PM Marape announces disclosure of ‘relavant information’ regarding gold refinery

By: PNG Business News June 15, 2023

Photo: PM Marape at the launching of the National Gold Bullion Policy 2023 last month. With him is Acting Minister for Commerce and Industry Hon. Soroi Eoe

Prime Minister Hon. James Marape has affirmed that the pertinent details concerning the proposed gold refinery will be made available to stakeholders and plaintiff Justin Parker of Golden Valley Enterprises Ltd.

In response to a successful Supreme Court stay that was secured by State lawyers following a National Court order sought by Parker, PM Marape addressed the issue (Tuesday, June 13, 2023).

“Despite a Supreme Court issuing a stay on the National Court order, we will still provide relevant information on the gold bullion project for public interest and transparency,” stated PM Marape.

“As a responsible government, we are committed to providing all stakeholders and Golden Valley Enterprises with the necessary information pertaining to the project and its scope. This commitment is not intended to question the National Executive Council process.

“We will ensure transparency by supplying sufficient information that outlines the project’s objectives and implications. There will be no secrecy surrounding this value-added project, which serves the national interest.”

PM Marape emphasised that the disclosure would encompass crucial aspects such as the genesis of the project, the identities of the project proponents, and the project’s scope. “It is essential to maintain decorum and respect for the Cabinet process throughout this disclosure,” he said.

 


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