Mayur Resources (ASX:MRL) signed a roadmap agreement with Papua New Guinea's Mineral Resources Authority, Central Provincial Government, and landowner groups, aiming for a community development agreement (CDA) in early 2025, according to a Wednesday filing with the Australian bourse.
The CDA will establish commercial relationships between the company and Papua New Guinea's local, provincial, and national governments, as well as a benefits-sharing regime with local landowners in areas where the company's Central Lime and Central Cement projects are located, the filing said.
The Central Lime project is nearing a final investment decision for early 2025, according to the filing.
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