In this episode:
Kula Gold is a gold development company with an advanced stage project on Woodlark Island, Milne Bay Province, moving towards production stage.
The mining lease was signed by Mining Minister Byron Chan on July 4.
This was followed by a registration of the mining lease with the Mineral Resources Authority and payment of security bond and annual rental fees.
It has now achieved all of the regulatory approvals necessary to begin the development phase of the Woodlark Island gold project.
An environmental impact statement and other community aspects have also been reviewed by the Department of Environment and Conservation with an environment permit granted in February.
We interviewed Kula’s Chairman, Mr David Frecker, on the projects’ latest developments.
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