Local boys who pan and dig for gold were in Buka town searching for buyers, some with up to 20 kilograms of gold in their possession.
But according to locals, the sad news is the market has been corrupted by crooks that are going around lying to people that the gold price is at around K150, K200 to K300 per gram.
The highest price right now for PNG is K116 per gram, but a lot of gold diggers are still reluctant to come out with their merchandise because of the bogus prices being imposed by individuals.
