PNG Chamber of Mines and Petroleum

Outgoing Chamber director commended

In a statement, the PNG Extractive Industries Transparency Initiative National Secretariat said: “Greg Anderson, who has been at the helm of the industry peak body since 1989, said he was confident the next generation of resource projects will distribute prosperity to a much larger proportion of Papua New Guinea.

“He noted that for the first time in PNG history, exports earned from the industry just topped over K20 billion in 2016 out of the total export worth K24.8 billion.”

Outgoing Chamber director applauded

Greg Anderson, who leaves after 28 years in the role, has been commended by Papua New Guinea Extractive Industries Transparency Initiative’s National Secretariat Head, Lucas Alkan, for being supportive to them.

In a media statement, Alkan said Anderson had been supportive since PNG agreed to implement the EITI reporting process as a candidate country in 2013.

“It’s been a wonderful time working with the PNG Chamber of Mines and Petroleum under the leadership of Mr Greg Anderson, particularly in supporting us implement the EITI reporting in the country,” Alkan said.

Mellam joins Chamber as new executive director

The Chamber Council announced today the appointment of the former University of Papua New Guinea Vice Chancellor to replace Anderson, who has been at the helm of the resource industry association for 28 years.

President of the PNG Chamber of Mines and Petroleum, Gerea Aopi, welcomed Prof. Mellam’s appointment and thanked Anderson for his tireless service to the Chamber and the PNG resource industry.

Mellam brings to the Chamber a wealth of experience, having worked as a senior academic and vice chancellor for more than 29 years at the University of Papua New Guinea.

Chamber of Mines welcomes Frieda River project SML application

The lodgement of the application satisfies a ministerial condition placed on the key Exploration Licence (EL58) that an application for an SML in respect of the Frieda River Mining Project be made on or before 30 June 2016.

The Frieda River Project represents the next generation of mining operations in Papua New Guinea and if developed, has the potential to make a strong contribution to the national economy through the development of major shared-use infrastructure.  

Mining and Petroleum contributors to Govt coffers: Chamber

Anderson said in a statement that the sector have also created thousands of jobs, often in remote locations that require the creation of significant infrastructure and provision of better education and health services.

He made this comments after the government proposes to make changes to the Mining Act.

Anderson said he is hoping that the Government will carefully consider the implications of these amendments for future economic growth and prosperity.

Change to Mining Act may curtail exploration: Chamber

Executive Director of the PNG Chamber of Mines and Petroleum, Greg Anderson said stable government policies and a favourable investment climate are critical for future growth within PNG's resources sector.

He said the sharp drops in mineral and petroleum prices has adversely impacted PNG's current economic outlook but these sectors will return to their traditional role as strong contributors to PNG's economic prosperity once commodity prices increase again.

PNG Loop's 5 @ 5

Prediction: PNG to be world’s top copper miners

http://www.looppng.com/content/prediction-png-be-world%E2%80%99s-top-copper-miners

Papua New Guinea will join the ranks of top copper producing nations in the next decade says PNG Chamber of Mines and Petroleum executive director Greg Anderson.

Zeming: Morobe MPs intact in Government

Prediction: PNG to be among world’s top copper miners

Despite the suspended closure of the country’s OK Tedi mine operation in the Western Province many new copper mines will come into operation in the coming years.

“Two mega projects likely to commence production late this decade are the Frieda River copper-gold project in Sandaun Province and the Wafi-Golpu project in Morobe Province,” Anderson said.

“Both are among the largest undeveloped copper deposits in the world, where production will last for many decades.