European Investors seek interest to build Gold Refinery in PNG

 EUROPEAN INVESTORS EXPRESSES INTEREST IN PARTNERING WITH THE STATE TO ESTABLISH A GOLD REFINERY IN PNG

A group of investors in Europe have expressed interest in partnering with the State to build a gold mining refinery in Papua New Guinea.

Gold bars

PNG's Ambassador to Belgium and the European Union and the Commissioner-General to Expo2020, Joshua Kalinoe, says currently PNG is putting together a package on the gold bullion and precious metal refinery to take to the World Expo2020 in Dubai.

This is in line with PNG's targeted approach towards its participation in the expo.

Mr. Kalinoe says there may be other investors who will be interested in partnering with the State and people of PNG to go into the refinery.

Meantime, PNG is expected to participate in the Expo2020 in Dubai in October this year.

This international event supposed to take place last year but due to COVID-19, it has been postponed to this year.

Speaking to N-B-C News this week, P-N-G’s Ambassador to Belgium and European Union and Expo 2020 Commissioner General, Joshua Kalinoe, says it is important that P-N-G participate in this event to showcase its natural resources and other things.


NBC / Pacific Mining Watch


Next : K1.05 billion is required to reopen PNG's Porgera Mine

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