Working in a gold mine is tough. There are safety considerations to keep you safe as well as security of the gold itself. There is this saying that “Security increases production”. From ore to processed mill feed to refined gold bullions for shipment. The security challengers are phenomenal at Porgera mine in the Enga Province of Papua new Guinea.
One of these challengers aside from illegal mining activities on the SML, is stopping employees and contractors from stealing the processed gold. Porgera Joint Venture has counter measures in place like electronic security systems, manpower and policies that deter theft but now and again we always come up with idiots with sticky fingers. They lose their jobs on the spot. Sometimes we can find gold bearing material concealed away somewhere inside the process plant, personal lockers, vehicles and even on their bodies.
Guys tried sticking nuggets up their arses hopping the metal detectors won’t find it. They were caught and lost their jobs. Some grow extra pair of balls between the crotch. But they got caught too. I could go on and on but that’s not what this blog post is about.
Actually it’s about calculating the value of gold that could have been stolen or smuggled out of the mine. It helps to get a grip on what workers are actually capable of smuggling for personnel gain. As a security officer this is a vital piece of information. Needless to say, I googled a whole lot of website trying to find a simple online calculator where you just punch in the weight and parts per million from the assay figures, the current gold price and the PNG exchange rate for USD and the answer smiles back at you.
But no…it wasn’t that simple. So I gathered all the conversion data, calculation formulas and hid it in an excel spread sheet. So if you don’t have one of those fancy online gold calculators, you can download it from me if you want.
This is what it looks like:
Here is an example if you want to write it on paper:
1.515kg x 32.150746568628 oz = 48.7083810514714 oz
48.7083810514714 oz x 6304.1 PPM = 307062.504986581
307062.504986581 / 1,000,000 = 0.307062504986581
0.307062504986581 x 1333.20 = 409.38 USD
409.38 / 0.3260 = 1,255.75 PGK
There you have it. Hope you don’t go spreading the good news. It’s a secret.
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Gabriel Pimentel, ABS Managing Director for the South East Asia and Asia Pacific made the comments today during the official presentation of individual operator licenses by the National Information and Communication Technology.
“ABS is a global satellite operator; traditionally we have been providing space segment bandwidth, but we have gone one step further, by not only being a satellite provider but in fact started to develop services on the ground, enabling a cheaper satellite bandwidth we bring which will be passed to the consumers,” Pimentel said.
“We are providing much more competition to the existing (and) established (ISP) providers, and competition always resulted in benefit to the consumers, and in reality we have seen in the markets we have played, the more cost effective services results in more people using these facilities.”
Pimentel said providing ICT services to the rural areas are one of the company’s main objectives.
Meanwhile, NICTA chief executive officer Charles Punaha said, “for NICTA’s perspective, we are fortunate to have an international satellite operator coming into the country.
“It is our hope that it will provide for more competition in the market, and this is something we have been looking forward to for a number of years, and off course will result in the reduction of the current very high satellite bandwidth that has been offered in the market.
“It will result in the reduction on the price,” Punaha said.
National Information and Communication Technology Authority (NICTA) CEO, Charles Punaha today presented the individual operating licenses to Asia Broadcast Satellite (ABS).
ABS has offices in the United States, UAE, South Africa, Germany, Philippines, Indonesia and Hong Kong.
According to company’s website, ABS operates a fleet of satellites serving 93 per cent of the world.
ABS offers a complete range of End-to-End solutions including Direct to Home (DTH), Cable TV distribution (CATV), Cellular Backhaul, VSAT and Internet Backbone services with diverse IP transit through its European, Middle East and Asian internet gateways.
Punaha said one of the requirements was for ABS to incorporate a company in PNG to provide Information and Communication Technology (ICT) services, which the company had complied with.
“ABS has been one of our clients for the last 10 year, and we do filing for them, and also they assist us to do coordination.
“Most satellites are in the PNG filings, except one of them.
“And to this respect, ABS is not a newcomer to NICTA but to this occasion they have decided to open up a local office and submitted their application for licenses, which we will official handover to them three licenses approved by our board,” Punaha said.
The three licenses are;
– Individual Network (facilities and services) license to provide data and internet services over facilities and infrastructures for its customers in PNG;
– Individual Network Gateway License (Gateway) license to provide international connectivity services for international voice and data connectivity; and
– Individual Application License to provide internet services (voice and data) in PNG.
Gabriel Pimentel, ABS managing director thanked NICTA for the trust and confidence in the company and said they will kick the ground running with the licenses.
“We believe PNG is sitting on wealth and needs to be developed on better communication, not only in the developed areas but also in rural areas. “
National Information and Communication Technology Authority (NICTA) CEO, Charles Punaha said the internet rate is very low compared to other countries in the region, and the world.
He said comparing Fiji, which has close to 100 per cent internet penetration, the biggest nation in the Pacific only has 10 per cent of its population accessing internet, but are paying much more for the service.
Punaha said the high cost of doing business in the country and also the geography landscape dictates the cost of accessing the services.
“We must be mindful that the cost of rolling out infrastructure network in PNG is very expensive.
“We also have very isolated communities, for connectivity purposes also contribute to the high cost of rolling out ICT services in PNG.
“And also compounded by the fact that the power grid ends at the fringes of the main towns, so you have operators basically putting up their own generators, providing fuel and solar power, this is very expensive compared to Fiji with small lower islands and the population is evenly distributed,” Punaha said.
He said competition in the ICT market is the way forward to slice the cost of accessing internet.
Meanwhile, in a study carried out by Network Strategies of New Zealand on internet access affordability published on its website in 2016, stated that Papua New Guinea tops the list of 12 Pacific countries with the most expensive internet service, followed by Solomon Islands.
The National Parliament in 2016 passed the Act making it a crime to make unproven allegations about individuals using any information technology medium.
However, the National Information and Communication Technology Authority (NICTA) CEO Charles Punaha brush aside the censorship claims.
Punaha said the new Cybercrime Act is not a form of censorship in Papua New Guinea.
These are some of the comments on our news site.
“It is censorship your highness. You are telling us to watch our mouths when criticizing publicly elected officials – a norm in any democracy. Isn’t that the same as prohibiting people from watching certain movies, etc?” a reader stated.
“People or so called leaders are pushing around to have media under their control is to protect themselves from their corrupt practises so where does this freedom of speech comes in play, shame on you leaders for pushing this agenda around to pass that law,” Arnold Mara commented.
“We need freedom of speech in our country!! We all know that the media in PNG is being controlled by the Government, we need social media to expose corruption and the truth on our Parliamentarians and Senior Public servants’ immoral and unethical behaviours,” another reader commented.