Garry told The National newspaper that negotiations would resume soon but details of negotiations would not be disclosed until agreements were reached.
"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."
