14 Jun 2018

Bougainville Copper confident in support over Panguna

From , 3:03 pm on 14 June 2018

Bougainville Copper Ltd is taking issue with claims by a rival that it lacks broad backing from landowners for a re-launch of the Panguna mine.

BCL is one two companies vying to reopen the Papua New Guinea mine which was shut down when the Bougainville civil war broke out nearly 30 years ago.

The Osikaiang Landowners Association, at the site of the mine, is with rival mining company RTG, and has written to the Australian Stock Exchange and the Australian Securities and Investment Commission saying BCL doesn't have the backing among local landowners which it claims.

But the BCL secretary Mark Hitchcock, who spoke with Don Wiseman, says Osikaiang are wrong.

Panguna mine site

Panguna mine site Photo: supplied