PETROMIN OWNED AND OPERATED TGM SAGA TAKES A NEW TWIST – CEO SAM INGUBA


Petromin CEO Sam Inguba after spending a week  [23rd Feb 2015 – 03rd March 2015] up at rugged and mountainous terrains of Goilala District, at the Petromin owned and operated Tolokuma Gold Mine, has returned to the city lights this morning after weather cleared up chopper runs were permitted.

During his visit, CEO Sam revealed to the workforce of Tolokuma Gold Mines, Petromin’s plans to shut down the mine.

This news caught all concern off guard and everyone at the mine site is still lost and confused as to is this the final verdict or will there be some proper more organized approach engaged to gradually and slowly wind the operations of the mine down.

Most of the non critical service departments in TGM have been called off, effectively immediately. While essential service departments are still operating with key personel manning the place.

This morning before departing for Port Moresby, CEO Sam Inguba advised the workforce at the mine site a final verdict will be reached on the 6th March 2015, which is Friday this week.

 It is obvious there seem like we have a new twist in this whole saga. We might end up seeing a retraction of the earlier annoucement by CEO Sam Inguba.

Just last week, NEC approved the REVIEWED MOA for TGM. Then CEO Sam announced the closure of TGM on the 27th Feb 2015. And on the 3rd March 2015, CEO Sam before departing for Port Moresby, promised TGM employees there is an announcement coming on the 6th March 2015, which is Friday.

What annoucement?

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