Businessweek
PNG CORE President Anthony Smaré mentioned lately that PNG benefits from one of many strongest gold production monitoring regimes on the planet and PNG should feel happy with its current regime in place. “PNG’s mining industry adheres to a very rigorous normal and comprehensive scrutiny by government companies to ensure transparency and accountability in gold production and all of PNG’s working mines have been compliant to those reporting standards and scrutiny. As of 2020, MRA makes use of a live data monitoring digital platform which allows the authority and the government real-time information on mineral data and operations of all major mines in operation within the country. The mines pay MRA over K50m in levies every year to make sure that the MRA is funded to implement its regulatory position. In addition to the intensive authorities oversight, the business also topics itself to several unbiased verifications of gold quality and …
