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Article

4 Feb 2019

Author:
Dateline Pacific, Radio New Zealand

Bougainville to set up local company to reopen mine

4 February 2019

Bougainville's government is planning to re-open the long closed Panguna mine, and operate it with a company that's majority-owned by Bougainville.

This comes after much squabbling over who should get the mining licence....

Bougainville's president, John Momis, says...a company called Bougainville Advance Mining is being set up to be owned by the government of Bougainville and an investor, Caballus Mining, owned by West Australian businessman, Jeff McGlinn.

[A transcript of the interview is linked in the attached item.]

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