Mineral Resources Authority

Amendment gives State access to mineral data

Managing Director of the Mineral Resources Authority (MRA), Jerry Garry, said the amendment was proposed on the back of considerations the country is  missing out on revenue opportunities through tax collection.

He said PNG’s tax to Gross Domestic Product (GDP) ratio is very low at 13.7 percent.

Alliance of Solwara Warriors lodge objection

The Alliance of Solwara Warriors yesterday submitted their demurral on Exploration License 1196 to the MRA.

Speaking to this newsroom, Namatanai representative, Jonathan Mesulam, said they have again and will continue to oppose Nautilus Mineral Inc’s seabed mining project in New Ireland.

K92 resumes underground production

This follows the temporary halt on production after an arson attack by landowners which resulted in millions of kina worth of damages.

K92 announced that following the resolution, full return to production was expected by October.

The arson attack was a result of discontent by the Bilimoia Interim Landowner Association (BILA) who claimed outstanding issues had not been settled by the company.

Tolukuma remains problematic

The Mineral Resources Authority states that the issues have stalled return to production under new owners Asidokona.

This is five months after the revised Memorandum of Agreement (MOA) was signed between the State and Asidokona for the re-birth of production.

The signing was snubbed by landowners who are still crying foul over outstanding issues.

During the signing, Asidokona Executive Director, Vincent Siow, boldly stated that Tolukuma would return to full production in July this year.

That, however has not eventuated.

​Preps underway for Kainantu MoA review

Mineral Resources Authority (MRA) Managing Director, Philip Samar, said a series of consultations will take place before the actual review process begins.

Currently, MRA is brokering resolutions to an eight-point petition that the Bilimoia Interim Landowner Association (BLA), which represents landowners from the mine site, want addressed.

MRA stepped in to address the petition following the arson attack on mining equipment by locals last week, forcing mine operator K92 Mining Inc to temporarily shut down production.

Resolution points set for K92 Mine

This follows the closure of operations at the Mine following an arson attack by landowners resulting in millions of kina in damages to the mine property.

In a media conference today, MRA Managing Director, Phillip Samar, said the resolution is yet to be agreed to by all parties which he will meet later this week.

Samar said the unsuspecting attack on the mine was a result of outstanding landowner issues which Bilimoia Interim Landowner Association (BLA) claim have not been met.

Mining sector sees a rebound in 2016 revenue

This is a 38 per cent increase from the preceding year, which recorded K7.2 billion.

According to MRA production reports by mines, Lihir Mine generated the most revenue with K3.57 billion.

Ok Tedi fell in the second spot, generating K2.1 billion (K2, 064b)after an impressive 10 month production run following a hibernation of the mine caused by the El Nino Drought.

Porgera moved down to third spot after generating K2 billion (K1.995b).

Mt Kare Landowners want Minister’s decision to start mine operation

 

John Tarale from the Komai clan, Jeffery Leo and James Kerene from the Heli clan, speaking on behalf of the 12 main clans of Paiala in Enga Province told Loop PNG that it is now 29 years since Mt Kare was first discovered and up until today nothing has happened.

“Our people are dying and were are the next generation of landowners and we want Minister Byron Chan and Summit and MRA to set aside the court case and to start the gold mining operation,” Tarale said.

PNG mineral prospects high

The Minerals Resources Authority said positivity remains high following the registration of the Frieda River and Wafi-Golpu SMLs and the entry of Anglo American, as reported in the Mining and Petroleum Review (Vol.4 Issue 3).

The SML applications have been described as a unique situation in PNG mining history as there has been, on average, one project per decade.

The MRA says active licenses have increased for the period January to August 2016, from 125 to 134 (a 7 percent increase), which is consistent with the renewals increasing from 54 to 68.

Ramu project landowners demand K10 million BDG

The warning was issued on Wednesday during a meeting attended by the four LOA chairmen, Tobby Bare of Kurumbukari LOA, Peter Tai of Inland Pipeline, Jeffery Gamrai of Coastal Pipeline LOA and Sama Mallembo of Basamuk

The chairmen also questioned why the National Government pays close attention to other mining projects in the country by paying their  BDG and ignores its commitment towards Ramu Nickel project landowners.