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Taurus PNG, also known as the Papua New Guinea Taurus Minerals Limited, is a mineral exploration and development company based in Australia. The company's main mission is to explore and develop natural resource projects, specifically focusing on gold and copper deposits in Papua New Guinea.
Taurus PNG has been in business for over two decades and has amassed an impressive portfolio of mineral discoveries in Papua New Guinea. The company has a total of 12 exploration licenses, covering an area of approximately 7,100 square kilometers, and a mining lease for its flagship project.
Their flagship project, the Mt. Fubilan Copper-Gold Mine, is located in the highlands of Papua New Guinea and is regarded as the largest and most significant base metal deposit in the country. The mine is a joint venture between Taurus PNG and a subsidiary of the Swiss-based mining company, Xstrata. The mine began commercial production in 1990 and has since gone on to produce over 3 million ounces of gold and 2 million tons of copper.
In addition to the Mt. Fubilan mine, Taurus PNG is actively exploring several other projects in Papua New Guinea. One of their most promising projects is the Misima Gold Project, located on the island of the same name. The project is currently in the early stages of exploration, but initial drilling results have been promising. The company is also exploring other gold and copper deposits throughout Papua New Guinea.
Taurus PNG is committed to upholding high environmental and social responsibility standards in all of its projects. The company has developed several programs and initiatives to ensure that its mining activities have a positive impact on local communities and the environment. These programs include community development initiatives, environmental monitoring, and reforestation efforts.
In conclusion, Taurus PNG is a mineral exploration and development company with a focus on gold and copper deposits in Papua New Guinea. The company has an impressive portfolio of mining projects and is committed to upholding high environmental and social responsibility standards. They are an important player in the mining industry in Papua New Guinea and have the potential to make significant contributions to the country's economy in the years to come.
Image Name: Taurus Picture
Image category: Taurus / Download Taurus Zip / Parent category: Miscellaneous
License: Creative Commons (CC BY-NC 4.0) / Format: PNG image with alpha (transparent) / Resolution: 300x331
Author: Michael Villareal / Size: 91.7KB / Rating: 2 / Views: 1360
Date Added: 08-07-2021 / PNG Downloads: 429 / ICON Downloads: 169
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