Bougainville Government Approves 25-Year Mining Lease
The Autonomous Bougainville Government has approved the grant of Large-Scale Mining Lease No. 01 (LSML-01) to Bougainville Minerals Limited, marking the first such lease under the region’s revised mining laws. The Bougainville Executive Council (BEC) confirmed the 25-year lease following the recent enactment of the Bougainville Mining (Amendment) Act 2026. To access this post, you must purchase Web , Web – One-Day , Web – 14-Day , Web – One-Month , Web – Three-Month , Web – S
The Autonomous Bougainville Government has officially granted a 25-year large-scale mining lease to Bougainville Minerals Limited. This marks a significant development as it is the first such lease issued under the region's recently updated mining legislation. The Bougainville Executive Council confirmed the lease following the enactment of the Bougainville Mining (Amendment) Act 2026. This decision paves the way for potential resource development under the new legal framework. The lease, designated LSML-01, signifies a new chapter for mining operations in Bougainville.
This approval signals a new phase of potential resource development in Bougainville under revised mining laws.
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