The Opposition has been a lone voice against Prime Minister James Marape’s closure of Porgera gold mine in Enga Province and his New Porgera deal announced last month with much pomp and celebration. Mr Namah said at the time that the new deal is “no deal” and that it “stinks”. HON. BELDEN NORMAN NAMAH, MP LEADER […]
Porgera Gold Mine Deal
Bank of Papua New Guinea (BoPNG) should buy the gold instead and put the money there (in gold) instead of reserving the dollars alone. They should reserve dollars and gold together to stabilize the Kina starting with the artisanal gold market. Why on earth does the BoPNG even give licenses for companies to export gold? – SAM J KAUPA.