PAPUA NEW GUINEA CHAMBER OF MINES AND PETROLEUM …pngchamberminpet.com.pg/images/pdf_files/bull_vol13no.2.pdf · Bulletin PAPUA NEW GUINEA CHAMBER OF MINES AND PETROLEUM Published

Bulletin

P A P U A N E W G U I N E A

C H A M B E R O F M I N E S A N D P E T R O L E U M

Published by the PNG Chamber of Mines and Petroleum. PO Box 1032, Port Moresby 121, Papua New Guinea.Telephone: (675) 321 2988 Facsimile: (675) 321 7107 Email: [email protected]

Website: www.pngchamberminpet.com.pgLocation: First Floor, The Lodge, Bampton Street, Port Moresby, Papua New Guinea.

D e c e m b e r 2 0 0 9 V O L 1 3 N o . 2

ContentsCHAMBER UPDATE.................................................................................. 2-12

Chamber Comment - Ownership of Mineral and Petroleum Resources

- PNG's Constitutional Dilemmas

Chamber Donates to Unitech Mining Engineering Department

Self Reliance Programs for Women in Mining and Petroleum Communities

11th PNG Mining and Petroleum Investment Conference - December 2010,

Hilton Sydney

Profile 11th Edition and 2009 Seminars CD

MINING NEWS ....................................................................................... 13-14

Ok Tedi Mining Update

PETROLEUM NEWS ............................................................................... 15-17

PNG LNG Project Update

Contents

Bulletin

C H A M B E R U P D A T E2

V O L 1 3 P N G C H A M B E R O F M I N E S A N D P E T R O L E U M

OWNERSHIP OF MINERAL AND PETROLEUMRESOURCES

The Chamber has expressed strong sentiments that thePrivate Member's Bill proposed by the Hon. Boka Kondra,MP to amend the Mining Act and the Oil and Gas Act willbe devastating for our industry and the long term welfareof PNG. The supporting statement released by theMember presents a very misleading and simplisticargument. It has surficial and emotional appeal to thosefortunate enough to be currently benefitting from aresource project, or expecting to benefit from a futureproject, but all this will be at the cost of the vast majority.The statement completely ignores the enormouslegislative, financial, social and political impacts thatwould result.

Because the proposed amendments remove the State asowner of minerals and remove the provisions relating tocompliance with Section 53 of the Constitution, therewould be very little of the current operative parts of theAct that would remain constitutionally valid.

The State could not directly regulate the exploration andproduction of minerals and could not issue licences andleases, unless at the request and with the authority of thecorrect landowners. It is questionable whether the Statecould or would agree to do so, and any such licence wouldnot have any real utility because it would always besubject to the fluidity of customary landownerarrangements. Without confidence in the existence of alegal right to obtain a mining lease, expenditure onexploration would be irrational.

In reality, a change to the ownership of minerals wouldturn the existing regulatory system on its head. Anentirely new policy would need to be devised and theexisting legislation replaced with something quitedifferent. This would bring the mining and petroleumindustry into absolute chaos and gut the economy of thecountry overnight. It would take five years just to sort outthe legislation and policies let alone the fallout of such achange. There are examples around the world (egZambia) where mineral nations which have made majornegative changes to mineral legislation and/or policyhave taken 25 - 30 years to recover.

On the 13 August the Chamber sent a letter to allMembers of Parliament expressing our very strongconcerns over the Private Member's Bill. The letter is asfollows:

“In recent weeks there has been a great deal ofpublicity and media hype promoting privateownership of mineral, petroleum and even waterresources as a simple recipe that will solve all the issuesof resource development and benefit distribution. TheChamber strongly believes that the argumentspresented for private ownership of resources aregrossly misleading and simplistic and will stop anyfuture resource development in PNG.

Ownership of minerals and oil and gas resources iscurrently vested in the State. Despite the frequent useof the words “resource owners” in the media todescribe landowners from mining and petroleumareas, the only resource owner in PNG is the State.

State ownership of minerals is vital to the developmentof PNG as a Nation. State control of resources allowsthem to be developed for the benefit of all citizens asrequired by the Constitution. The resources aremanaged in an effective and orderly manner that isrecognised internationally and accepted by theinvestor. Private ownership of minerals means that afew lucky individuals could expect to become rich atthe expense of the rest. Papua New Guinea cannotdevelop as a Nation under these conditions, it wouldsplinter into groups driven by self interest. It wouldlead to a completely inequitable and unworkablesystem, a nightmare of greed and selfishness.

An exploration tenement gives the holder the right toexplore for minerals or oil and gas which is anexpensive and high risk activity. The explorer's onlysecurity is the tenement and the guarantee providedby the State that the explorer will have the right todevelop any discoveries made on the tenement inaccordance with requirements and obligations set bythe State. If any potential explorer believes that theState will not, or cannot, provide this guarantee withan acceptable risk profile then the explorer will notinvest exploration dollars.

The simple fact is that if a change is made to mineralownership, exploration will die and there will be nonew resource developments as the risk profile will beunacceptable to any potential developer. There will bea complete breakdown in the well established,internationally recognised system that underpinsresource development in PNG. There will be no benefitsfor anyone. No resource company will be prepared torisk the enormous upfront investment required inresource exploration and development on the basisthat the “resource owners” may or may not agree toreasonable terms for development of “their gold” or“their oil” and, if they do agree, whether they will insiston trying to change the terms every time someindividual or group feels it is entitled to more, becomesjealous of other beneficiaries, or has a falling out withthe neighbouring clan.

Whilst landowner support and agreement is integral toall current projects the State owns the resource and itissues a production licence over those resources for thebenefit of all citizens. This situation provides theultimate safeguard and provides a level of surety andconfidence to the investor. PNG's success in resourcedevelopment speaks for itself.

Papua New Guinea has one of the most equitablebenefit sharing systems in the world for mining andpetroleum developments. The country has developed

CHAMBER COMMENT

C H A M B E R U P D A T E


3

a formula for benefit sharing which is unique on aworldwide basis. It includes the National Government,affected Provincial Governments and Local LevelGovernments, and the impacted communities. Whilstthe law states that the minerals belong to the State thebenefit distribution clearly recognises the uniqueMelanesian cultural and traditional affinity to the landby prescribing a suite of benefits to the affectedlandowners.

The real issue with resource development in PNG is thelack of governance and transparency associated withthe use of the benefits generated from resourcedevelopment. Change in ownership will not addressthis problem, it requires a fundamental shift in the waythat governments and landowner leaders manage,utilise and distribute resource benefits and the waythey report on this to their respective constituents. Itrequires a major shift towards transparency, integrityand openness.

