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Bougainville s President has firmly rejected a claim that an Australian company, Caballus Mining, will operate the Panguna mine. Ishmael Toroama has released a statement in response to a landowner group, Panguna Tangkuúrang Chiefs, claiming that they d given approval for Caballus. The Panguna copper and gold mine in Bougainville was closed down for operations in 1989 at the start of the civil war. Photo: RNZ / Johnny Blades The company had been in talks with the Autonomous Bougainville Government under former president John Momis regarding the potential re-opening of the large copper and gold mine. But Toroama has made a clear departure from any links with the company. ....
Press release content from PR Newswire. The AP news staff was not involved in its creation. Caballus Mining Chosen as Panguna Landowners’ Partner January 17, 2021 GMT Panguna Tangu urang logo (PRNewsfoto/Pangunga Tangku urang) PANGUNA, Papua New Guinea, Jan. 17, 2021 /PRNewswire/ As we welcome the start of 2021 with open arms, on behalf of the Panguna Tanku’urang Chiefs, I would like to take this opportunity to thank the previous and current ABG and PNG governments for their ongoing support. We look forward to continuing to work closely with them in a transparent and respectful manner in order to succeed in our common goals. ....