Mineral Resources Star Mountains representatives of the 10 villages situated around the Ok Tedi Mine Lease area accepted key offers by Prime Minister Peter O’Neill yesterday to increase MRSM’s shares in Ok Tedi Mine.
The offer includes building of a tailings dam for the safe dumping of mine waste.
These will come into effect after the government takes over PNG Sustainable Development Programme.
The board members support the government’s decision to take over PNGSDP. They claim it has failed to deliver tangible services to the people of Western Province.
Board Chairman Bill Menim said they have allowed the government to distribute the shares, with Western Province accessing most of the revenue from Ok Tedi.