The National Government, Provincial Governments,and leaders of landowner companies andorganisations need to regularly and comprehensivelyexplain to their constituents the value of the benefitsthey receive and how they have been utilised. Forexample, why is it that Provincial Governments thathave received hundreds of millions of Kina rarelyexplain to the people the existence of these funds, letalone what has been achieved with them, or what arethe plans for future expenditure and investment.Where are the audited reports for the public to view?Yet these provinces are continually asking for more.Similarly, many landowner companies have notproduced annual reports, held regular meetings orconducted election of office bearers.

The Chamber firmly believes that private ownership ofminerals is not a way forward for PNG. PNG equity inthe country's resource sector is growing year by yearthrough investment by the Government, landowners,superannuation funds and individuals buying sharesthrough the Port Moresby Stock Exchange. If mineralownership was privatised the fundamental questionthat investors would ask themselves is am I prepared torisk my money in a company operating in PNG. If thewater resources were owned by the landowners wouldI invest in any company that was proposing to usewater resources or utlise water transport as part of itsbusiness? The answer that all investors will come upwith is no, the risk is totally unacceptable. All PapuaNew Guineans know the greed and conflict that wouldarise.

The Chamber urges you to oppose any move to changeState ownership of mineral and oil and gas resourcesto enrich a handful of fortunate landowners at the costof all Papua New Guineans.”

The Government has expressed support for theChamber's position. In his opening address to the recent

Mining Seminar in Port Moresby on the 29 October theDeputy Prime Minister and Minister for Mining the Hon.Sir Dr Puka Temu stated that:

“On the 3l March, 2009 a notice was given through aPrivate Members Bill for the proposed amendment ofthe Mining Act 1992 and the Oil & Gas Act 1998 totransfer the ownership of minerals from the State tolandholders.

The National Government has assessed the proposedBill and is of the view that the implications of theproposed Bill in its current form are too drastic and arenot favourable nor is it in the national interest.

The proposed Bill is unconstitutional in the sense that itdoes not promote equal distribution of wealth to therest of PNG but is focused on a very limited minority ofpeople. It will require wholesome changesadministratively, structurally, technically, legally andsocially.

In light of the implications, the Government would beirresponsible to amend laws that would be detrimentalto the greater benefits of the country.

Accordingly the Government is against the proposedBill to transfer mineral ownership from the State tolandowners but will consider other means of dealingwith the issue of benefit distribution and greaterparticipation by landholders.

The Government also maintains that such matters ofnational interest must be addressed in the propercontext following due process with the involvement ofrelevant government agencies and stakeholders of themining industry including landowners.”

The Minister for Petroleum and Energy, the Hon. WilliamDuma, expressed similar sentiments in his openingaddress to the Petroleum Seminar on the 27 October asfollows:

“Recently, there have been many reports of attempts orproposals by some politicians to change the currentregime of ownership of oil and gas resources in PNG toone where ownership of oil and gas resources is thenvested in individuals or groups of people.

The benefits of the State ownership of oil and gasresources are obvious and definitely outweigh anypurported benefits accruing from private ownership.State ownership of all minerals and oil and gasresources is very crucial to the economic prosperity anddevelopment of PNG.

As Minister responsible for oil and gas, and on behalf ofthe Prime Minister and Government, I would like toassure everyone that the current regime of Stateownership will not change. Ownership of oil and gasresources will remain with the State. It is not theintention or policy of the Government or myself asMinister to change the ownership regime.”

CHAMBER COMMENT (continued)



PNG'S CONSTITUTIONAL DILEMMAS

Government needs to deal with some very urgentConstitutional issues that affect the size and compositionof the Parliament after the 2012 elections and the statusof a number of Provincial Governments.

The Size and Composition of Parliament

Currently, Parliament is formed of 20 Provincial Seats and81 to 91 Open Electorates, with the current number at 89Open Seats (total 109 Seats).

Previous amendments to Sections 101 and 125 of theConstitution and Sections 34 and 38 of the Organic Law onNational and Local-level Government Elections make majorchanges to the composition of Parliament effective fromthe issue of writs for the 2012 Elections. At this time,Provincial Electorates and Provincial Seats in Parliamentwill be abolished and the range of Open Electorates willincrease to 110 to 120, the exact number to berecommended by the Boundaries Commission. Section125(1) of the Constitution and the Organic Law on Nationaland Local-Level Government Elections requires theBoundaries Commission to recommend on bothprovincial and open electorates and their boundaries andthis process takes at least 12 months to implement.

In the recent Lae Leaders Summit Forum, the PrimeMinister stated that it was his Government's intention toretain the Provincial Seats in Parliament beyond 2012, andto establish 22 Reserved Electorates and Reserved Seats inParliament for women representatives. It is proposed thatthe women MPs would be provincial members, thus therewould be two provincial MPs elected for each province.Both these actions necessitate amendments of theConstitution (requires a Parliamentary majority) and theOrganic Law on National and Local-Level GovernmentElections (requires a three quarters absolute majority ie.82members). The creation of the Reserved Seats will alsorequire a report from the Boundaries Commission.

If government legislates to retain Provincial Seats andestablish Reserved Seats for women representativesParliament will increase from the present 109 Seats tobetween 154 to 164 Seats in 2012 taking intoconsideration the proposed new Jiwaka and HelaProvinces - ie. 22 Provincial Seats, 22 Reserved Seats and110 to 120 Open Seats.

The cost increase of such an expanded Parliament wouldbe considerable. Apart from the added salaries and officecost of the additional parliamentarians and their staff,an additional district office and district treasury wouldhave to be created for each additional Open Seat aselectorate boundaries and district boundaries are

identical. The Organic Law on Provincial Governments andLocal-level Governments prescribes that electorateboundaries determine district boundaries.

The Government could decide to retain the present rangeof 81 to 91 Open Seats or reduce the increase from thedesignated range of 110 to 120 but this would necessitatean amendment to the Organic Law on National and Local-Level Government Elections. This again would require athree quarters absolute majority in Parliament, or 82 MPs,to vote for it on three occasions. Retaining the presentrange would result in a Parliament of 133, being 22Provincial Seats, 22 Reserved Seats and 89 Open Seats.This could be increased to 135 if the BoundariesCommission recommends creating an additional twoOpen Electorates in Jiwaka Province and/or Hela Provinceor elsewhere.

Even if the Government retains the present number ofOpen Seats, a Boundaries Commission report will still berequired as the Government has already amended theOrganic Law on Provincial Boundaries to create the twonew provinces effective from the 2012 Elections. TheBoundaries Commission will determine the newprovincial boundaries including what electorates are tobe split.

To be meaningful, the Boundaries Commission can onlyundertake its work after the National Census next year asit uses a population averaging formula as the basis of itswork. The Organic Law on Provincial Governments andLocal-level Governments actually requires a census everyfive years but the last one was done in 2000. Given thatthe Census is completed in 2010, the Commission isunlikely to have a report ready for Parliament until the endof 2011, leaving almost no time before the issue of writsfor the 2012 Elections for Parliament to adopt the report.

