Australian-based company’s PNG mine could pose big environmental risk

Gold and copper project for Sepik region also has potential to cause social conflict and unrest, report saysA gold and copper mine proposed for the Sepik region in Papua New Guinea by an Australian-based company threatens to destroy the health of a major river system, poison fish stocks and cause violent unrest, a report has found.The Chinese-owned company, PanAust, says the Frieda river project could have a 45-year life span and generate A$12.45bn in tax, royalties and production levies for the PNG government and landholders. Continue reading...

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