Article

The Autonomous Bougainville Government has rejected a partnership proposal between Bougainville Copper Limited and CMOC Group Limited for the Panguna copper mine, emphasizing its intent to maintain ownership control. President Ishmael Toroama announced that BCL must cease discussions with CMOC and instead collaborate with Lloyds Metals & Energy Limited, which has been selected as the preferred partner for future mining operations. This decision reflects the ABG's commitment to transparent progress and strategic partnerships in the redevelopment of the Panguna site.