A separate issue is whether Parliament will accept aBoundaries Commission report. Parliament has rejectedevery Commission report since 1977. Rejection of thereport would leave the electorates for the new Parliamentin conflict with the Constitution and the Organic Law onNational and Local-level Government Elections effectivelycreating a constitutional crisis.

All these issues, summarised in the table below, presentthe Government with a huge dilemma which needs to beaddressed urgently as the clock is ticking. The next Sittingof Parliament is not until March 2010 which leaves barely2 years before the issue of writs for the next GeneralElection. Failure to implement the new Hela Province willimpact on the PNG LNG project.

It also needs to be borne in mind that all these discussionsdo not include the requirements of the ElectoralCommission in preparing the Electoral Rolls.




5

Unconstitutional Provincial Governments

Another Constitutional issue facing the Government thatcontinues to be ignored is the fact that the Organic Law onProvincial Governments and Local-level Governments(Amendment No.10), certified in January 2007, has bydefinition deemed six Provincial Governments to beunconstitutional. The amendment of Section 10 removesheads of Local-level Government (lord mayors, mayors,presidents) from the Provincial Assemblies preventing sixProvincial Governments from establishing a quorum forthe Provincial Executive Council (PEC). Under Section 23of the Organic Law on Provincial and Local-levelGovernments, the PEC requires a minimum of fivemembers or one third of the total members of theAssembly (whichever is greater). The affected ProvincialGovernments are as follows:

Manus Provincial Government (2 MPs)

Gulf Provincial Government (3 MPs)

New Ireland Provincial Government (3 MPs)

Northern Provincial Government (3 MPs)

West New Britain Provincial Government (3 MPs)

Western Provincial Government (4 MPs)

Because the PEC must be composed of at least fiveProvincial Assembly members then this infers that theAssembly itself must have at least of five members whichthese six Provincial Governments cannot achieveeffectively invalidating them.

A Bill was prepared sometime ago to reinstate the headsof Local level Governments but this has not beenpresented to Parliament.


CHANGES TO CURRENT BOUNDARIES GOVERNMENTPARLIAMENT SITUATION COMMISSION STRATEGY

Increase Open Seats Commences in 2012 Required before 2012 Unknown. To reduce or from 89 to 110-120 cancel the increase in Open

Seats requires amendmentof the OLNLLGE1

Abolish 22 Abolished as from 2012 - Retain the 22 Seats. ThisProvincial Seats requires amendments to the

Constitution & OLNLLGE

Create 22 Reserved Proposal Required before 2012 Implement before 2012. Seats for 22 women This requires amendmentsprovincial MPs to the Constitution and the

OLNLLGE

Create Hela and Commences in 2012. Required before 2012 Finalise before 2012. BC2

Jiwaka Provinces Interim Authorities report needs to be adoptedestablished. by Parliament

1 Organic Law on National and Local-Level Government Elections 2 Boundaries Commission



CHAMBER DONATES TO UNITECH MININGENGINEERING DEPARTMENT

The Chamber donated K150,000 in the form of a 25 seaterbus and six new desktop computers and printer to theMining Engineering Department of the University ofTechnology (Unitech) on 26 November, 2009. The goodswere officially handed over by the Chamber's VicePresident, Mr Musje Werror, at the Departmental buildingwitnessed by senior university staff, including the ViceChancellor, and industry representatives.

The bus will greatly assist the Department with studentfield trips to mine operations accessible by roadparticularly Hidden Valley, Ramu Nickel and Porgera. Inhis speech, Mr Werror encouraged the students and staffto appreciate and utilise such gifts to maximise learningand teaching outcomes. He further stated that thedonation reaffirmed the industry's commitment throughthe Chamber to encourage higher standards of learningand work performance.

The acting Head of the Department of MiningEngineering was in high spirits after receiving thedonation and stated that it was very timely and that theitems will greatly assist students in their studies. Suchgifts are a morale booster for both staff and students andpromote interest in studying and performing better.

Although the Chamber is extremely concerned about thecritical state of the universities in general, which haveseriously rundown over the last ten years because ofsevere funding cuts, we are particularly alarmed about theparlous state of the Unitech Mining EngineeringDepartment and the Earth Sciences Division at theUniversity of PNG (UPNG) because the most widely used

technical professionals in the industry are geologists andmining engineers. The Chamber and the industry havesupported these faculties in various ways over the yearsbut the situation has become critical because for manyyears there has been no basic government funding formaintenance of facilities, repair and replacement oflaboratory, computer and teaching equipment, or toincrease staff salaries.

It is difficult to retain or recruit national staff for thesefaculties at the present levels of remuneration as there is avery significant disparity between university salaries andindustry rates. Consequently some experienced staff havetaken up positions overseas or joined the domesticresource industry. Similarly, expatriate academics are noteasily attracted to PNG because of the low salary levels,the deterioration in the teaching facilities, the lack of anyresearch funds, and the law and order issues.

The 2010 Development Budget for Unitech includes anitem of K5 million for “Infrastructure Development forHuman Resource and Capacity Building” which includespurchase of some scientific equipment, and K8 million forthe establishment of a new “Petroleum and Petro-Chemical Engineering School” by 2011. This is in additionto the K34.8 million allocated for the recurrent operationsof the university.

UPNG have also been allocated additional funds forinfrastructure and equipment including K4 million for anew science building and K3.9 million for sciencelaboratory equipment.

Vice President of the Chamber, Musje Werror and Unitech Vice Chancellor, Misty Baloiloi cut the ribbon of the newMining Engineering Department bus donated by the mining and petroleum industry.



7

CHAMBER DONATES TO UNITECH MININGENGINEERING DEPARTMENT (continued)

The additional infrastructure and equipment funding ismost welcome although long overdue. More is needed tomaintain and upgrade the existing facilities and replaceobsolete equipment and teaching aids. Theestablishment of the Petroleum School is very timelygiven the development of the PNG LNG but it will face thesame staffing issues as Mining Engineering and EarthSciences.

The 19th PNG-Australia Ministerial Forum was held on 10June 2009 and the first five Implementation Schedules tothe Papua New Guinea - Australia Partnership forDevelopment were endorsed at the meeting. They detailmutual commitments to improve transport infrastructure,basic education, health, the public service and statistics.The Forum also announced that three newImplementation Schedules on HIV/AIDS, HigherEducation (tertiary and technical and vocationaleducation), and Law and Justice will be developed forconsideration at the 2010 Ministerial Forum expected tobe held in May. The Forum also agreed to a joint review ofthe PNG university system to be undertaken by Sir RabbieNamaliu and Professor Ross Garnaut.

The Garnaut/Namiliu review is well underway and isexpected to be finalised in several months time. TheChamber welcomes this study and the mootedsubstantial increase in support for overall tertiaryeducation in the new aid program. We are optimistic thatthe review will recommend a comprehensive andsystematic overhaul of the university system includingand upgrade in staff salaries.

