PNG PM Marape announces Start of Wafi-Golpu Mine

Papua New Guinea PRIME Minister James Marape has announced the commencement of Wafi-Golpu Project with its various permitting process as required by our laws.

The announcement was made in the presence of all elected members of parliament of Morobe Province including State Ministers in a media conference this afternoon.

Morobe Governor Ginson Saonu agreed that NO STAY on the Development Forum.

This means the progress of the Mine will not be sought in the Supreme Court.

Governor Saonu said all provided parties are committed to working together within the broad framework and timetable.

The governor said stricking the right balance for the developer, the state, the landowners and the provincial government can be a challenge, however it is the aim of the Marape-Steven Government to ensure, as much as possible, all parties be given a fair deal on a win-win basis.

This afternoon, a proposed framework and timetable for the completion of the Development Forum as well as permitting stages of Wafi-Golpu project was signed by Mining Minister Johnson Tuke and Morobe Governor Ginson Saonu.

According to the proposed timetable, the resumption of the Development Forum commenced in July 2018 is expected to be completed in the coming months.

On May 31st to June 30, the PNG parties will meet in Lae to resolve their joint positions in all respects.

Department of Mining and Mineral Resource Authority (MRA) will organize this Forume with outcome to be reduced to appropriate Term Sheets for the State Negotiation Team (SNT) to take to stage two.

From July 1st to July 15, the PNG parties through SNT meet with the Developers to submit their positions to negotiate.

On July 20, signing of the MOA and Joint Communique take place signifying the successful completion of the Development Forum.

On 1st August, agreement on the timetable for the signing of the Mine Development Contract (MDC), grant of SML, subject to the issuance of the Environmental Permit and other permitting processes will take place.

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PNG Court allows Barrick Niugini Ltd to be party in mine case

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