout Kingston Resources Limited is pleased to advise that it has taken an important step towards bringing the Misima Gold Project into production with the completion of a positive Definitive Feasibility Study (DFS). The DFS confirms the potential for a large-scale, long-life, low-cost …

Misima

Brief of Misima Mining Project Misima was an open pit Gold & Silver mine in Milne Bay Province Operated by Misima Mines Ltd (JV bet. Placer Dome Inc. & Orogen Minerals) from 1989 – 2004, producing 3.8,Moz at an average cost of USD218/oz A small mining project- project size, economics /revenue

Misima Gold Project, Misima Island, Papua New Guinea

Shallow, high-grade gold discovered at Misima

The Misima project is located 625km east of Port Moresby in the Solomon Sea. KSN owns 70% of Misima. The JV Partner, PPC, is owned by JX Nippon Metals and Mining (66%), and Mitsui Mining and Smelting (34%). …