Post Couruer | November 18, 2016
RAMU Nickel developer Ramu NiCo has expressed concern that since the project inception in 2006, the landowners were off-loaded numerous business opportunities.
But these had not prospered due to lack of competent management acumen.
“The business development opportunities that have been given to landowners will need to be properly managed to ensure stakeholders benefit from these opportunities.
“Unfortunately, after nine years of operation, the stakeholders have not seen the benefits of their investment and this is a very serious concern for us,” Ramu NiCo Management (MCC) said in a statement.
It was responding a threat by landowner groups to close down the mine over failure by the Government to honour commitments to development assistance, including a K10 million grants.
MCC also said the royalty payment would be made soon while the K10 million business grant was a political commitment and outside of the company’s responsibility.
Mineral Resources Authority managing director Philip Samar warned the landowners not to unnecessarily disturb the Projects’ normal operation as this would be illegal under the Mining Act 1992 and perpetrators can be seriously punished.
Under the Ramu NiCo Project MOA, all parties including the four landowner chairmen, Ramu NiCo, the State and other stakeholders must resolve any disputes and misunderstanding amicably and not to take actions that would impact the normal operation of the Project.