050416 TWO LICENCE COMPANIES
BY Tom Kathoa
Two Gold Dealer companies have already paid for their licenses in compliance with the new Bougainville Mining Act of 2015 to buy and sell gold and other minerals in the region.
They are the Eastern Minerals Gold Limited and Nickel Gold Mine Limited who received their licenses from the Minerals and Energy Resources Minister, Hon Robin Wilson in Buka today.
Minister Wilson in congratulating the two companies said they are free to conduct their business in the open, with the full knowledge that they are legally protected by the law.
The mining minister has also called on other companies and groups wanting to enter into such a business to get a licence before the grace period is up on the 21st of this month.