Barrick Gold Corporation announced on 26 May 2015
that it had sold a 50 per cent stake in Barrick Niugini
Limited to Zijin Mining Group, one of China’s ‘big four’
At a recent Australian National University workshop,
a speaker claimed that China’s Export-Import (Exim)
Bank had offered a 10 billion kina loan to Papua
Australia is the largest bilateral donor to Papua New Guinea (PNG). China became a top donor to PNG in 2014, behind Australia and the Asian Development Bank.