With South-South trade on the rise and growth in emerging economies set to outstrip production in industrialised countries, the international mining sector has been quick to follow global trends.
In recent years, significant mining activity has moved from the developed to the developing world, with the latter’s share of global trade in minerals increasing from less than one-third in 2000 to nearly half in 2010.
Sepu people question logging activity in their area
Nathan Matbob
The people of the Sepu area along the Ramu River in the Usino-Bundi District of Madang held a meeting with representatives from logging company Madang Timbers and the PNG Forest Authority at the village more than a week ago. Representatives from the Forest Authority however, did not attend on the reason that their forester rep was not available at that time.
The Anti-Corruption Sectretariat in the Prime Minister's Department has released for public consultation a number of documents on the proposed Independent Commission Against Corruption.
The documents (which can be downloaded below) are:
Grandeous plans for the Pacific Marine Industrial Zone in Madang, which is meant to house 10 new tuna processing factories, are fatally flawed as the designs do not include a power plant or water supplies.
This means that although the government is saying the project can now go ahead (see story below) in order to appease the Chinese, the PMIZ is in fact dead in the water.
THE commissioners of the special agriculture business leases (SABL) have been given an ultimatum of 30 days to produce the final report or refund the money approved for the inquiry to the State.
Prime Minister Peter O’Neill told Parliament last Friday that if the 30 days expired without a suitable response, the commissioners would be referred to the appropriate authorities to recover the money and fees paid to them.