Mineral Resources Development Company

No sale of Fiji resort: Mano

This follows the previous announcement by Prime Minister Peter O’Neill in Parliament recently.

Responding to questions from this newsroom, Mano said there was no sale but offers were made.

“Currently there is no sale as announced by PM,” said Mano.

“There are a couple of very good offers which management is looking at but ultimately the decision to approve the sale will be the shareholders who will decide, based on their expectations and aspiration,” said Mano.

Pipeline benefits for LOs

Speaking at the launching of the Boera Primary School teachers’ accommodation on 23rd October, Mano said they will start the process of opening the accounts so that landowners from the segments can elect their directors.

This will enable the flow of benefits – such as royalties – to them.

Electricity for SHP school

The Mineral Resources Development Company-initiated program, under its community initiative program, will see the official commissioning of a genset today by MRDC Managing Director, Augustine Mano.

Kagua Secondary School has had no proper electricity supply for more than 20 years.

All classrooms, administration office, teachers’ houses, dormitories the library will now have power while students will be able to have night studies in the comfort of their rooms, classrooms or library.

POM 9s grand final today

The draw:

Men’s Bowl: Tarangau vs Kone Storms

Women’s Plate: Hohola Flies vs POM Souths

Men’s Plate: Wests (1) vs Royals (2)

Women’s Cup: Paga Panthers vs Royals

Men’s Cup: Hohola Flies (1) vs Tarangau (2).

Tournament coordinator, Meke Maino, said everything is set to go ahead and there will be no disruptions.

He said the finals plus the presentation will finish before 4pm for the SP Hunters training.

The Mineral Resources Development Company-sponsored tournament has put up K23,500 in prize money.

Meaningful participation by landowners needed

Mineral Resources Development Company (MRDC) Managing Director, Augustine Mano, said this on Tuesday during the Inaugural Petroleum and Energy Summit in Port Moresby.

Mano told existing and potential investors that equitable participation across the value chain of projects was needed to off-set falling oil prices which significantly affected royalty payments for landowners.

He highlighted 2016 and how low commodity prices and forex issues significantly affected landowner royalties.

MRDC responds to allegations of funding the Government camp in Alotau

“It is with much disappointment that the Board of MRDC is placed in a position where it is forced to respond to comments implying that the managing director of the Company withdrew funds, which are under trust management arrangements, for purposes of facilitating the Government’s meetings as well as the political developments in the last seven days,” MRDC said in a statement.

Life PNG Care stage back to school fun day

The SPEP helps to keep up to 75 street kids enrolled in schools in the National Capital District.

The kids participated in a photoshoot, interview with the media, lunch provided by the Mineral Resource Development Company and some fun and games to end the day.

The kids range from as young as 6 to 19 years old and come from different types of backgrounds and include orphans and neglected or abandon children.

Eight of the older kids are enrolled at Gordon Secondary, Port Moresby National High, Marianville Girls Secondary and Koiari Park Adventist High School.

Life PNG Care gets K5,000 assistance

LPNGC helps to keep disadvantaged and vulnerable children away from the streets and in school.

The donation will go towards LPNGC’s ‘Strongim Pikinini Education Program (SPEP) to keep up to 75 street kids enrolled in schools in the National Capital District.

The kids from as young as 6 to 19 years old and come from different  backgrounds and include orphans and neglected or abandon children.Twenty of the 75 kids were females.

The kids are enrolled in four secondary and 10 primary schools.

PMMI building closure notice lifted

Mineral Resources Development Company (MRDC), the owner of the building in a statement said: “The NCDC Health Inspectors last Friday inspected PMMI Building and to their satisfaction issued a clearance notice lifting the condemnation on the building.”

The building was issued an indefinite closure notice on Friday January 8 by the town authority because the air conditioning system of the building broke down creating unpleasant and non-conducive working environment, posing health concerns for tenants and the general public at large.