Skip to main content

Posts

Showing posts with the label officialsarahmertz

PNG's Porgera Mine to reopen in June but Pressing Outstanding issues yet to be resolved : Ipatas

 By By Mortimer Yangharry | FM 100  PNG’s veteran Enga Governor Sir Peter Ipatas told the Enga Provincial Assembly on Monday afternoon that the delay in the reopening of the Porgera mine is not necessarily caused by the national government nor the provincial government but by pressing issues at hand. Sir Peter informed the Provincial Assembly that the delay in reopening of the Porgera mine was due to the pressing shareholding issues and complicated necessary taxation processes which the national government had no control over.  Picture: Veteran Enga governor Sir Peter Ipatas (middle) chairing the first Provincial Assembly Meeting of the year on Tuesday at the Provincial Assembly Hall, Ipatas Centre [Photo FM 100] He admitted that for the last three years, the internal revenue of the province was badly affected due to the premature closure of the mine. “Impact projects funded by the tax credit schemes and other royalties from the mine did not happen since May 2019 when the Pogera gold m