As interest in deep sea mining grows, one question that comes up time and time again is what impact would deep sea mining have on fisheries? Deep sea mining is a new industry as opposed to fisheries, which has long been a leading source of government income, exports, jobs and ...
Mon 11 Nov 2013 -
“Why do we need to base our economy on mining,” asked the Premier of Isabel, James Habu, of more than 150 delegates gathered for the opening of the Isabel Forum on Mining in Buala, Solomon Islands today. Premier Habu said he could not answer the question, but that it was ...
The Papua New Guinea government on September 18 nationalised through parliament the vast Ok Tedi copper-gold mine by 62 votes to none—a move which is expected to trigger the country’s biggest ever legal challenge.
The Autonomous Bougainville Government has announced that its draft mining legislation is a world-first attempt to recognise customary rights to minerals resources. But this claim does not hold up to serious scrutiny…
Pacific islands are set to become the global frontier for a new industry—the mining of minerals from the seabed. The industry carries plenty of potential for controversy, for reasons that should be obvious to anyone familiar with mining on land, in our region and elsewhere. How much of the proceeds ...
While PNG made news for being the first country in the world to issue a licence for deep-sea mining, more and more Pacific Islands countries are getting approaches from companies interested in exploration and exploitation of deep-sea minerals. The questions that arise are—what are the risks? What are the benefits? ...
BUKA, PNG ---Arawa-based self-styled Me’ekamui general Chris Uma has bluntly told the Post Courier news paper that Panguna Mine is non-negotiable till after referendum and Independence.
When you launch a mega-size project of US$15.7 billion, you can expect snag after snag before it takes off. The project with a potential to rake in billions of kina in two years into the developing economy of Papua New Guinea has been no exception.
Discussions between Nautilus Minerals and the state of PNG have failed to resolve a dispute that has halted the progress of experimental Solwara 1 seabed mining in PNG waters.
Gold discovery in Solomon Islands goes back more than 440 years. The yellow stuff was first discovered in 1568 when Spanish explorer Alvaro de Mendana de Neyra arrived at the major island in the nation, Guadalcanal, and named the group Solomon Islands after the King of Israel who had built ...
It was 6pm on a day in March 1996. And Kevin Riria Malopo, a landowner at Gold Ridge, Solomons’ only commercial gold mine outside the capital Honiara, remembers it well.
Not all mineral prices suffered as much hiding as nickel did in the wake of the global financial recession of the last four years.
After a few years when Papua New Guinea and its neighbour and former coloniser Australia seemed to have drifted apart, recently the relationship has intensified immensely.
New Caledonia’s nickel industry is being transformed as new joint ventures and exports to Asia challenge France’s control of the strategic minerals sector.
Fri 01 Feb 2013 -
PORT MORESBY, PNG (THE NATIONAL) ---- Papua New Guinea Prime Minister Peter O’Neill says he will not be pushed by either BHP or PNG Sustainable Development Program (PNGSDP) into extending the mine life for Ok Tedi mine.
Fri 01 Feb 2013 -
PORT MORESBY, PNG (THE NATIONAL) --- POMIO MP Paul Tiensten has called on the government and the people to support deep sea mining in the New Britain waters.
Plans by Australia’s top miner Newcrest to mine copper and gold in Fiji has hit a snag due to agitation by landowners.
Costs up. Foreign dollars up. Forecast profits up. Landowner issues up. Work stoppages up. What’s next for the region’s biggest ever single commercial project as it nears its last quarter of completion in Papua New Guinea?
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