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Showing posts with the label Pogera

WE WILL NOT CHANGE THE GOAL POST - PM

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by JAMES MARAPE MP, PRIME MINISTER To all PNG miners (those in both operations and explorations) we will not change goal posts in between. PNG is a robust democracy that honors all agreements to the text and spirit, congruent to our mining act. Major amendments to the resource law regimes we doing will be effected post 2025 and will not affect those agreements secured under present regimes. You can have that comfort. However Pogera is a special case and is an exception because Barrick’s lease expired on 18th August 2019. My letter to Barrick is on it’s way and will explain this and also allude to formal and legitimate processes of government including MAC’s deliberation that refused application for lease renewal. I have my country’s 8million shareholders including the people of Ipili, Pogera , Enga, environmental footprint areas plus present mine workers to look after. Now that your lease has expired, the legal process is there for Barrick to comply so you can maintain your operati…

An opportunity to kickstart PNG economy

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Rowan Callick The Australian

THE Bougainville mine's development was fast-tracked by the Australian government.
This occured when pressure built at the UN for Canberra to grant early independence to Papua New Guinea.
The mine was intended to provide the new nation with solid income in addition to aid.
In the 17 years from 1972 to 1989, it contributed about 44 per cent of PNG's exports, about 17 per cent of the government's revenue, and 10 per cent of PNG's gross domestic product. It employed 2800 people.
The mine had been built by Rio Tinto in the face of landowner opposition. Women -- through whom land in much of Bougainville is inherited -- lay down in front of bulldozers.
It took until 1980 for the original compensation package to be signed with 600 families.
PNG's decentralisation to 20 provincial governments resulted from Bougainville's threat to pull of PNG in 1976, a fortnight before Australia was due to declare it independent -- threatening to rob the new stat…

An opportunity to kickstart PNG economy

Image
Rowan Callick The Australian

THE Bougainville mine's development was fast-tracked by the Australian government.
This occured when pressure built at the UN for Canberra to grant early independence to Papua New Guinea.
The mine was intended to provide the new nation with solid income in addition to aid.
In the 17 years from 1972 to 1989, it contributed about 44 per cent of PNG's exports, about 17 per cent of the government's revenue, and 10 per cent of PNG's gross domestic product. It employed 2800 people.
The mine had been built by Rio Tinto in the face of landowner opposition. Women -- through whom land in much of Bougainville is inherited -- lay down in front of bulldozers.
It took until 1980 for the original compensation package to be signed with 600 families.
PNG's decentralisation to 20 provincial governments resulted from Bougainville's threat to pull of PNG in 1976, a fortnight before Australia was due to declare it independent -- threatening to rob the new stat…