COMMENTARY: Extractive Industries Transparency Commission Bill Regional Consultation Underway
REGIONAL CONSULTATION FOR THE PROPOSED EXTRACTIVE INDUSTRIES TRANSPARENCY COMMISSION BILL IS UNDERWAY A Commentary By Gedion Timothy The extraction of minerals such as gold, copper, zinc and petroleum resources such as liquefied natural gas is complex and challenging. The complex and challenging environment presents both opportunities and challenges for economic advancement for any nation. Governments […]
Reports, Recommendations, Reforms: How The EITI Is Improving PNG’s Natural Resource Management
Before Papua New Guinea signed up to implement the Extractive Industries Transparency Initiative EITI Standard in 2013, there was no framework in place for disclosure of revenue streams from the country’s mining and petroleum sectors. Nor was information on how much proceeds end up in the government budget or spending for socio-economic development readily available. […]
Timing ripe for change in law-policy
Head of the Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) National Secretariat Mr Lucas Alkan has commended instrumentalities involved to amend the Mineral Resources Authority Act. Parliament last week passed the MRA Act 2017 (amended) with mining minister Johnson Tuke saying the amended legislation would enable enhanced government regulation of the mining industry. The […]
