Wafi-Golpu ‘similar’ to LNG projects

Business

By SHIRLEY MAULUDU
THE Wafi-Golpu copper/gold project in Morobe has more in common with liquefied natural gas (LNG) development in the country than conventional mining, a senior researcher says.
Institute of National Affairs executive director Paul Barker said the project would be similar to LNG development in terms of the economic impacts.
“It entails very large upfront capital costs, and being a large but very deep mine, it will be largely automated, with little underground human activity,” he said.
“So, there will be a fair amount of work and contracts during the construction phase, but thereafter, it will entail a relatively modest workforce of highly skilled staff operating computers and robotic plant and equipment.
“The mine won’t therefore be emptying large numbers directly in the mine, beyond that construction phase.
“Beyond the tailing, the mine will also have less apparent physical impact on the landscape than, say a conventional open pit operation.
“But the company knows they need their community engagement and support from landowners and mine affected communities.”