CAPITAL MARKETS

'A sad day for PNG'

THE Ok Tedi mine in Papua New Guinea is a step closer to being nationalised as its BHP Billiton-established majority owner caves into government pressure and calls for a constructive dialogue over a “fair exit” from the mine.

Blair Price

'A sad day for PNG'

The government campaign against PNG Sustainable Development Program, the BHP-created Singapore-based trust company which owns 63.4% of Ok Tedi, even forced the resignation of chairman Ross Garnaut last...

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