PNG to legislate for landowners to own mineral resources

Written on August 18, 2011 – 11:19 am | by CarbonoWontok |

Source: http://www.radioaustralia.net.au/pacbeat/stories/201108/s3295904.htm Papua New Guinea’s mining industry has expressed grave concerns over plans by the PNG government to revert ownership of minerals and resources to traditional landowners. The mining industry warns that such a move will scare off investors and will be disastrous for the country’s economy. PNG’s Mining Minister Byron Chan, says the government is [...]