Appointment of Garry as MRA director applauded


Opposition Leader Patrick Pruaitch has applauded Jerry Garry’s appointment as new managing-director for Mineral Resources Authority (MRA).
Pruaitch said in a statement that Garry had excellent credentials and an impressive track record for his new role.
He said Mining Minister Johnson Tuke had done well in making this appointment.
Pruaitch said it was clear this had happened because good procedures were followed with minimal political interference.
Garry takes over the helm of MRA at a time of considerable uncertainty in the global economy and rising confidence about implementation of major new projects.
“He will have the honour of leading one of PNG’s most-competent Government organisations which, under former managing-director Philip Samar, has built a highly-professional organisation that is respected by industry for its regulatory role over exploration and mining activities,” Pruaitch said.
“As an economic geologist with global experience, it is pleasing to hear Garry’s confident remarks that the minerals sector will continue to play an important role in the PNG economy for at least another 100 years.
Garry will have the important task of steering planned development of the multi-billion-dollar Wafi-Golpu and Frieda River copper-gold projects.
“Part of this success will flow from steering of respective development forums to ensure adequate benefit streams flow to landowners, and that world-class environmental monitoring and management systems are in place.”
Pruaitch said the global environment, as well as uncertainties over PNG’s future mineral policies, had contributed to a steady fall in exploration spending from well over K500 million in 2013 to less than K350 million at present.

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