{"id":1037,"date":"2025-09-16T05:18:55","date_gmt":"2025-09-16T05:18:55","guid":{"rendered":"https:\/\/www.friedariver.com\/?p=1037"},"modified":"2025-09-16T05:18:55","modified_gmt":"2025-09-16T05:18:55","slug":"frieda-river-celebrates-papua-new-guineas-50th-year-of-independence","status":"publish","type":"post","link":"https:\/\/www.friedariver.com\/zh\/frieda-river-celebrates-papua-new-guineas-50th-year-of-independence\/","title":{"rendered":"Frieda River celebrates Papua New Guinea\u2019s 50th Year of Independence"},"content":{"rendered":"<p>Frieda River Limited (FRL) is celebrating 50 years of Independence this week. FRL congratulates and offers best wishes the People and Government of Papua New Guinea on this significant milestone.<\/p>\n<p>FRL looks forward to continuing work with communities, stakeholders and the government to develop the nation-building Sepik Development Project (SDP).<\/p>\n<p>FRL is awaiting Environmental Permits and is preparing for the Special Mining Lease process to develop the world-renowned Horse-Ivaal-Trukai-Ekwai-Koki porphyry copper-gold deposit that contains an estimated 12 million tonnes of copper and 19 million ounces of gold.<\/p>\n<p>\u201cThe copper-gold deposit at the centre of the Sepik Development Project was discovered before Independence. Frieda River can be a nation-building project, delivering sustainable development for generations,\u201d Phil McCormack, FRL\u2019s Project Director, said.<\/p>\n<p>As the Frieda River staff enjoy the public holiday to mark the day, PanAust\u2019s Brisbane office prepares for a lunch to celebrate Independence on Thursday 18 September. The lunch will be catered by Brisbane-based, Papua New Guinean owned company, Lambinades.<\/p>\n<p>\u201cI consider PNG a second home and am looking forward to continuing to celebrate the 50<sup>th<\/sup> anniversary of Independence alongside my colleagues and friends,\u201d Phil continued.<\/p>\n<p>The SDP will deliver benefits on a local and nation-wide scale, with direct and indirect benefits expected to be significant and widespread. Since 2014, PanAust\u2019s investment in the project has exceeded US$290 million, contributing to social causes, including education, healthcare and community infrastructure, as well as project development.<\/p>\n<p>At the height of employment of the Frieda River Copper-Gold Project and Frieda-River Hydroelectric Project, an estimated 5,000+ full time roles will target 90% local employment \u2013 a percentage that has been exceeded and maintained in PanAust\u2019s Laos entity Phu Bia Mining for the life of mines.<\/p>\n<p>The SDP will provide indirect benefits like unlocking business opportunities and investment in social assets by project proponents.<\/p>","protected":false},"excerpt":{"rendered":"<p>Frieda River Limited (FRL) is celebrating 50 years of Independence this week. FRL congratulates and offers best wishes the People and Government of Papua New Guinea on this significant milestone. FRL looks forward to continuing work with communities, stakeholders and the government to develop the nation-building Sepik Development Project (SDP). FRL is awaiting Environmental Permits [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":1039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Frieda River celebrates Papua New Guinea\u2019s 50th Year of Independence - The Frieda River Project<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.friedariver.com\/zh\/frieda-river-celebrates-papua-new-guineas-50th-year-of-independence\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Frieda River celebrates Papua New Guinea\u2019s 50th Year of Independence - The Frieda River Project\" \/>\n<meta property=\"og:description\" content=\"Frieda River Limited (FRL) is celebrating 50 years of Independence this week. FRL congratulates and offers best wishes the People and Government of Papua New Guinea on this significant milestone. FRL looks forward to continuing work with communities, stakeholders and the government to develop the nation-building Sepik Development Project (SDP). 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