PNG’s Frieda River landowners have reaffirmed their commitment to work collaboratively with PanAust on the Frieda River copper-gold project.
The Frieda River project was established as a nation building opportunity for PNG and a sustainable development opportunity for the Sepik region.
The project is operated by Frieda River Limited, a wholly owned subsidiary of PanAust Limited.
The project aims to help build stronger and more viable communities by establishing public infrastructure, generating skilled employment, and creating business opportunities for local people.
The Frieda River project comprises the Frieda River copper-gold, Frieda River hydroelectric, the Sepik infrastructure, and the Sepik power grid projects.
Since 2014, the project has invested more then $US200 million into PNG across a range of areas.
Landowners made the commitment to continue supporting the project earlier in the month at the first Community Leaders Forum of 2024, which brought together 24 representative community leaders.
The forum is a regular pre-development meeting that provides an opportunity for Frieda River Limited to inform and consult with key stakeholders in the lead up to the final permitting of the project.
Such liaisons have been a long-standing part of Frieda River Limited’s engagement and consultation process.
This specific meeting provided an update to the leaders on the advancement of the permitting phase of the project and the Frieda River hydroelectric project.
The sessions were extended to openly discuss and resolve community concerns and answer questions on the technical and engineering aspects of this project of national significance.
The meeting concluded with a review of the Frieda River Accord.
Signed in 2018, the Frieda River Accord calls for a PanAust and community shared vision and values of working cooperatively and resolving any differences of opinion and expectations while mutually advancing the Frieda River project.
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