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Talks On Progressing Wafi-Golpu On The Table

The country’s K16.7 billion (US$5 billion), Wafi-Golpu mine project is eyed to start progress soon.

Mining Minister Johnson Tuke, in an update to this newspaper, said his ministry together with relevant agency partners and stakeholders are looking at restarting discussions of the project to get it off the ground.

Mr Tuke said they will be discussing the progress of the mine internally with landowners, government departments, Treasury and all the state negotiating teams.

He said his contribution to the government surrounding the impacts of Covid-19 is to see that Wafi-Golpu is progressing.

“I am thinking I should start processing Wafi-Golpu internally first. I want us to progress and start discussions this week. We have conducted preliminary discussions prior to the court case so now that the court case is deferred and the chances of us going into discussion has to be taken on full now,” he said.

Mr Tuke said he will be in close contact with all relevant authorities and agencies where Wafi-Golpu is concern to come up with a common understanding and as and when the Covid-19 slows down, they will be in talks with development partners.

He said because Wafi-Golpu was granted the license under the current Mining Act 1992 with most of the earlier discussions, current discussions will be centered around 1992. When the new Mining Act comes into existence then perhaps after five or so years they can then migrate into the new Mining Act.

“We want to amend what we have discussed with the PNG Chamber of Commerce and Industry and that communication has already been encouraged,” he said.

“It is nothing different. It has been absorbed with the industry and we came up with a common understanding,” said Mr Tuke He said the Covid-19 crisis will cause our economy to fall, thus, this project will restore some confidence.

Meanwhile, Wafi-Golpu Joint Venture head of external affairs David Wissink confirmed late yesterday afternoon that WGJV is yet to receive an official notification from the Government on this matter.

“We are open for negotiations however nobody has approached us yet. We did ask but no one replied to our request,” he said.

Continue reading athttps://postcourier.com.pg/talks-on-progressing-wafi-golpu-on-the-table/|Post Courier

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