Geopacific CEO highlights issues for PNG juniors

IT'S a hard slog for mining juniors in Papua New Guinea – made worse by a view that it’s a risky jurisdiction – which is something the government needs to address in order to capitalise on world-class orebodies, Geopacific Resources chief executive Tim Richards told the 16th PNG Mining and Petroleum Investment conference in Sydney yesterday.

Geopacific CEO highlights issues for PNG juniors Geopacific CEO highlights issues for PNG juniors Geopacific CEO highlights issues for PNG juniors Geopacific CEO highlights issues for PNG juniors Geopacific CEO highlights issues for PNG juniors

Geopacific CEO Tim Richards

The CEO - whose company suspended construction on its flagship A$255 million Woodlark gold project earlier this year - warned of a tight and tightening labour market, a challenging foreign exchange