Foreign Investors

Foreign investors warned

Bougainville President Ishmael Toroama made this statement following the Bougainville Executive Council’s decision to refuse the mineral licence applications by joint-venture entities involving Wyndale Holdings Pty Ltd and its local partners.

The Bougainville Executive Council (BEC) is the authority on Bougainville that grants mineral exploration license applications upon advice from the Bougainville Mining Advisory Council.