The Chamber has established a partnership with AusAIDin higher education and AusAID has provided funding forthe Chamber to implement independent reviews of theEarth Sciences Division and the Mining EngineeringDepartment. Two academics from Australian universitieshave been retained to conduct the assessments which arecurrently underway. This will provide an externalevaluation of the two faculties and providerecommendations and strategies to address the issues.These reviews are very timely as they will dovetail in withthe Garnaut/Namiliu review and hopefully favourablyposition these faculties to benefit from the HigherEducation Schedule.

SELF RELIANCE PROGRAMS FOR WOMEN INMINING AND PETROLEUM COMMUNITIES

The project has covered a lot of ground in this year alonewith the completion of 80% of its activities. Working insome of the country's most remote communities, theproject has engaged trainers to deliver training in variousneeds areas ranging from income generation activitiessuch as sewing, cooking and baking to village healthvolunteer training.

Training in income generating activities namely sewingand cooking has been the most popular. This training hasbeen conducted in four project areas including Ok Tedi,Tolukuma, Hides Gas and Kutubu. Despite logisticaldifficulties, the project succeeded in getting the trainersand training equipment to the training locations. Trainingfor the Ok Tedi women was conducted at St. Gerard'sCatholic Church in Kiunga, while training for the Hides Gasproject area convened in Tari, Koroba and Hides 4. TheTolukuma training was conducted on site and featured inthe previous issue of the Bulletin.

Apart from income generation training, the project hasbeen engaged in agriculture, health and capacity buildingtraining for executives of women's associations. Capacitybuilding training for the women executives makes up thebiggest funding component of the project. This trainingwas specifically designed for women leaders andassociation executives covering four main topics

including Strategic Planning, Budgeting and Finance,Human Resource Management and Reporting andCommunication. The training was conducted in Wau,Kutubu, Lihir, Kainantu, Tolukuma and Ramu. Withpositive feedback from the participants, this componentof the project ended on Friday, December 4th after theRamu Nickel training.

Mt. Bosavi situated immediately west of Lake Kutubu in aremote area bordering the Western and SouthernHighlands Provinces was the venue for the three weekVillage Health Volunteer training. The training integratedSafe Motherhood which included Village Birth Attendant(VBA) training. A total of fourteen people participated inthe training, including six males. The program will also beconducted at Samberigi for women along the oil and gaspipeline.

Agriculture training was conducted successfully atPorgera and Watarais for Barrick Kainantu Ltd. SocialDevelopment Coordinator for Porgera, Mrs Yamis Gigimataccompanied by executives of the Porgera DistrictWomen's Association visited the Chamber to express theirappreciation and requested for a follow-up training toassess the progress of the training. Training for Porgeracomprised lessons in terracing, while training at Wataraisinvolved mixed vegetable farming and composting.



Additional to the agriculture program is the introductionof fish farming which was convened in Tolukuma over atwo week period to breed Carp and Talapia. The trainer iscurrently on site to inspect and ascertain the ponds areprepared correctly ready for the fingerlings to betransported to site.

The project will convene a Women in Mining andPetroleum Conference from the 23 to 26 March, 2010 in

SELF RELIANCE PROGRAMS FOR WOMEN INMINING AND PETROLEUM COMMUNITIES (continued)

Madang. This Conference will promote the role of womenin resource development. It will highlight the progress,achievements, and initiatives made by women's groups atresource projects across the country and explore theavenues for future support for women's programs. This isthe third conference to be convened in PNG dedicated tothe advancement of women in the PNG resources sectorand is expected to attract over 200 delegates.

Agriculture training for Barrick (Kainantu) Ltd communities at Watarais Junction, Morobe Province consisted ofinnovative agricultural techniques of cultivation to increase yield and economic value of traditional crops such as taro.Training was facilitated by Mrs. Funke Samana.

Twenty women from the Basamuk refinery area of the Ramu Nickel mine in Madang taking part in the Family LifeImprovement Training at Tugiak Village. The two week training facilitated by Village Improvement Foundationcovered topics including health and hygiene, nutrition and basic bookkeeping.



9

2010 WOMEN IN MINING AND PETROLEUM CONFERENCE23- 26 March 2010, Divine Word University, Madang

Program Outline:Session 1: Opening SessionSession 2: The Women in Mining (WIM) National Action Plan 2007 - 2012Session 3: Achievements and Progress of Women's Associations and Experiences with the Women in Mining and

Petroleum ProjectSession 4: Resource Project Gender Desks and NGOs - Current and Future Work ProgramsSession 5: Outcomes of the WIMAP Capacity Building Training for Women's Associations and Future Proposed New

Project Session 6: Support from the Government and International Agencies for Women's Programs in PNGSession 7: Support from Resource Projects for Women's Programs in PNGSession 8: Achievements of Women in the Private SectorSession 9: Breakout Groups to Discuss Current Issues

REGISTRATION FORMINDIVIDUAL REGISTRATION FEE is K300.00

(Fee includes 3 days morning and afternoon tea and lunches, cocktail Party, and the CD of the proceedings)

DELEGATE INFORMATION

Title: Mr / Ms / Miss / other (specify) ______________________________________________________________________

Surname: __________________________________________First Name:_________________________________________

Designation: _________________________________________________________________________________________

Organization/Company: ________________________________________________________________________________

Address: _____________________________________________________________________________________________

Phone: __________________________________________________Fax:_________________________________________

Email: _______________________________________________________________________________________________

PAYMENT DETAILS

Cash/Cheque_____________________________Cheque No:_________________________________

Cheques should be made payable to:PNG CHAMBER OF MINES - JSDF PROGRAMS FOR WOMEN TF 055412ACCOUNT NO: 13090762

(Note: Please add an additional K20 for transfers within PNG and K40 for those from outside of PNG to cover bank charges.All payment details should be included in the TT).

CANCELLATION / TRANSFER - Refunds will be given for cancellations 14 or more days prior to the conference. A handlingfee of 10% is charged on all cancellations. Substitutions are accepted upon prior notice

For further information please contact: Mary Daure or Melissa ObediahP (675) 321 2988 (Ext. 18) F (675) 321 7107 E [email protected] / [email protected]

SELF RELIANCE PROGRAMS FOR WOMEN INMINING AND PETROLEUM COMMUNITIES (continued)

THE PNG CHAMBER OF MINES AND PETROLEUM

is hosting the

Eleventh Papua New Guinea Mining and Petroleum

Investment ConferenceIncluding Finance and Technical Seminars

on 6 - 8 December 2010

at the Sydney Hilton Hotel

850 delegates registered for the last conference which was anoutstanding success. The Eleventh Conference is set to be the

biggest yet and will showcase PNG's exciting developments andthe unlimited opportunities in its vibrant resources sector.

