Landowners of Wafi-Golpu get K30,000 in royalty

Business

LANDOWNERS of the Wafi-Golpu gold mine in Morobe have received K30,000 as their royalty from Hidden Valley Gold mine.
The Wafi-Golpu gold mine is located in the Mumeng local level government of Bulolo district.
They received their share last Friday from the Hidden Valley Landowner Association last Friday at Hengambu.
The three landowner clans are Hengambu, Yanta and Buabaf. It represents 0.5 per cent share of the royalties.
Wafi-Golpu gold mine landowners association president Paul Yanam appealed to the Government to provide support and services. Yanam said he needed support to see the company bring development to the area through the assistance from Morobe provincial government.
HVLA president Rex Mauri gave the money to executives of Wafi landowners association who then distributed it to women representatives of three villages – Hekeng, Gingen and Bavaga – in Hengambu. They each received K10,000.
Wafi-Golpu group joint venture community affairs manager David Masani commended the leaders of the two groups for promoting good leadership.
Wafi-Golpu is an advanced exploration project which is approximately 65 kilometres south-west of of Lae aand is owned by the Wafi-Golpu Joint Venture, one of three unincorporated joint ventures between subsidiaries of Newcrest and Harmony Gold,
The project has mineral resources estimated to contain 26 million ounces of gold, 8.8 million tonnes of copper and 48m ounces of silver.