Panguna: BCL, not RTG, has first right

BOUGAINVILLE Copper intents to step up community engagement as it works towards a staged development plan for the Panguna copper-gold mine on Bougainville Island.

  • Staff Reporter
  • 10 July 2017
  • 05:24
  • News
Panguna: BCL, not RTG, has first right Rob Burns

Related Content

This was announced by BCL chairman Rob Burns, who said a "genuine commitment to stakeholder engagement underpinned the development plan and the company was putting in place the necessary resources and personnel to step up its on-the-ground activities in Bougainville" over the coming months.
 
"We fully understand that building trust and widespread support among all relevant parties, as well as the people of Bougainville more broadly, is essential if the aim of renewing mining at Panguna is to be realised," he said.
 
"By working collaboratively with all groups, we have every confidence that outstanding issues can be resolved and the necessary benchmarks can be met for the project to advance," Burns said.
 
BCL said it noted recent comments by a third-party company, RTG, that it had been nominated by one of nine landowner associations as a development partner in a Panguna project.
 
Burns said it was important to stress that BCL's first right to develop the Panguna tenement was clear and unambiguous under the Bougainville Mining Act 2015. He also noted RTG's pledge to "fully respect" this right.
 
"There can be no doubt that we are totally committed to exercising our right through the implementation of our development plan, which has the full backing of the Autonomous Bougainville Government (ABG) and broad endorsement among the landowner associations," he said.
 
Burns said it was unfortunate that there was some dispute over the leadership of one of the nine land owner associations and BCL was hopeful of a lasting resolution of the issue and would continue to work collaboratively with all landowners.
 
"We know there are people with different views, but equally we are encouraged by the levels of support we have received to date and will work hard to further build our relationships,"Burns said.
 
He added that the people of Bougainville had a big stake in the BCL of today, with the ABG a major shareholder.
 

PNGIndustry newsletter

Mining

Mixed bag for PNG in new risk report

Mixed bag for PNG in new risk report

Mining Journal World Risk Report (featuring MineHutte ratings)

LNG

Inpex gets gas contract to 2028

Inpex gets gas contract to 2028

Questions remain around Indonesia's declining gas demand

Community

Tuvalu terror of rising seas

Tuvalu terror of rising seas

People fear for future