The European Union funded mining sector support programme (SYSMIN project) in Papua New Guinea is now in its 5th year of implementation and is progressing well with some of the projects having already been completed. The most visible and also the first to be completed is the Mining House and also the headquarters of the Mineral Resources Authority. Situated at the site of the former colonial administration headquarters in Konedobu in Port Moresby, the Mining house was constructed at a total cost of twenty four million kina and was completed in May 2007 and handed over to the Mineral Resources Authority in June 2007.
It was the severe drop in earnings from PNG’s mineral exports in 1997 that triggered the country’s eligibility for EU-SYSMIN funding. A comprehensive eligibility study was conducted in 2000-2001, and concluded that PNG met all the eligibility criteria laid out in the Lome IV Convention. The eligibility study also outlined a 50 million Euro dollars 6 year Mining Sector Support Programme (MSSP) consisting of ten projects. The financing agreement to implement this programme was signed on July 10, 2002.
The design of the MSSP is very much relevant to the needs of the mining industry of PNG and reflects a close consultation between all the stakeholders. The concept covers all the major aspects relating to the development of an investor friendly environment on the one hand and the provision of support to small scale gold mining on the other...........
Please download the PDF File to read more on the Project 
For more Information on European Union SYSMIN Project check SPU Page