MRA assures new deal for Porgera

MINERAL Resources Authority (MRA) has assured all parties to Porgera Mining that it is committed to completing the review of the revised project memorandum of agreement (MOA).
Acting managing director Nathan Mosusu made this commitment in light of a forum which project stakeholders had in Mt Hagen last week.
He appealed to all parties to continue to exercise common courtesy, respect and understanding while negotiating benefits.
“We must be willing to lose something and gain something,” Mosusu said.
“No one can win everything in a negotiation.
“This comes when you understand and respect the other parties and their views.”
He said it was important to note that Government would continue to facilitate and provide a platform for negotiations going forward, making sure all parties were heard.
In the review forum in Mt Hagen, the parties discussed royalty distribution, special support grants, issues affecting the Porgera Development Authority and other benefits streams.
The parties to the MOA are the State, Porgera Landowners’ Association and Enga government.
Developer Barrick (PNG) Ltd is an observer at present.