Latest Exploration Licence Suspension News

Bougainville Copper Limited’s key exploration licence EL01 is suspended after a 25-year large-scale mining lease was granted to Bougainville Minerals Limited over the same land, prompting the company to form an independent committee to assess legal and strategic options.

Bougainville Copper Limited has been officially notified that its Exploration Licence No. 01 is suspended following the Bougainville Executive Council’s approval of a 25-year Large-Scale Mining Lease granted to Bougainville Minerals Limited over the same land.