This is expected to further enhance and strengthen Papua New Guinea’s position as one of the top twenty gold and copper producing countries in the world.
“The country is rich in minerals. It ranks in the top 20 world gold and copper producers and also produces silver, nickel and cobalt,” the report said.
“Mining in PNG dates back to 1888, with the modern mining industry developing in the mid-1960s.
“During the reporting period, eight mines were operating in Papua New Guinea, distributed over a number of provinces,”