Ramu Nickel The Ramu Project, located 75km south west of the provincial capital of Madang in PNG, contains an estimated resource of 143 million tonnes at 1.01% nickel and 0.1% cobalt.
Frieda Copper The Frieda River copper-gold project is located near the border of the Sandaun and East Sepik Provinces of North Western Papua New Guinea, Xstrata Copper holds 81.82% of the Frieda River copper-gold project, a joint venture with Highlands Pacific Limited (18.18%)
Horse/Ivaal/Trukai, Nena and Koki deposits (collectively the Frieda District) have an overall resource estimated at 12 million tonnes of copper (26 billion pounds) and 18.5 million ounces of gold and collectively forms one of the world’s largest undeveloped copper and gold deposits.
Star Mountains
The Star Mountains Project is the principal focus of the 2011 Highlands Pacific exploration budget. The project includes two exploration licenses (ELS 1312 – Nong River and ELS 1392 – Tifalimin) located in the Star Mountains approximately 25km north of the OK Tedi copper-gold mine.
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