Mining will feature PNG's newest mines including the country'sfirst nickel production, the world's first proposal for offshore

deep sea mining for high grade seafloor massive sulphidedeposits, as well as coverage of existing producers, advancedprospects and the exciting progress in the exploration arena.

Petroleum will highlight the construction of the prestigious PNGLNG project, progress on other gas proposals, new discoveries

and exploration particularly in the Papuan Foreland.

MARK YOUR DIARY NOW!

SPONSORSHIPOPPORTUNITIES

The PNG Chamber of Mines and Petroleum isinviting interested companies to become sponsorsof the Eleventh PNG Mining and PetroleumInvestment Conference in Sydney, Australia.

Funding support from sponsorship allows the Chamberto minimise the cost of the conference to delegates,which ensures optimum participation by allstakeholders. The funds also ensure the conferencestandards are maintained at a very high level.

The sponsorship packages include:

• Principal sponsors

• Major sponsors

• Entertainment for conference dinner sponsor

• Conference Booklet sponsor

• Product and Support sponsors, and other tailoredpackages.

In return for your generous support, sponsors willreceive full recognition which includes:

• Recognition in all media releases,acknowledgement during conference proceedingsand other forms of publicity wherever possible

• Opportunity to display corporate signage/banner inconference or trade exhibition area

• Opportunity to include corporate promotionalliterature as satchel inserts in all delegate bags

• Copies of the Profile magazine for distribution toclients and investors

BOOK YOUR SPONSORSHIP PACKAGE NOW!

For further information please contact Margaret Reid

[email protected]

Priority will be given to sponsors of the 2008 conference.

PROFILEPapua New Guinea’s most

sought afterMining and Petroleum magazine

ELEVENTHEDITION

2010/2011

Book YourAdvertising Space Early

For further informationplease contact Jacinta [email protected]

2009SEMINAR

SERIES CD’SOn Sale fromthe Chamber

Members - K60 eachNon-Members - K80 each

M I N I N G N E W S


13

The mining industry in PNG continues to be an importantpart of the PNG economy and the significant contributionof the Ok Tedi mine to the growth of the country over thepast twenty years should not be underestimated. This isparticularly important considering that the mine facesclosure at the end of 2013 at which time the substantialState, Provincial and community benefits from theoperation will cease unless mine life can be extended.

The company logo describes Ok Tedi as “More than aMine”. Whilst there is no escaping the environmentalimpacts that riverine tailings and waste disposal has hadon the Ok Tedi and Fly River systems, the very uniquestructure of the company provides benefits for thecountry unlike those from any other company. With 30%State ownership and a further 52% owned by PNGSustainable Development Program Company (PNGSDP),82% of the cash flow generated by the company is setaside for nation building. From the first gold pour in 1984,until the end of 2008 the company has delivered nearlyK14.8 billion in benefits through taxes, royalties,dividends, infrastructure projects, community projects,domestic purchasing, compensation and employment.

The company structure changed in 2001 as a result ofBHP's exit and the finalisation of the 9th SupplementalAgreement. Since then almost K6 billion has been paid toshareholders in dividends and over K4 billion in taxrevenues because of the strong commodity prices duringmuch of this time.

PAYMENT (1984 - 2008) K MILLION

Royalties:Mine Area Villages 136FRPG 220

Tax:Roadco Payments to NG (to 1995) 172Salaries and Wages Tax 580Tax Credit Scheme 126Other (company tax, DWT, duties etc) 4,584

Dividends:PNGSDP 3,366 National Government (NG) 991Fly River Province 856Mine Area Landowners 158

Compensation:CMCAs1 2378th Supplemental Agreement 116Other 73

In Country Purchasing 3,002

Health Services (including Tabubil hospital) 160

TOTAL 14,777

1 Community Mine Continuation Agreements

OK TEDI MINING UPDATEOk Tedi Mining Ltd (OTML) is often publicly accused of notdelivering on its 2001 9th Supplemental and CommunityMine Continuation Agreement (CMCA) commitments tothe people. Given the facts, it would be more appropriateto ask this question of the recipients of these substantialbenefits - the State, the Fly River Provincial Governmentand the PNGSDP - as much of this money is tied up inTrusts and banks rather than being used to develop theservices and infrastructure the Province and the nation sodesperately needs. Despite these massive accumulatedbenefits the deterioration of health, education andinfrastructure services in the Western Province hascontinued.

Government service delivery at all levels is a critical issuefor PNG. OTML supports the Government's position toreject the private Member's Bill (“the Kondra Bill”) thatproposes to amend the Mining Act to change Stateownership of minerals to private ownership. Theamendments are unfair and inequitable and would notdeliver benefits to the wider community but only to arelatively few people. The real issue relates to theintegrity, efficiency and accountability of the variouslevels of Government which are not providing services tothe community.

In addition to its legal obligations, OTML has alsoimplemented a number of projects for mine impactedcommunities focused on health and food security. Thelatest project to begin implementation is the North FlyHealth Services program, a K20 million 5 year project toimprove heath service delivery in the North Fly District ofthe Western Province.

OTML is one of the country's largest employers with over3,500 people in its operation as well as another 1,000people in spin off businesses. Over 95% of employees arePNG citizens. OTML is committed to educating thecountry's young people, its technicians and itsprofessionals. OTML is very proud of its training anddevelopment programmes which have seen thegraduation of 1,000 tradesmen from the apprenticeshipcourse and over 300 professionals from the universitygraduate training programme.

Despite the world's economic troubles of the past twelvemonths brought about by the global financial crisis, OTMLhas continued to perform well and 2009 financial resultswere well above expectations.

At the turn of the century, Tabubil's population wasaround 10,000 but it has tripled in the past 9 years. Lawand order, social issues and alluvial gold mining arebecoming issues for the town.

Mine Life Extension

The proposed extension of mine life at Ok Tedi until 2020presents a genuine opportunity for the State and for thecountry but the window for an extension is fast closing. Inorder for new ore to be available for processing in 2014,

M I N I N G N E W S14


stripping of the west wall must commence in 2010. Thatrequires the completion of a feasibility study along withinformed community consent and government approvalsby no later than October 2010. Also crucial to this is themodelling of environmental impacts which must also becompleted in that timeframe.

The mine extension is a significant project and there is abig prize, jobs, a higher level of economic activity in theWestern Province, and an estimated K3 billion ingovernment revenues and K2 billion in PNGSDPdividends. But the project can only proceed if there are nomaterial changes in environmental impacts and this partof the study will be crucial to the decision.

Any delay in the project will introduce a production gapthat will significantly devalue the project in terms ofeconomics and efficiencies. A gap beyond 18 monthswould most likely render the project uneconomic. If themine life extension does not eventuate and the mineclosure process is followed through, including thedemolition and removal of the company's plant andequipment, then the last remaining ore in the Mt Fubilanpit will in all likelihood be lost forever as it is unlikely anyfuture capital investment would be justified.

