Mining Minister and member for Namatanai, Byron Chan, will officially present the ratified Lihir Memorandum of Agreement, (MOA) to the National Executive Council in coming weeks.
The copy of the MOA was presented to Minister Chan in front of New Ireland Provincial Assembly members, Governor Julius Chan, and stakeholders in Kavieng recently.
The Revised MOA insists on substantial increases in benefits derived from the mine, to landowners and the province.
New Ireland Government and Nimamar LLG endorsed their joint position in the revised Lihir MOA concluding three years of extensive deliberations with National Government, through the MRA and all Stakeholders.
The revised MoA is a homegrown cure for the complete failure of National Government, over the past eighteen years to the people of New Ireland.
It represents a collective position that insists on substantial increases in benefits derived from the mine that has, for the past eighteen years brought nothing to New Ireland.
Nimamar LLG President Ambrose Silul, said a fair deal was struck for resource owners, stakeholders and the people of the province.
The revised Lihir MOA was approved by the New Ireland Provincial Assembly in its first sitting of 2014 on March 12 in Kavieng.
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