PM Peter O’Neill: Government will address all mining issues

o'neill in parliament

Jack Lapauve Jnr. | EMTV News | August 9, 2016

PNG Prime Minister, Peter O’Neill, told parliament today that the government is at the centre of addressing all mining-related issues.

Mr O’Neill said a formal statement will be released to address grievances by landowners in Hela, and shares in Panguna and Ok Tedi.

“I want to assure the house and our country that one thing is very obvious. We need to look after all our stakeholders. More importantly, the landowners, provincial governments, and of course our citizens and our country. We need to have a greater stake in the industry, and the industry laws today, does not allow us to exercise that option.

“We are looking at this in a very diligent manner. We want to be fair to everybody. Even the investors. Without the investors, some of the large scale mines like Frieda and Wafi cannot be developed. If we take up all the equity, investors will not have any equity to take. But over the course of the next two weeks, I will be making statements in this house, in regards to the shareholding in Ok Tedi and Bougainville, for the first time these two mines are being controlled by Papua New Guineans.

“And of course, in relation to the 4.27 percentage stakeholding by the landowners in the Hela province, and of course, the LNG project.

“I will make a separate statement in this house on it, but Mr Speaker, I want to assure the good member, we will communicate with the industry. The matter was discussed in cabinet this morning, but we have also deferred the discussion till next week, because I want to put a senior ministerial committee to discuss with other stakeholders, some of the concerns. We have to iron out all these concerns before we take this,” Mr O’Neill said.

5 Comments

Filed under Financial returns, Papua New Guinea

5 responses to “PM Peter O’Neill: Government will address all mining issues

  1. Moses Wininga

    Thankyou for such step is good to start from the top political will of the country.

  2. We thank prime minister Peter O’Neill for addressing the mining act law will be guaranteed direct sharing agreement with principal landowner.
    Likewise, Oktedi mining landowners want proper clarification of Ownership issues and Product Sharing Agreement.

  3. Prime Minister Peter O’Neill is only concerned about those stakeholders who want to mine and invest their money in mining. He has no intention of looking after the landowners or the environment because he is heavily influenced by the mining lobby who don’t care about the landowners or the environment. He has stated that:
    “Without the investors, some of the large scale mines like Frieda and Wafi cannot be developed. If we take up all the equity, investors will not have any equity to take. But over the course of the next two weeks, I will be making statements in this house, in regards to the shareholding in Ok Tedi and Bougainville, for the first time these two mines are being controlled by Papua New Guineans.”
    Considering the People of Papua New Guinea voted in the current Prime Minister for democracy, a system of government by the whole population or all the eligible members of a state, typically through elected representatives, it certainly seems that democracy is being ignored because the current Prime Minister is hell bent and hoodwinked by mining companies who are not citizens of Papua New Guinea.
    It also seems, if the above statement is true, Bougainville who wants their Independence, is stiffled to have her Independence when O’Neill claims Panguna will be controlled by PNG (and the mining companies).
    Shame on you O’Neill and shame on the mining companies you entertain.
    You remain a human rights abuser with the mining companies you support.
    For us, we will continue to expose your greed and cruelty.
    As stated by the late Bougainville representative, Moses Havini, “We link together with other indigenous people of the world as we continue to claim our right to self-determination, the right to conduct our own public affairs, manage our own economic and social needs in a civil society, where all peoples of the world are expected to co-exist and respect the fundamental rights of others.”

  4. William Sivusia

    The statement by Mr. O”neill in Arawa, that he was in Arawa not to talk about independance for Bougainville but he was here to talk only about service delivery is a blatant disregard and criminal violation of Bougainvilleans rights to self determinations. It is also a useless statement and undermines the blood shed by the 20,000 saints that perished innocently because of this war instigated by the Con zinc Rio company using the PNG Defense force as its security, Bougainvilleans fight for their freedom, independence and not the watered down version called “autonomy.”
    The military operations at issue on Bougainville were carried out by the PNGDF asnd the Royal PNG Constabularly (PNGGC). Though the actions were executed in large part by the PNGDF, the actions were undertaken in PNG’s private capacity as BCL’s joint venture partner at the Panguna mine. In short, and for all all practical purposes, the PNGDF were the corporation’s personal security force and were ordered by BCL to take action to reopen the mine by any means necessary.
    When will PNG and foreign countries more so Australia understand Bougainvilles’ history of the struggles for its sovereignty.
    I will put it this way, regardless of what O’neill is saying, Bougainville is now on its sound footing of independance/sovereignty not because of the deceitful BPA document but outside of that, through the Me’ekamui Monarchy government, that has now achieved the three pillars required for a nations’ independence – (1) Currency (BVK) (2) Defence (MDF) (3) Foreign Affairs ( Our institutions worldwide now).
    ABG is a product of the Me’ekamui government with the Ex-Combatants and it has not right to dictate to Bougainvilleans blindly, hoodwinked by deceitful foreign lawyers who are being used to undermine our sovereignty
    Bougainvilleans, please heed this call and rise up to develop our nation .ourselves for our people and not to be dictated to by the failing puppet government of foreigners – PNG.
    I want all Bougainvilleans to understand that the blood shed during the crisis and the 20,000 saints who sacrificially gave their lives is NOT for peanuts (ABG) but it is for total independence/sovereignty no more no less.
    Leaders at the ABG puppet regime please come to the Me’ekamui government now as we have achieved much since our separation by the two leader late Francis Ona and late Joseph Kabui at Pakia in 1991.
    I repeat we have now developed our own home grown financial and banking system International Bank of Me’ekamui (IBOM) that now has three (3) currencies operating, Bougainville Kina (BVK) will be the legal tender throughout Bougainville from August 16, Mekamui Dollar (MKD) which is coming right after BVK and Twin Kingdom Pearl (TKP) which is already operating digitally around the world. We also have created over 30 complimentary currencies. All these currencies are fully gold backed.
    Those are my few comments to wake you Bougainvilleans up to the reality on the ground.

  5. Whilst reflecting on the BFM comment, perhaps the Prime Minister of PNG might surprise us all. Maybe he is considering the Panguna landowners. Possibly the Prime Minister Peter O’Neill should be given credit.
    One just hopes he is considering the rights of the landowners in PNG and Bougainville.
    Maybe Prime Minister Peter O’Neill will put into effect the necessity to look after the landowners by reiterating his statement that, “We need to look after all our stakeholders. More importantly, the landowners, provincial governments, and of course our citizens and our country.”
    Here’s hoping….

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