Yes, the Chinese have been very interested in the project and offered big money and development plans for the island including key infrastructure, but the locals are not keen on dealing with them due to their lax record on environmental issues. They don't want a repeat of the Rio Tinto fiasco that polluted their rivers and they still refuse to clean up to this day!
Thats why the Special Mining Lease Osikaiyang Land Owners Association (SMLOLA) whom own the mineral rights at the old Panguna Mine wants to deal with RTG and like their approach to developing the mine in stages.
The Panguna Mine was the largest operating copper and gold mine in the world prior to closure. The mine operated for 17 years and produced 3Mt or 6.6Blb of Cu and 9.3Moz of Au. The Joint Venture established between the SMLOLA and Central Exploration which RTG owns 70% of Central.
RTG is nominated as the Landowner’s Developer of Choice.
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