A Bougainville businessman has urged people to consider opening the abandoned Panguna mine in Papua New Guinea and take advantage of the high prices for gold and copper.
Businessman Napi Kandaso, a former employee of Bougainville Copper Ltd, has told the National newspaper that the time was right to reassess the future of the mine
He says last year BCL netted a profit of almost 40 million US dollars.
He said the Bougainville crisis was a result of neglect and incompetence from successive PNG governments who failed to renegotiate the BCL agreement every seven years.
