Lae

The team from Wafi-Golpu yesterday presented the feasibility study update to Deputy Prime Minister Charles Abel and Mining Minister Johnson Tuke in Port Moresby.

The update will form part of a revised proposal for development in support of the Special Mining Lease application, which was also submitted to the Mineral Resources Authority (MRA) in Port Moresby the same day (March 20).

The event was launched with a K50,000 sponsorship from foundation sponsor Oil Search Limited (K25,000) and Lae-based Mapai Transport Limited (K25,000).

This is the sixth year that the event will be hosted to support the work of the PNG Cancer Relief Society in Lae.

The corporate challenge will be held in Lae on August 19th.

Oil Search PNG communications manager, Ruth Waram, said the sponsorship covers the hosting of the event, whilst 100 percent of the funds raised from the  event will go directly to the PNG Cancer Relief Society to assist their work.