Bougainville, Papua New Guinea
Bougainville Mining Overview
For 18 years, the Panguna Mine in Bougainville, Papua New Guinea, was operated by Rio Tinto and Bougainville Copper Limited (BCL). With the expiration of contracts with both companies, the Bougainville Government is now actively seeking new partners to reopen the mine.
Kokoda Project is an early-stage mining development located in the Tonolei area of Bougainville. The Taki and Siurai prospects within this region are highly prospective for porphyry copper-gold (Cu–Au) and epithermal vein-style gold deposits.
To support resource development, the Bougainville Government has issued five exploration licenses for gold and copper, covering projects including Panguna and Kokoda. The government has designated BOU&KO LTD, a state-owned enterprise, to lead development efforts and oversee all exploration licenses under its control.
Exploration Licenses
Ocher Bridge Limited is the legally appointed representative of both the Bougainville Government and BOU&KO LTD.
For 18 years, the Panguna Mine in Bougainville, Papua New Guinea, was operated by Rio Tinto and Bougainville Copper Limited (BCL). With the expiration of contracts with both companies, the Bougainville Government is now actively seeking new partners to reopen the mine.
Kokoda Project is an early-stage mining development located in the Tonolei area of Bougainville. The Taki and Siurai prospects within this region are highly prospective for porphyry copper-gold (Cu–Au) and epithermal vein-style gold deposits.
To support resource development, the Bougainville Government has issued five exploration licenses for gold and copper, covering projects including Panguna and Kokoda. The government has designated BOU&KO LTD, a state-owned enterprise, to lead development efforts and oversee all exploration licenses under its control.
Exploration Licenses
- EL01 – Panguna Area: BCL, Panguna Project
- EL02 – Isina Area: Isina Resources Limited
- EL03 / EL04 – Kalia Area: Tore Joint Venture
- EL05 – Tonolei Area: SRMI, Kokoda Project
- Mining Concession Rights: 100% owned by the Bougainville Government
- Mining Land Ownership: 100% held by the Bougainville Landowner’s Association
- Mine Development Authority: Fully vested in the Bougainville Government
- Reference: Bou & Ko Business Licence
- Reference: Designation of Contracting Parties by Department of Finance & Treasury
Ocher Bridge Limited is the legally appointed representative of both the Bougainville Government and BOU&KO LTD.
Panguna Project - Panguna Mine
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Kokoda Projects - Taki and Siurai Prospects
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