Bold steps for mining sector

Business, Normal

The National, Friday 14th of February, 2014

AS the mining industry faces challenges, the government is undertaking bold steps to rectify mistakes made in the past, Mining minister Byron Chan said.
In his ministerial statement on progress made by mining ministry so far, Chan said PNG’s potential in mining sector was demonstrated by existence of some world class projects, of which they had their own unique challenges.
“Ok Tedi has just been acquired by government and we will be extending its mine life beyond 2022.
“The government will sort out the re-distribution of its acquired interest from PNG Sustainable Development Program (PNGSDP) to strengthen the mine’s sustainability.”
“Pogera has continued to face trespassing by illegal miners and has posed a serious law and order issue that must be dealt with immediately and decisively.
“I will be meeting with relevant law enforcement agencies to ensure that this law and order concern is addressed.”
 he added