ABG, Bougainville Copper, and Rio Tinto Sign MoU to Address Ageing Infrastructure at Former Panguna Mine
The Autonomous Bougainville Government (ABG), Bougainville Copper Limited (BCL), and Rio Tinto have signed a Memorandum of Understanding (MoU) to tackle concerns surrounding the deteriorating infrastructure in the former Panguna mine area. This initiative follows findings from the independent Legacy Impact Assessment, which highlighted several ageing structures requiring immediate attention.
The collaboration focuses on mitigating potential risks associated with the ageing infrastructure and ensuring safety in the region. The project will involve work on several old BCL assets, including the Jaba Pump Station, the Momau River Bridge, and various facilities in Panguna town. These efforts are scheduled to begin in November 2024 and are expected to take several months to complete.
ABG Chief Secretary Kearnneth Nanei emphasized the importance of addressing the infrastructure concerns identified during the Panguna Mine Legacy Impact Assessment (PMLIA), noting that this collaboration reflects a positive commitment by BCL and Rio Tinto to the well-being of the Bougainville community.
BCL Chairman Sir Mel Tologo stated that, as the former operator of the mine and holder of the EL01 exploration licence for the area, BCL is committed to working closely with the ABG to oversee the necessary repairs and ensure the community's safety.
Rio Tinto's Country Director for PNG, Andrew Cooper, praised the ABG's leadership in addressing the issues identified during the fieldwork, reaffirming Rio Tinto’s support in these efforts.
The results of Phase 1 of the PMLIA, expected to be released in the fourth quarter of 2024, will provide further insights into the potential environmental and social impacts associated with the Panguna mine since its closure in 1989.
