PNG a mining danger zone

When it comes to mining, Papua New Guinea poses serious risks.

Buying cheap shoes is never a good idea. It’s what your mum said, and it’s what Australian investors are telling company managers who think snapping up a bargain in Papua New Guinea is a bright idea.

Newcrest Mining’s trouble with local clans on Lihir Island, just off PNG’s north coast, is a case study of what can go wrong in a country known for poor governance standards and where segments of its population can be unruly.

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