THE MINERAL DEPOSITS AND .MINING INDUSTRY OF PAPUA-
New mines opened in the ensuing period included the 80,000 oz a year Simberi mine, now undergoing expansion; the small Sinivit heap leach mine, which has since closed; the gold-silver Hidden Valley mine and the US$2.1 billion Ramu Nickel mine, the first mine in PNG to be owned and operated by a Chinese company, China Metallurgical Group Corp or MCC.