Morobe on hold pending tax changes, Aurora says

EARLIER this week Aurora Gold announced that the Morobe project was not feasible in Papua New Guinea. However, the issue was not with the robustness of the project but with the amount of profit to be siphoned off by the PNG government.

Aurora managing director Alan Scott said the company had demonstrated that the 500,000 ounce per annum Morobe project was technically and environmentally robust, but further number crunching