Lihir landowners get asset windfall

PNG’s Mineral Resources Development Company has transferred nearly half a billion kina (about $US195 million) worth of assets to Mineral Resources Lihir.

Lihir landowners get asset windfall Lihir landowners get asset windfall Lihir landowners get asset windfall Lihir landowners get asset windfall Lihir landowners get asset windfall

MRDC managing director Augustine Mano said the assets would be managed by a newly formed company, A'Gorlam Limited, which would act as trustee shareholder for the people of Lihir Island.

loader
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more