Review of mining laws

Business, Normal
Source:

The National, Monday August 5th, 2013

 LAWS governing PNG’s mining, mining safety and mineral policy legislations are being reviewed to deal with global competition.

A major awareness drive is being planned for the Highlands, Momase and Southern regions from August 13 to 23 for public consultation before the review is finalised.

The Department of Mineral Policy and Geohazards Management (DMPG) is reviewing the principal policies and legislations, including the Mining Act 1992, Mining Safety Act 1997 and Mineral Policy.

Secretary Shadrach Himata said it would include the development of new mining sector policies to develop a globally competitive mineral policy and legislative framework.

He said the review would summarise the evolving trends in the mining industry at both the international and domestic stage, while ensuring a stable regime to encourage progress and development for the state and the people of PNG.