PNG’s Prime Minister and Mining Minister have been rolling out the red carpet this week for one of the world’s five largest mining companies, Anglo American.
And why not?
PNG has already been shafted by two of the other top five, BHP and Rio Tinto so why not Anglo American?
BHP completely destroyed the Fly River in one of the world’s worst mining environmental disasters and Rio Tinto caused a war on Bougainville in which as many as 20,000 people died.
So what can we learn from history? Mega big mining companies are NOT good news for the ordinary people of PNG (although our political elite and the mining companies themselves seem to profit very nicely)
If you are not convinced, just read the news report below: the PM and Mining Minister are full of rhetoric about how good PNG is for mining companies; how PNG has great potential for foreign investors; how the PNG government will help the mining companies.
BUT there is nothing about the ordinary people of PNG. Nothing about what is good for them. Makes it very clear who exactly this government is working for – themselves and the old colonial masters…
Warm welcome for Anglo American
PNG Industry News
ANGLO AMERICAN has received a warm welcome from the PNG government, with Prime Minister Peter O’Neill meeting executives from the company and partner Highlands Pacific in Port Moresby yesterday.
O’Neill said he was happy to see the execution of the joint venture farm-in agreements for the Star Mountains copper gold project, and looked forward to a lasting working relationship with the global miner.
“Anglo American have demonstrated their confidence in the investment potential of Papua New Guinea and we welcome their participation,” he said.
“This is a wise decision for their shareholders and we look forward to an enduring relationship in the decades to come.”
PNG Mines Minister Byron Chan echoed O’Neill’s comments, saying Anglo American had come into PNG’s mining industry at an exciting time, reflected in the granting of mining licences for the Woodlark and Crater Mountain projects and anticipating the submission of feasibility reports for the Frieda River and Wafi-Golpu projects.
“As minister responsible for mining, I congratulate and welcome the entry of Anglo American into PNG and assure you of our commitment to assist both yourself and your PNG partner – Highlands Pacific, in adding value to your project,” he said.
“PNG is a proven exploration and mining jurisdiction and your entry into the country is evidence of investor confidence in doing business in the mineral sector.”
Head of the Anglo American delegation Andre van den Berg said the company was looking forward to doing business in PNG through their joint venture partner.
Highland Pacific CEO John Gooding said he looked forward to getting exploration underway and the execution of the farm-in agreements was another major step forward.
“Together we can move forward with a defined exploration program that will test the size and grade of these exciting targets,” he said.