Vice President PNG Chamber of Mines and Petroleum

Properly manage extractive industries revenue: Executive

Newcrest Country Manager and Vice President of the PNG Chamber of Mines & Petroleum, Peter Aitsi, said this day during the National Parliament Induction Programme.

In a panel session giving parliamentarians an update on the sector, Aitsi said given that extractive industry projects such as gold mines have a fixed life span, it was important to plan ahead and to use the revenue generated to invest in sustainable avenues such as agriculture.

He said this was to ensure the funds were used to maximum benefit for the people of the country.