Maru: Mining projects to boost Sepik

The National aka The Loggers Times

THE two mining projects in the Sepik provinces will bring maximum benefits, Minister for Trade, Commerce and Industry Richard Maru  said..

The Freida River mine at the border of West Sepik and East Sepik and the recently explored Alexander Mine, East Sepik, had drawn excitement from among the people of the two provinces.

Maru, who was in Wewak recently, said Alexander mine was now in its third phase of exploration.

“We are just waiting for three drills to be put in the respective locations.

“Two drills to be put at West-Yangoru and one at Ulupu, Marprik,” Maru said.

“In Sepik, we are looking forward to one of those two major mines.” Alexander Mining Ltd, the PNG-registered Canadian-owned company, was issued an exploration licence early last year to work in the Prince Alexander range.

Exploration licence (ELA 1857) was approved by Mining Minister Byron Chan and was presented to James Das, the managing director.

The company was to begin exploration in the licence area extending from Wamaina in Yangoru to Nagipaim in Maprik.

The site was known for its activities in alluvial mining and holds the potential to host some high grade gold and other minerals.

Maru said he was informed that there may have already been a buyer for Frieda project.

He said it is about time the Sepik provinces started to contribute to the country’s economy.

“We can’t just be recipients and only contribute politically … we have to give real economic contributions to this country as well,” Maru said.

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5 Comments

Filed under Exploration, Financial returns, Kiribati, Mine construction, Papua New Guinea

5 responses to “Maru: Mining projects to boost Sepik

  1. When the Alexander Mining in East Sepik in yangoru districk will start.

  2. Hope the logging company commence before mining move in, hope we see development moves in to undeveloped area like west yangoru.

  3. John Imini

    ALEXANDER MINING LIMITED
    LATEST NEWS
    EXPLORATION LICENSE
    ELA 2614

    It was advertised on the 20th March 2019 on national newspapers.
    The Company will receive it exploration license ELA 2614 on the 02/04/2019 and warden hearing, Will on 24/04/2019 at Kumbuhu village time 10:00am.

  4. John Imini

    MINE WELL LIMITED
    EXPLORATION LICENCE ELA 2637
    IT WAS ADVERTISED ON WEDNESDAY, JUNE 19TH 2019
    THE WARDEN’S HEARING
    10: 30AM
    23/07/2019
    ILIPAINE VILLAGE, East Sepik..

  5. John Imini

    MINE WELL LIMITED EXPLORATION LICENCE ELA 2637 was advertised on 18th June 2019 on the Newspaper..
    A new company trying to do exploration in East Sepik Province of Papua New Guinea.
    The warden’s hearing,
    Time Date Villages
    10:30am 23/07/2019 ilipaine Village ESP
    The Mine Well Limited is newly company will do warden hearing on that date above..

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