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To: jpthoma1 who wrote (86653)7/9/2007 10:38:30 PM
From: ogi  Respond to of 314482
 
Hi JP:

I really think NUS fell on the collapse of the contract mining ship loss.

I really do not know the answers to your well formed questions.
What I do know is that PNG has a history of contentious mining issues, taxation, indigenous peoples and environmental concern.

It seems in general the fights are over the spoils more than over pro or con mining. NGO 's are another issue and I am sure they will sound alarms over NUS despite the facts.

The fact that NUS will have no indigenous issues, have no mine site in the open ocean for easy NGO protest, have included the PNG Gov't from an early stage all bode well for them.

Some interesting reading here on Mine issues with PNG. Seems the central gov't is aware they need to be competitive in attracting capital:

adb.org

Cheers,
Ogi