IDC 0.00% 0.0¢ indochine mining limited

Just read this if anybody is interested:...

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    Just read this if anybody is interested:

    http://www.thenational.com.pg/?q=node/97524

    MRA: No landowner body for Mt Kare | The National
    MRA: No landowner body for Mt Kare

    Source:
    The National, Thursday November 5th, 2015
    THE Mineral Resources Authority says there is no recognised body to represent landowners on the development of the Mt Kare gold in Enga.
    A MRA official said acourt-sanctioned mediation on July 24 and August 17 this year confirmed 19 major landowning clans with Justice Ambeng Kandakasi and Deputy Chief Magistrate Mark Pupaka.
    “Currently the Exploration License (EL 1093) is with Summit Development Limited and waiting for its renewal which is before the Minister for Mining ( Byron Chan),” the official said.
    “There is no free license that the landowners can claim ownership and look for investors on their own.”
    But according to landowners who met last week in Wabag, the Mount Kare Gold Development Corporation was declared their sole legitimate landowner umbrella company.
    Twenty one clans declared that the company would be the only legitimate landowner company responsible for all business deals and negotiations between the developers, the Government and the provincial government and developers regarding the Mt Kare gold project.
 
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