Western Province (Papua New Guinea) - Economy

Economy

The major economic activity in the province is constituted by the Ok Tedi Mine, initially established by BHP and the subject of considerable litigation by traditional landowners both in respect of environmental degradation and disputes over royalties. It is currently operated by Ok Tedi Mining Limited (OTML).

Read more about this topic:  Western Province (Papua New Guinea)

Famous quotes containing the word economy:

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)

    Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.
    Ralph Waldo Emerson (1803–1882)