Tags » Financial Returns

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

ABG considering large scale mining on Bougainville

 John Momis making his usual superficial and disenguous mining = development pitch…

Troy Taule | PNG Loop

President of the Autonomous Region of Bougainville (ABG), Dr John Momis says the ABG is considering allowing large-scale mining again on Bouganville because of its need for revenue. 190 more words

Papua New Guinea

‘Catastrophic’ impact as Barrick sells assets

Jane Goldsmith | The Australian Mining Review

BARRICK Gold has been hit by allegations of “irreparable” social, economic and environmental change as it flags intentions to offload a majority stake in the iconic Porgera mine, north-western Papua New Guinea (PNG). 267 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

British to cash in on experimental seabed mining in PNG

It might contravene the human rights of local people; it might risk destroying unique eco-systems. traditional customs and indigenous livelihoods; it might breach the international Precautionary Principle; but none of that concerns Rolls-Royce and its greedy shareholders… 164 more words

Papua New Guinea

Solomons govt outlines Gold Ridge plans

Radio New Zealand

The Solomon Islands prime minister has told the Gold Ridge Community Landowner’s Council that the government may look for a company to buy the mine. 94 more words