Papua New Guinea Seeks to Amend 1992 Mining Act – Implications for Renewal of Porgera Mine Lease
This month the government of Papua New Guinea (PNG) proposed amendments to the Mining Act of 1992 to give the state a legal basis to “apply for a tenement and develop a mine,” stating that the 1992 Mining Act is “not very clear on State participation.” In particular, the amendment addresses the fact that the 1992 Mining Act “was intended to allow only foreign investors to do mineral exploration and mining in PNG.” The amendments are proposed in the context of Prime Minister Marape’s vision to “Take Back PNG.”