Whilst ambitious, the project schedule is achievable if allparties proactively support and engage in the parallelprocesses. It has been difficult to get Government tofocus on the project because of the PNG LNG project butin late November 2009 the Government announced itsdecision to approve OTML's purchase of Inmet's equity inOTML for consideration of a Net Smelter Return and a cash

payment. This transaction allows the remainingshareholders (the State and PNGSDP) to push ahead withexploring the options for mine extension beyond thepredicted closure date of 2013, including a full feasibilitystudy to ensure that any extension is environmentally andeconomically sound.

Ok Tedi remains vital to the economic welfare of thenation and its closure in 2013 would have enormousimpact on the country. The mine life extension willemploy more than double the PNG citizens than will theLNG project when it is in production. Because of OTML'sunique shareholder structure, the combined additionalbenefit to the country through Government revenues andPNGSDP and landowner dividends could be nearly halfthat derived from the PNG LNG project for the equivalentperiod.

OTML carries significant value in terms of its assets, itspeople and its incountry experience and goodwill. Thisvalue should be maintained as long as possible and theskills and experience utilised elsewhere in the country toassist other projects get off the ground. It is imperativethat the mine extension does not become one of thecountry's great lost opportunities.

The decision to extend the mine life to 2020 can only beultimately determined by the communities of the minesimpacted areas and the State. In the meantime, the minewill continue to be the country's most productive assetproviding not only financial benefit to the nation butadditional and substantial benefits to the community.

OK TEDI MINING UPDATE (continued)

P E T R O L E U M N E W S


15

PNG LNG PROJECT UPDATEThe PNG LNG Project will commercialise the Hides,Angore and Juha gas fields and the associated natural gasresources in the currently operating oil fields of Kutubu,Agogo, Gobe and Moran in the Southern Highlands andWestern Provinces of PNG. The gas will be treated at a gascondensate plant at Hides then transported via pipelineto a 6.6 million tonne per annum LNG plant and storagefacility to be located 20km north-west of Port Moresby.The 700km gas pipeline will span four provinces, SouthernHighlands, Western, Gulf and Central Provinces. It will bea great achievement for PNG to join the exclusive club ofLNG producing nations and once a core plant isestablished additional trains can be readily added in thefuture.

Participating interests in the PNG LNG Project areExxonMobil (Esso Highlands Ltd as Operator) 33.2%, OilSearch 29%, IPBC (on behalf of State) 16.6%, Santos 13.5%,Nippon Oil 4.7%, Minerals Resources DevelopmentCompany (on behalf of landowners) 2.8%, and Eda Oil Ltd(Petromin Holdings) 0.2%.

Papua New Guinea achieved a milestone when the PNGLNG Project was sanctioned in December 2009 when co-venturers of the project approved the Final InvestmentDecision (FID) that has paved the way for the multi-billiondollar project to proceed into the main constructionphase. PNG is set to receive in excess of US$32 billion indirect revenue from the Project over its 30 year life. Thesigning of the FID demonstrates the confidence thatExxonMobil and its co-venturers have in PNG along withother industry majors that have invested significant fundsinto developing the hydrocarbon and mineral resourcesof the nation.

At the project sanctioning, Grand Chief Rt. Hon. SirMichael Somare and Minister for Treasury and FinanceHon. Patrick Pruaitch acknowledged ExxonMobil and itspartners for their unwavering commitment to the projectsince the Gas Agreement with the State was signed in May2008. The Front End Engineering and Design (FEED)commenced at this time and this has involvedapproximately 17 months of complex studies to identifythe facilities and infrastructure needed and to formulatethe plans to execute the project. These studiesdetermined the most suitable route for the 700km gaspipeline and the site for the LNG processing plant and theassociated marine facilities, they also included detailedenvironmental studies, and social mapping to identifylandowners and impacted communities so they could berepresented at the benefits sharing agreements that hadto be signed before the FID.

The PM stated that the Government will now have to turnits attention to maximising the gains that can be realisedduring the US$15 billion (K37.9 billion) constructionphase. Minister Pruaitch in his speech stated that duringthe PNG Gas Agreement negotiations it was realised thatthe government would not benefit from any windfallprofits made by the project resulting in the reinstatement

of an Additional Profits Tax that operates in two tiers. Atthe higher level, the government tax take would increaseby 10%, making the sharing of excess profits an equitableaffair.

Development

A vital part of the work completed during the FEED phaseof the project was the selection of the major contractors.for construction and for supply of materials, equipment,and services including training of the PNG workforce forboth the construction phase and future operations.Success in the construction phase will put PNG onto theworld stage and success in the operations phase willdetermine whether or not we are long-term winners.

The first LNG deliveries are scheduled for 2014 followingthe phase 1 construction period whereby the natural gaswill be taken from eight new wells in the Hides structureand processed at the Hides conditioning plant. The gaswill then be piped direct to the LNG processing facilitylocated north-west of Port Moresby to be processed intoliquid, stored and shipped to the Asian markets. Phase 2will involve drilling two new wells at Angore and installingfield pipelines to the Hides plant in 2017-18. Phase 3 in2019 will see compression capacity increased at the Hidesgas conditioning plant and Phase 4 in 2021-2022 will bethe development of the Juha gas fields including aproduction facility. Phase 5 will involve the upgrading ofthe Agogo production facility as well as installing apipeline that will connect to the main gas pipeline.

To meet this schedule, the PNG LNG Project hascompleted contracts for engineering, procurement andconstruction (EPC) for the major construction work tocommence under the first phase of the five stagedevelopment plan. An early works program aimed atopening up and upgrading critical infrastructureincluding roads, bridges, and pioneer camps, and for sitepreparation, is well underway and expected to becompleted soon. The early works will ensure the efficientstart of the main construction work under the first phaseof the development plan.

The contracts for the major scopes of work have beenawarded to the following contractors including:

• Chiyoda JGC JV - LNG plant and associated facilities

• CBI Clough JV - Hides gas conditioning plant

• SPIECAPAG - onshore pipeline and infrastructure

• Saipem - offshore pipeline

• McConnell Dowell and Consolidated ContractorGroup Offshore JV - Komo airport expansion.

P E T R O L E U M N E W S16


PNG LNG PROJECT UPDATE (continued)

One of the key measures of success is safety performanceduring this construction phase. Anyone who has workedclosely with ExxonMobil will testify to the time and effortthat is devoted into maintaining safety. ExxonMobiloperates in all kinds of environments and conditionsaround the world. Its total recordable injury rate is 0.3 per200,000 work hours which is equivalent to one personworking safely for more than 300 years. The aim for thisproject is to ensure that nobody gets hurt and the projectis already working very hard on building the culture andprocesses to support achievement of that goal.

