Published: May 11, 2020
The announcement not to renew the goldmine lease is fraught but part of an attempt to ‘take back PNG’
Late in April, in the middle of a global pandemic and slow-boiling domestic economic crisis, the government of Papua New Guinea made the surprising announcement not to extend the mining lease on a goldmine that contributes roughly 10% of the country’s total exports.
The announcement not to renew the special mining lease for the Porgera mine was a shock, not least to the mine’s operator, Barrick Gold, and their joint venture partner Zijin Mining.
Continue reading...from The Guardian https://ift.tt/2WoGphj
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