Tags » Chinese Mining

Foreigners barter for control of Frieda river mine while landowners have no say

Big profits to be made in this foreign auction of PNG resources – but none of that money will filter back to PNG…

PanAust Rejects New A$1.1 Billion Guangdong Offer as Too Low… 230 more words

Papua New Guinea

Chinese increase stake in Frieda river mine ahead of takeover bid

Chinese build PanAust stake

Barry FitzGerald | The Australian

Low expectations of a rival bid emerging have allowed Chinese state-owned Guangdong Rising Assets Management (GRAM) to ramp up its stake in its $1.1 billion takeover target PanAust at its bid price of $1.71 a share. 411 more words

Papua New Guinea

Chinese government bid to take control of Frieda river mine

With the Chinese government already responsible for pumping millions of tonnes of toxic tailings into the sea in Madang, what future for the Sepik river if the Chinese get their hands on the Frieda mine? 469 more words

Papua New Guinea

Ramu mine suffers as Mother Nature bites back

Dumping millions of tonnes of toxic waste into a pristine marine environment was bound to have consequences. Maybe severe rains and flooding was not what was expected – but Mother Nature moves in mysterious ways… 213 more words

Papua New Guinea

Lima Mullung & others fetching bones from the dog, MCC

While the Basamuk people are arguing with the Chinese miners at MCC over the ‘tonnes of toxic chemical’ spill at Basamuk Bay in Madang Province, Lima Mullung, the said Basamuk Landowners Association Chairman got on an MCC boat and ran off to town. 576 more words

Papua New Guinea

Schizophrenic MRA dancing for its colonial masters

Whoever is in charge of the agenda at the Mineral Resource Authority it surely isn’t anyone with an ounce of sanity or the best interests of PNG in their heart. 721 more words

Papua New Guinea

Another MCC 'tonnes of toxic chemical' spill

Yet another toxic chemical spill has taken place at this Chinese-owned Ramu Nickel Mine in Madang Province and yet the Chinese at the mine tell the people ‘IT’S OK’. 286 more words

Papua New Guinea