The Autonomous Bougainville Government sees the Panguna reopening process and negotiations as its highest priority. It also foreshadowed “emphatic” action against non compliant would–be miners. Speaking at Kokopo on Wednesday this week during the Joint Supervisory Body meeting between the ABG and the National Government, ABG President John Momis said they hoped the issue will […]
The PNG National Government has allocated K15 million (US$6 million) to the Autonomous Bougainville Government to honour a commitment towards the peace and restoration program. The funding is a development grant to ABG which was part of the peace agreement. Treasury and Finance Minister Don Polye, in his supplementary budget speech to Parliament, said the […]
The Autonomous Region of Bougainville yesterday received K100 million from the national government to help with its development. Prime Minister Peter O’Neill, who presented a cheque for the amount to Autonomous Bougainville Government (ABG) President John Momis in Port Moresby, said the government was committed to ensuring that services continued to flow to the people. […]
Papua New Guinea’s incoming Prime Minister Peter O’Neill has assured foreign investors, especially in the mining and petroleum sector, that the government would ensure that investors who were already operating in PNG would have their positions respected. “My government respects the commitment of foreign investment companies that have been loyal to PNG in both the […]
Moves to re-open the Rio Tinto-owned Panguna copper mine in Bougainville are a step closer after a rebel leader said he was willing to negotiate with the Australian government and Rio Tinto on it.Original Mekamui leader Chris Uma said he was willing to talk to the Australian government and Rio Tinto about re-opening the mine. […]
The directors of Bougainville Copper Limited announce the following audited results of the company for the year ended 31 December 2012 together with comparable results for twelve months to 31 December 2011. Results For the year ended December 31 2012, a loss of K5.4 million has been recorded, compared to a planned loss of K12.2 […]