PNG PROVIDES INVESTORS WITH MINERAL DATA

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Goal to increase foreign investment

MELBOURNE, Australia (Radio Australia, April 25, 2010) - Potential foreign investors in Papua New Guinea’s mining sector can now have direct access to mineral data.

They gain access to the information through the Mineral Resources Authority.

Data collated by Airborne Geophysical Survey and Geomap covers most of the resource-rich Highlands region of PNG.

This is an area of about 40 square kilometers, from Eastern Highlands to Enga, and covering parts of Southern Highlands.

The head of the Mineral Resources Authority, Kepas Wali, says by making the data available they hope to increase future foreign investment in PNG’s mining sector.

Mining is a key part of PNG’s economy.

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