The Papua New Guinea Chamber of Mines and Petroleum has again reiterated its calls to government to invite resource industry expertise to consult on its proposed changes to the mining and petroleum sectors. This follows both the Minister for Mining and the Minister for Petroleum and Energy cancelling their participation in a virtual seminar hosted earlier today by the Chamber.
Directly and Indirectly
↣ Social Contributions | ↣ Economic Contributions
WHAT WE DO
World Class Mining & Petroleum
Promotes world-class, sustainable mineral and hydrocarbon exploration, production, and processing.
Supporting a safe and viable resource industry that is environmentally and socially responsible to the welfare of impacted communities, and the people of Papua New Guinea.
Wellbeing and Prosperity
Committed to the wellbeing and prosperity of current and future generations of PNG.
How much is the industry contributing to Papua New Guinea?
Papua New Guinea has a well-established mining industry, attracting investment from many of the world’s leading mining companies. Minerals currently being mined include gold, silver, copper, nickel and cobalt.
The PNG Chamber of Mines & Petroleum is alarmed at the PNG Government decision to fast track the adoption of Production Sharing Contracts for mining and petroleum in place of the Royalty/Tax Concessionary System that has operated successfully since independence.