2012 continues to be another year of positive development leading to the re-commencement of operations at the Panguna mine, owned and previously operated by Bougainville Copper Limited.

Both the Autonomous Bougainville Government and the National Government of Papua New Guinea have expressed the view that the Autonomous Region is ready for economic development, and that the impact project most acceptable to the people of Bougainville is a re-started operation at Panguna.