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Bougainville Copper’s Partner Pick Faces Political Roadblock Ahead of Panguna Revival

9:15am on Friday 30th of January, 2026 AEDT Mining
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Bougainville Copper’s Partner Pick Faces Political Roadblock Ahead of Panguna Revival

9:15am on Friday 30th of January, 2026 AEDT
Key Points
  • Bougainville Copper board endorses CMOC Group as preferred mining partner
  • Autonomous Bougainville Government president opposes CMOC, favors Lloyd Metals & Energy
  • LMEL withdrew from initial selection but signed separate MoU with ABG
  • Ongoing negotiations ahead of critical ABG cabinet meeting
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