Because of the pressing issues surrounding four mines in the country - Ramu Nico mine in Madang, Ok Tedi in Western, Porgera in Enga and Sinivit in East New Britain - Environment and Conservation Minister Wera Mori said an assessment will be done to determine their environmental and socio-economic impacts. Mori said that officials from the Conservation an...

Production sharing contracts have always been specific to oil and gas and therefore never works in the mining sector. This, according to the CEO of Global Miner, Barrick Gold, who added that the highest risk in gas and oil is exploration and once you put it in infrastructure, you just pump forever.“This is where production sharing is a classic example, wh...