Harmony declares maiden resource at Kili Teke prospect

Gold miner Harmony Gold is “thrilled” with the prospect of transforming its Kili Teke resource – the first new porphyry copper-gold deposit defined in Papua New Guinea since the Golpu discovery in the early 1990s – into a major new deposit. Following the declaration of the greenfield project’s maiden resource of four-million gold-equivalent ounces on Tuesday, CEO Graham Briggs said the initial inferred mineral resource estimate for Kili Teke represented an “extremely positive” outcome from the project’s early-stage drilling.