Bougainville Copper - the Rio-Tinto subsidiary that owns the mine that sparked Bougainville's civil war - says it hopes to re-open its Panguna operation in 3-5 years time.
Chairman, Peter Taylor, told the Papua New Guinea Australia Business Forum in Madang that BCL is taking a very different approach this time round.
The comments come as a leading international banker warns PNG is slipping behind Africa in the race for the mining investment dollar.
Presenter:Jemima Garrett Speaker eter Taylor, chairman, Bougainville Copper Limited Listen: Windows Media
Link Provided: www.abc.net.au/ra/pacbeat/stories/m1990639.asx
BOC Price at posting:
$1.45 Sentiment: ST Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)