Mineral Resources Authority (MRA) – Copper

In Papua New Guinea, the mining and exploration of Copper is primarily governed by the Mineral Resources Authority (MRA) which is the regulatory body responsible for issuing mining licenses and overseeing the exploration and production of minerals, including copper, in the country.

The MRA is responsible for issuing licenses and permits for mining activities, enforcing rules and regulations related to mining, and collecting royalties and other fees from mining companies. The MRA also works with mining companies and other stakeholders in the industry to promote best practices and improve the sustainability of the mining sector in PNG. The MRA is headquartered in Port Moresby, the capital city of PNG, and has offices in other parts of the country as well.

The Mineral Resources Authority (MRA) of Papua New Guinea is the government agency responsible for regulating the exploration, development, and mining of mineral resources in Papua New Guinea. The MRA aims to ensure that the country’s mineral resources are developed in a sustainable and responsible manner, for the benefit of the people of Papua New Guinea.

The MRA plays a number of key roles, including:

1. Administering the Mining Act 1992 and other relevant legislation
2. Issuing mining leases and licenses
3. Collecting royalties and other fees
4. Carrying out environmental assessments and monitoring the environmental impacts of mining activities
5. Promoting the development of the mining sector and attracting investment
6. Providing technical advice and assistance to the government and industry stakeholders
7. Collaborating with other agencies and organizations to support the sustainable development of the mining sector in Papua New Guinea.

Important facts about the Mineral Resources Authority (MRA) of Papua New Guinea:

1. The Mineral Resources Authority (MRA) of Papua New Guinea was established in 1992, following the adoption of the Mining Act 1992.
2. The MRA is headquartered in Port Moresby, the capital city of Papua New Guinea.
3. The MRA is responsible for regulating the exploration, development, and mining of mineral resources in Papua New Guinea. This includes issuing mining leases and licenses, collecting royalties and other fees, and carrying out environmental assessments.
4. The MRA works to promote the development of the mining sector in Papua New Guinea and attract investment to the country.
5. The MRA is also responsible for providing technical advice and assistance to the government and industry stakeholders, and collaborating with other agencies and organizations to support the sustainable development of the mining sector.
6. The MRA’s mandate includes ensuring that the country’s mineral resources are developed in a sustainable and responsible manner, for the benefit of the people of Papua New Guinea.
7. The mining sector is a significant contributor to the economy of Papua New Guinea, accounting for a significant portion of the country’s exports and government revenue.