THE Government and project developers for the K18.5 billion Wafi-Golpu project in Morobe Province are yet to agree on equity and royalty shares, Mineral Resource Authority managing director Jerry Garry says.
"We are still waiting on a few fiscal agreements or settlements. Negotiations will restart and hopefully we can agree on the equity and royalty shares issues.
"While negotiations are in progress, we have to protect the details so I cannot disclose anything but it will come to light when the parties reach an agreement."
Prime Minister James Marape had said there was no rush in getting the project off the ground, highlighting the major issue of mine waste disposal system.
Morobe Provincial authorities prefer the terrestrial waste dam while the government favours the deep sea tailings placement.
"We are not in a rush. We will go through that until every party at the table is satisfied and their concerns have been heard. It is a serious matter and needs a lot of time for us to secure a deal (that) is good for everyone."