12 March 2019
RTG Mining has announced the Autonomous Bougainville Government (ABG) has rejected a proposal to reopen the Panguna mine.
RTG’s proposal was backed by the Special Mining Lease Osikaiyang Landowners Association (SMLOLA) whose members are the Customary Owners of the land and mineral resources of the Panguna Mine (the area of the old EL 01)
RTG says it will now will consult with SMLOLA as to the steps to be taken in respect of this development.
Meanwhile, the ABG is pursuing its own mining plans with Australian Jeff McGlinn and Caballus Mining.