Revised Amendments Ready

Mining Act amendments completed

 

Speaking to Business Advantage PNG, Chan says the amendments are complete, however, there are contentious issue that still needed to be deliberated on.

“Those amendments are there ready for any government to enforce, or to take up. I suppose you have to have the will to do it.

“There are some issues there that are maybe a bit controversial. It is to do with equity, and the compulsory acquisition increase (in) governments’ equity over the next 25 years of the mine life.