Bougainville Copper Limited, Newscuttings And Transcript Compilation

Description

Agent TypeOrganisationActivities & OccupationsMining companiesHistoryBougainville Copper Limited operated an open cut mine at Panguna on Bougainville Island, Niugini, and associated treatment works and infrastructure for the extraction and export of copper/gold concent- rate. Operating from 1972 the mine proved one of the CRA group's most successful ventures, providing over the next 15 years 45% of PNG's exports and 17% of government revenue. During initial surveying the mine became entangled in disputes with local landowning groups.Initially overcome these periodically resurfaced and after Bougainville declared independence eventually forced suspension of mining in May 1989 and abandonment of the operation in the following December.

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Bougainville Copper Limited, Newscuttings And Transcript Compilation