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Negotiations For Wafi-Golpu Project Is Set To Recommence



Negotiations for the Wafi- Golpu project will kick start soon says Mining Minister Johnson Tuke. Minister Tuke said this following the outcome of the Wafi-Golpu project’s memorandum of understanding court case.


He said the court case has been dismissed following the Government’s intervention to withdraw from the signed MOU which was also made known to Wafi- Golpu Joint Venture who supports this option as the best way forward to developing this project.


“The signed MOU has lapsed and there is no utility for the MOU to continue as a result, all the key undertakings and deliverables had not been achieved or delivered therefore the parties agreed to withdraw from it.


The basis of the court case was to challenge the signed MOU, however with the withdrawal from the signed MOU, there was no basis or cause of action to pursue in court resulting in the dismissal,” he said.


“I hereby advise that the Mining state negotiation team process will kick in and I will expedite the negotiations and permitting processes in due course after funding is secured. I am hoping to convene the development forum in the first quarter of this year,” he added.


Mr Tuke said parties will re-engage as allowed for in the Mining Act 1992 and all applicable laws of the country’s independent jurisdiction and in line with the current Government’s policy of directives for mineral resources development in PNG that gives the country a fair share.


He said the Mining ministry stands ready to support the National government deliver the Wafi-Golpu project in a manner that is in accordance with applicable laws.


“I therefore appeal to the Morobe Provincial Government, landowners and stakeholders for their understanding and support,” he said. Continue reading at https://postcourier.com.pg/negotiations-for-wafi-golpu-project-is-set-to-recommence/ | Post Courier