Source: PNG Loop

Nautilus Minerals Ltd has signed an agreement with the East New Britain Provincial Government to strengthen the partnership between the two parties.

Nautilus Minerals country manager Mel Togolo in a statement said the memorandum of understanding (MOU) signified the commitment to and the continuation of a positive working relationship between the ENB Provincial Government and Nautilus Minerals.

“The MOU provides a framework for on-going cooperation between the ENB and Nautilus Minerals to achieve mutually beneficial outputs.

“It is an understanding to strengthen dialogue between the two parties through the establishment of the East New Britain-Nautilus Minerals Working Group,” he said.

Mr Togolo said the group would act as the main point of contact between the provincial government and Nautilus Minerals in arranging meetings, sharing information and consulting with communities.

Meanwhile, Nautilus Minerals’ president and CEO Mike Johnston said: “It was satisfying to firm up the relationship with ENB through the MOU and we look forward to working together.”

The signing was witnessed by the East New Britain Provincial Government and administration staff and officers from Nautilus Minerals.

Nautilus also maintain their working relations with the National Fisheries Authority on helping people understand that the project will not impact tuna stocks