Mineral Resources Development Company Limited (MRDC) extends its congratulations to all the clans that have successfully opened their respective clan bank accounts.

MRDC further advises that due to a court order, the opening of the remaining clan accounts will be on hold until this injunction is uplifted. MRDC will refrain from opening any clan bank accounts.

While this development affects the opening of the clan bank accounts, it does not affect the other ongoing
key programs. These programs will continue as scheduled.

MRDC and the Department of Petroleum will proceed next week to conclude the final clan mediation for those clans with disputed minutes and conduct clan chairman and executives’ induction, consultation, and awareness.

In regard to the Election of Directors, only regions that have achieved a threshold of 80% will proceed with the Election.

The updated schedule for these programs are set out below:

Schedule 1: Mediation

RegionsClan NameDateVenue
Kamia KeraPepe KoeTuesday, 04 June 2024Juni
TugubaYugu & TabuWednesday, 05 June 2024Juni
HiwaWita & PinaThursday, 06 June 2024Juni
HiwaArua & HunumaniFriday, 07 June 2024Juni

Schedule 2. Clan Chairman Induction, Consultation and Awareness

Tugu TapiriaMonday, 10 June 2024Juni
Kamia KeraTuesday, 11 June 2024Juni
HabonoWednesday, 12 June 2024Juni
TugubaThursday, 13 June 2024Juni
HiwaFriday, 14 June 2024Juni

Schedule 3. Election of Directors

Tugu TapiriaMonday, 17 June 2024Juni
Kamia KeraTuesday, 18 June 2024Juni
HabonoWednesday, 19 June 2024Juni
TugubaThursday, 20 June 2024Juni
HiwaFriday, 21 June 2024Juni

Approved for release by:

Augustine S. Mano, CBE

Managing Director and CEO

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