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PNG grants K92 10-year mining lease extension

K92 has approved stages three and four of Kainantu expansion

Nathan Richardson, in Sydney
“When you do the right thing, the right things happen,” PNG’s minister for mining, Sir Ano Pala told delegates.

“When you do the right thing, the right things happen,” PNG’s minister for mining, Sir Ano Pala told delegates.

"As a result of that, our board, overnight, approved the development of our stage three and stage four expansions which will see us spend 2.2 billion kina [US$624.8 million] over the next four years,"...

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