PNG Mining 2012
Mining has long been the mainstay of the PNG economy, representing more than two-thirds of the government’s revenues in 2011. Moreover, with its top commodities of gold and copper selling at near-record prices on global markets, the country is drawing increased attention from resource firms. Indeed, more than half of the country’s land area is covered by mining permits in the application process. These include China’s biggest investment in the South Pacific, the $1.5bn Ramu nickel and cobalt mine, as well as several forays into deep-sea mining. It remains to be seen, however, whether PNG’s renewed mining push will safeguard against the social and environmental hazards that have plagued it in the past. This chapter includes interviews with Byron Chan, Minister of Mining; Greg Anderson, Executive Director, Papua New Guinea Chamber of Mines and Petroleum; and Peter Aitsi, Country Manager, Newcrest Mining.
Cover of The Report: Papua New Guinea 2012

The Report

This chapter is from the Papua New Guinea 2012 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Byron Chan, Minister of Mining
OBG talks to Byron Chan, Minister of Mining

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart