Fees Information

Fees & Explanations

AMOUNT AREA PERIOD
K90.00 1 Sub Block Year 1 & 2

(3.41 km2) Term 1
K180.00 1 Sub Block Year 2 & 3

(3.41 km2) Term 2
K470.00 1 Sub Block Year 3 & 4 onwards

(3.41 km2) Term 3 & 4 onwards

Minimum Expenditure Requirements

Term 1 K400 per sub block annually
Term 2 K1000 per sub block annually
Term 3 K2000 per sub block annually

Conditions for Renewal

  • Fufill work proposals
  • Submit bi-annual reports

License Conditions

  • Work Programs
  • Expenditure
  • Reporting
Home   |   About Us   |   Geology & Mining   |   Investors   |   Downloads   |   Publications   |   Media   |   Help   |   Contact Us   |   Privacy Policy  |  Terms of Use

Copyright 2011 by Mineral Resources Authority of Papua New Guinea