http://ramumine.wordpress.com/2013/03/05/...-good-idea-for-png-mines/
Konopa Kana | Post Courier Papua New Guinea is an island of gold located in an ocean of oil and is dripping with gas. These three lucrative resources will bring immense wealth to the nation coffers. These petroleum and mineral developments have caused the economy of the country to go through an unprecedented economic growth. According to Resource PNG show on EMTV last week, the Minister for State Owned Enterprise Ben Micah said that his ministry is responsible for all these projects in which the Independent Public Business Corporation (IPBC) will work to source partnership with multi-billion dollar corporations who have the capacity and funds to drive the petroleum and mineral projects in such a large scale as the US$19 billion LNG projects. Minister Micah said that currently the government does not have the capacity and capability to fund and manage these projects. Therefore it’s in the best interest of the country that we engage people and companies with expertise to manage this lucrative industry of petroleum and mines to maximise the huge revenue gain from these projects. Mr Micah also stressed that the tax regime will also be looked at to make sure that the petroleum and mines projects pay the right amount of tax to the government of Papua New Guinea. He said that tax is one way the government can make money and bring development to the country. “I want to tell the people of Papua New Guinea that Panguna is a classic example of the project that brings tangible development like building up the township of Arawa and Kieta in Bougainville since the mine operated. Mr Micah told resource PNG that there is no other project compared to the scale of development that Panguna mine provides. He said that in the likes of Ok Tedi mine since its operation the project should by now turn Star Mountain into a tourist destination, Lihir, Pogera, Misima, Hidden Valley, Ramu Nickel and Mt Kare are some of the lucrative projects that are yet to provide a similar development like Panguna mine did in its glory days. A trucking fleet contractor and Member for British Empire MBE Kandaso Napi said that the government must seriously look into the way the mining projects in the country are disposing their waste because it seems that most times the landowners are complaining about environmental destruction when they are not talking about royalty payments. He said if the government is short of ideas then he can be of help to them by giving the ideas and strategies that can be formulated and incorporated into the existing mining policy. He said that one important thing that the government of this country is ignorant about is to build gigantic dams near every mine project especially for disposal of waste in that way waste can be dumped back or recycled back to the earth. Rather than dumping waste tailings into the sea like the Ramu Nickel project in Madang. He said that to build a dam is very expensive and is worth about K1 billion but is beneficial to the nation. It saves lives, creates employment, manage wastes and everybody is turns out a winner. ----------- Mein MULTIBAGGER Favorit B?? ;-))))) |