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Tolu Mining has a highly regarded mining and corporate team with decades of exploration, mining, and mine restart experience.

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Papua New Guinea is a world-class gold and copper producer, but remains undervalued and under developed.

Tolu Minerals is strategically positioned to participate in the renaissance of the PNG mining sector that is evidenced by the success of TSX listed K92 Mining Inc and recent corporate transactions such Newcrest – Barrick. The company has secured a valuable portfolio of assets including the historically operated, fully permitted, high-grade Tolukuma gold silver mine, a substantial package of adjacent exploration licenses on the Tolukuma epithermal structure and the earlier stage Mt. Penck epithermal gold silver copper exploration license. Tolu enjoys strong support from community and government for the redevelopment of Tolukuma, which is seen as a strategically important project and benefits and company benefits from a strong board and management team supported by an experienced advisory board, advisors and an international team of professionals. Tolu’s portfolio represents a compelling exploration pipeline ranging from Tolukuma gold mine as a historical producer, the adjacent exploration package on the Tolukuma structure and the great potential afforded by the earlier stage Mt Penck project supported by substantial previous exploration programmes.

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Our BusinessA new gold focused listing with three projects in the highly productive New Guinea Metallogenic Belt in the Pacific “Rim of Fire”.Learn more
Tolukuma Gold Mine
Tolukuma Gold Mine
Tolukuma Gold Mine
The engine of the business
The Tolukuma Gold Mine project (TGM) is located in the Goilala District of Central Province of Papua New Guinea, about 100 km north of the capital city Port Moresby. The Project consists of a mining lease, six granted exploration…
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Tolukuma Structure
Tolukuma Structure
Tolukuma Structure
Exploration Upside
A dominant landholding on the high potential Tolukuma epithermal structure.
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Mt. Penck
Mt. Penck
Mt. Penck
Exploration project
The Mt Penck project is an epithermal gold-silver project, comprising a single exploration licence, EL 2662, located in West New Britain Province, Papua New Guinea (PNG). The Property is located adjacent to the north coast of New Britain and is readily accessible by road or boat from the town of Kimbe, located 55 km to the east. Kimbe…
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Tolu Minerals