Bougainville landowners want Panguna joint venture

2:14 pm on 10 March 2017

A landowners' group at the site of the Panguna mine in the autonomous Papua New Guinea region of Bougainville wants a joint venture to start mining there again.

Bougainville's Panguna Copper mine

Bougainville's Panguna Copper mine Photo: Supplied

The original miner at Panguna, Bougainville Copper Ltd, recently laid out a timeline through to 2025 for a possible resumption.

The chairman of the Osikaing Landowners' Association, Lawrence Daveona, along with a group called the Me'ekamui Government of Unity, said it was happy to consider a return to mining, but it would want BCL to enter into a joint venture deal with a company of the landowners choice.

"BCL would open the mine with our participation, in which we, the Osikiang landowners, we have our partner, who will partner with us, in a joint venture arrangement with BCL - that is our position."

Mr Daveona said any progress on mining had to involve direct negotiations with the landowners before any exploration licences were issued.

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