Tag Archives: Mangi Mining with Anthony Stone

MRDC investigates MRSM

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By Tony Stone Mineral Resources Development Company (MRDC) has begun investigations into allegations of corruption by the management of its subsidiary Mineral Resources Star Mountains (MRSM). MRDC’s action was in response to a PNG Echo story exposing alleged financial mismanagement of MRSM companies which include Fubilan Catering Service (FCS), the Tabubil caterer that provides meals for the now 100% state-owned Ok Tedi Mining Limited. MRDC Managing Director, Augustine Mano, replied to PNG Echo’s allegations in an email, this week: We have taken the allegations (raised by PNG Echo) seriously and are taking appropriate action to address the issues. We have engaged Continue reading MRDC investigates MRSM→

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Solwara 1: a done deal?

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Will the decision on whether this project will go ahead be for the greater good of the majority (those that have a real stake in the outcome) or will it only serve to enrich a disinterested and privileged minority far removed from the project’s impact and consequences? By Tony Stone Minister for Mining, Hon Byron Chan, recently declared in Parliament that the “government is still deliberating” on Solwara 1. Confusingly, his words contradict his actions. For, despite the negative public reaction to Nautilus Minerals’ Solwara 1 project, the Minister and his father, Sir Julius Chan, Governor of New Ireland, are Continue reading Solwara 1: a done deal?→

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