An important component of the approval process alsoincluded a comprehensive Environmental ImpactStatement (EIS) defining how the project will manage andmeet its environmental commitments. The EIS containsassessments undertaken by environmental experts withyears of experience working in PNG and information fromthe current oil field operations, resulting in one of themost detailed and definitive environmental assessmentsever completed in the country. Some key items in thestudy included the impact to natural vegetation, animalspecies, land and marine life, and socio-economic issues.

Benefits Sharing Agreement

The Umbrella Benefits Sharing Agreement(UBSA) is the overarching agreement whichoutlines how the State's project revenuestreams including royalty, development levyand equity dividends totalling some K15 - 20billion over the 30 year project life will bedistributed. In addition, the UBSA will committhe State to a number of infrastructureprojects in each impacted area. A key elementof the UBSA is the distribution of benefitsbetween development licences, pipelinelicences, LNG plant licence and also betweenthe provincial and local level governments.

Under the UBSA landowners will receive anequity holding in the project of 2.78%. Afurther 4.3% equity will be available to thelandowners and affected provincialgovernments through a commercial option toacquire 25.75% of the PNG Government'sremaining equity of around 16.6%.

Following the successful signing of theUmbrella Benefits Sharing Agreement in May2009, the Department of Petroleum andEnergy was able to negotiate and conclude theLicence Based Benefits Sharing Agreements intime for the FID. Landowners from fourprovinces will directly benefit from theseagreements and these include the SouthernHighlands, which hosts the gas fields and theHides conditioning plant as well as pipelineportions, Central, which hosts the LNGprocessing plant and marine facilities, Gulf,where the pipeline passes through, andWestern Province, which hosts the Juha fieldsand a production facility.

Financing

Another crucial aspect of the FID was the finalisation ofthe LNG sales and purchase agreements for the full LNGplant capacity. The plant will produce a total of 6.6 milliontonnes per annum (MTA) to be sold to internationalmarkets. ExxonMobil has successfully negotiated andsigned LNG gas sales deals with buyers in Japan andChina. The buyers include Osaka Gas Co. Ltd (1.5MTA) andTokyo Electric Power Co. Inc (Tepco) (1.8MTA), bothcompanies from Japan and, Unipec Asia Co. Ltd (Sinopec)a subsidiary of China Petroleum and Chemical Corp(2MTA) from China. The remaining 1.3MTA sales deal withChina Petroleum Co of Taiwan is under final negotiationand expected to be signed in the first quarter of 2010. All sales agreements are for a period of 20 years.

Project financing led by ExxonMobil involves paralleldevelopment of several sources of financing includingpotential funding from Export Credit Agencies (ECA),commercial banks and the bond market. For the ECAs,negotiations and lender due diligence commenced with a


17P E T R O L E U M N E W S

PNG LNG PROJECT UPDATE (continued)

group of lead ECAs in December 2008. Negotiation of aTerm Sheet for the ECAs and banks was concluded in June2009 and definitive documents were finalised in October.For the commercial banks, a Request for Proposal for leadarrangers was sent to over 40 banks in July 2009. For boththe ECA and Banks, written commitments were donebefore the final investment decision.

To access the bond market, ratings negotiations with thethree rating agencies (S&P, Moody's and Fitch)commenced in April 2009. Encouraging preliminaryratings indications were received in August and workcontinues to obtain two investment grade ratings. Ifachieved, bonds will be offered to global investors in thefirst quarter of 2010.

Economic Impact

This project offers an exceptional opportunity to show theworld, particularly the investment world, what Papua NewGuinea is capable of. The potential benefits are large sincethe economic impacts will reach well beyond the directinvestment in country and the tax and equity returns tothe stakeholders.

The project has the potential to materially impact theeconomy of PNG, boosting GDP and export earnings,providing a major increase in government revenue,royalty payments to landowners, creating employmentopportunities during construction and operation, andproviding a catalyst to further gas exploration anddevelopment as well as flow-on to other industries.Spending by direct beneficiaries namely employees,governments and landowners will lead to multipliereffects impacting on the broader economy.

The project will have a profound effect on the PNGeconomy. The net benefits arising from the project will belarge, provided the potential adverse pressures on somesectors are properly managed. Responsible governmentpolicies and strong governance processes will ensureoverall substantial positive development for the nation.

Employment and Education

The Project has committed K150 million (US$50 million) toconstruct and operate two trade training facilities that willbe located at the entrance of the Port Moresby TechnicalCollege at Idubada and at Juni in the Hides area which willprovide skilled labour to support the construction of theLNG processing plant. The project will also providesupport and upgrade a number of selected existingfacilities in Pomtech in the near term, and at theconclusion of the LNG Project construction Pomtech willtake ownership of the LNG training facilities.

This training venture is the first commitment from thePNG LNG National Content Plan relating to thedevelopment of a national workforce. Both facilities willtrain an estimated 850 graduates per year for the next fouryears. The first intake of construction trainees willcommence training in the second quarter of 2010.

The requirement for skilled manpower will lead topotential pitfalls for the economy if the impacts are notcarefully managed. For example, the project will needabout 1000 truck drivers. Their work, as they go aboutmoving equipment and supplies around the country,represents a significant safety challenge for the project.Hence, in order to meet the demand for skilled drivers andthe goal of ensuring nobody gets hurt, the project willrecruit and train drivers to a standard consistent withattainment of this goal. The company will devote part ofits new training facility at Pomtech towards up-skillinglocal drivers to have Australian standard accreditation.

“We are required to hire all of our truck drivers inside PNG,but it is not our intention to create a temporarily inflatedmarket for truck drivers that would negatively impactother industries in this country. What we would like to dois to take driver training in PNG to the next level. But thisis something we cannot do on our own. This will requiresupport and cooperation from all stakeholders -businesses, government and the community,” said MrGraham, Managing Director, Esso Highlands Ltd at the2009 Petroleum Seminar in Port Moresby.

It is certainly not the intention for the project's newtraining facilities to have a detrimental impact on PNG'sexisting training institutions. Therefore, apart frombuilding new facilities, the project will assist selected PortMoresby teaching institutions to leverage up toAustralian-recognised accreditation. These are just a fewexamples of how ExxonMobil can work with theGovernment and the community to maximise the value ofthe gas resource and provide long-term sustainablebenefits for PNG.

Success with this project will contribute significantly to animproved outlook for PNG, and particularly for youngPapua New Guineans.

Conclusion

The project has secured access to land for the LNG Plantand marine facilities which will be located adjacent to theshoreline at Caution Bay near Port Moresby Harbour. Inthe upstream part of the project, negotiations for landaccess and compensation agreements are well advancedfor the pipeline and sites for various facilities.Resettlement of families impacted directly by projectactivities around the site of the Komo Airstrip and HidesGas Conditioning Plant is progressing along withextensive consultation.

