Pacific / Papua New Guinea

BCL restates commitment to mining in Bougainville

15:37 pm on 3 June 2016

The chairman and managing director of Bougainville Copper Ltd, Peter Taylor, says the company remains committed to its vision of sustainable mining there.

He told the annual meeting in Port Moresby on Wednesday that they are happy at the growing strength of the company's relationships in the autonomous Papua New Guinea region.

BCL's closed Panguna mine was at the centre of the violence that tore Bougainville apart in the 1990s.

The Bougainville Government is keen for a resumption of mining and Mr Taylor says the company has had positive engagement with many local interest groups, including landowners, in the Panguna area.

Bougainville's Panguna copper mine Photo: Supplied

He says while some landowners remain opposed to reopening the mine for a range of reasons, there seems to be a clear majority in favour of redevelopment.

Mr Taylor says BCL's vision to return to active exploration and profitable, sustainable mining remains intact.