Business Islands News

Momis – Panguna must reopen

Bougainville President Chief John Momis wants the closed Panguna Copper Mine to reopen.

Chief Momis said the mine’s reopening will support the Autonomous Bougainville Government with much needed funds, for the delivery of services.

Momis said the Panguna was a single impact project that can bail out Bougainville from its financial problems.

This will only happen after a completely new agreement is negotiated with Bougainville Copper Limited and other stakeholders including landowners and National Government.

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