It can be noted that the company has accomplished agreat deal since the signing of the gas agreement with theState in May 2008 but there are more challenges ahead.The signing of the final investment decision marks thestart of the execution of the project.

One of the strengths of ExxonMobil is that it has been inthe energy supply business for a very long time and has awell-earned reputation for completing its major projectson budget and on schedule.

18


CHAMBER PUBLICATIONS ORDER FORMCOMMUNITY AFFAIRS PUBLICATIONS MEMBER NON-MEMBER QTY

Community Relations Manual Volume 1 K 40.00 K 50.00

Community Relations Manual Volume 2 K 40.00 K 50.00

Landowner Compensation in PNG's Mining & Petroleum Sector K 45.00 K 60.00

Valuer Generals Compensation Schedule for Trees & Plants,all regions 2008 K5.00 K 10.00

Compensation Schedule for Land Use and Land Damage, andMan made Structures in Mining and Petroleum Sectors. Free K 5.00

CD's MEMBER NON-MEMBER QTY

1999 Mining and Petroleum Investment Conference, Sydney K 40.00 K 50.00


2001 Community Affairs Conference, Lae K 35.00 K 40.00

2002 Mining and Community II Conference, Madang K 40.00 K 45.00


2005 PNG Geology Exploration and Mining Conference, Lae K 30.00 K 50.00

2006 PNG Mining Seminar K 25.00 K 30.00

2007 Seminar Series - Mining K 50.00 K 70.00

2007 Seminar Series - Community Affairs K 50.00 K 70.00

2007 Seminar Series - Petroleum K 50.00 K 70.00


2009 Petroleum and Mining Seminars, Port Moresby K 60.00 K 80.00

STUDENTS BOOKS MEMBER NON-MEMBER QTY

The Oilfield K 5.00 K 5.00

Hunting for Minerals and Oil in Papua New Guinea K 5.00 K 5.00

It's a Goldmine K 5.00 K 5.00

What is Gold? FREE FREE

Starting a Business K 8.00 K 8.00

Starting a Business, Teacher's Guide FREE FREE

Careers Handbook K 15.00 K 20.00

TECHNICAL CONFERENCE PROCEEDINGS MEMBER NON-MEMBER QTY

1st PNG Petroleum Convention Proceedings Volume 1 K 60.00 K 60.00

2nd PNG Petroleum Convention Proceedings Volume 2 K 70.00 K 70.00

3rd PNG Petroleum Convention Proceedings Volume 3 K110.00 K110.00

4th PNG Petroleum Convention Proceedings Volume 4 K260.00 K260.00


19

TECHNICAL CONFERENCE PROCEEDINGS (continued) MEMBER NON-MEMBER QTY

Set of 4 Volumes- 1st, 2nd, 3rd, 4th K450.00 K450.00

PNG Geology Exploration and Mining Conference Proceedings 1997 K 55.00 K 55.00

OTHER BOOKS MEMBER NON-MEMBER QTY

Earth Tok K 40.00 K 50.00

Introduction to Mechanised Small Scale Gold Mining (English version) K 5.00 K 7.00

Soim Wei Bilong Yusim Ol Masin Long LikLik Wok Gol. (Pidgin version) K 5.00 K 7.00

Mercury-Safe Uses in Small Scale Alluvial Gold Mining (English version) K 5.00 K 7.00

Mekuri-Lukautim Yu Yet Taim Yu Wok Gol. (Pidgin version) K 5.00 K 7.00

Introduction to Small Scale Gold Mining Techniques (English version) K 5.00 K 7.00

Sampela Ol Isipela Wei Bilong wok Gol (Pidgin version) K 5.00 K 7.00

Wei Bilong Ronim Gut LikLik Wok Gol Bisnis K 5.00 K 7.00

Helt Na Sefti Long LikLik Wok Gol K 5.00 K 7.00

Gold - From Gold Pans and Sluice Boxes to Bars and Jewellery K 5.00 K 7.00

Gol - Wok Gol Igo Inap Long Kukim na Wokim KainKain Samting K 5.00 K 7.00

Lukautim Wara, Bus Na Graun Bihain Long Yu wok gol Na Pinisim Wok Gol K 5.00 K 7.00

Oil & Gas Act, No 49 of 1998. Consolidated to No. 3 of 2006 K 40.00 K 50.00

Directory of Associate and Service Members K 25.00 K 35.00

Mount Kare Gold Rush K 130.00 K 130.00

VIDEO TAPES - English and Pidgin Version MEMBER NON- MEMBER QTY

Small Scale Mining - Mercury use in Small Scale Mining (English)Small Scale Mining - Introduction to Small Alluvial Gold Mining K 60.00 K 80.00Small Scale Mining - Small Scale Mechanised Alluvial Gold Mining

Small Scale Mining - Mercury use in Small Scale Mining (Pigin) K 50.00 K 60.00

THE ABOVE PRICES ARE EXCLUSIVE OF THE 10% VAT AND AIR FREIGHT COSTS.PLEASE ADD 10% VAT UNLESS YOU ARE EXEMPT FROM VAT.

FREIGHT COSTS WILL BE CHARGED WHERE APPLICABLE.

NAME:_______________________________________________________________________________________________

ORGANISATION: _______________________________________________________________________________________

ADDRESS: ____________________________________________________________________________________________

PHONE: _______________________FAX: _________________________EMAIL: ___________________________________

For more information contact the Chamber on the below address.P.O. Box 1032, Port Moresby, NCD. 121, Papua New Guinea

Phone: (675) 321 2988 Fax: (675) 321 7107Email: [email protected] Website: www.pngchamberminpet.com.pg

CHAMBER PUBLICATIONS ORDER FORM (continued)

CHAMBER COUNCILIla Temu - President

Peter Graham - Senior Vice PresidentMusje Werror - Vice President

Peter Botten - CouncillorBorone Isana - Councillor

John Gooding - CouncillorChristian Vinson - Councillor

Jenni Lean - CouncillorPaul Coleman - Councillor

Ray Ninnes - CouncillorWilliam Hughes - Councillor

Francis Waina - Councillor

SECRETARIATGreg Anderson - Executive Director

PNG Chamber of Mines and Petroleum

P.O. Box 1032, Port Moresby, PAPUA NEW GUINEA

Telephone: (675) 321 2988 Facsimile: (675) 321 7107

Email: [email protected]

Website: www.pngchamberminpet.com.pg

PNG Chamber of Mines and Petroleum Office Location Map

POSTAGEPAID

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PAPUA NEW GUINEA CHAMBER OF MINES AND PETROLEUM …pngchamberminpet.com.pg/images/pdf_files/bull_vol13no.2.pdf · Bulletin PAPUA NEW GUINEA CHAMBER OF MINES AND PETROLEUM Published