Exploration License (EL) 1/2014

BCL asked to show cause

The Mining & Petroleum Review (Vol. 4 Issue 3) reports that the Autonomous Bougainville Government (ABG) Department of Minerals and Energy raised the question following allegations of a breach by BCL of Section 112 (1) of the ABG Mining Act 2015 and a condition of the exploration license.

The development follows a decision by Rio Tinto to offload its equity to the ABG (36.4 percent) and PNG Government (17.4 percent).