BENEFITS & SHAREHOLDING STRUCTURE
Cosmicore adopts a structured approach to participation and benefit-sharing that is aligned with applicable laws, regulatory requirements, and project-specific agreements.
Where projects proceed, participation arrangements may include commercial, contractual, or other mechanisms agreed between the relevant parties, subject to approvals and formal documentation.
Benefit and participation structures are designed to:
• recognise customary land ownership within lawful frameworks
• provide clarity around roles, rights, and responsibilities
• support transparency and accountability in project arrangements
• align project development with long-term viability considerations
All shareholding, benefit-sharing, or participation arrangements are established on a project-by-project basis and are governed by formal agreements, regulatory approvals, and independent professional advice.
SHAREHOLDING STRUCTURE
Cosmicore adopts a project-specific approach to shareholding and participation that aligns with Papua New Guinea law, regulatory requirements, and customary land ownership frameworks.
Where projects proceed, shareholding or participation arrangements may be incorporated through formally documented agreements between the relevant parties. These arrangements are structured to reflect project scope, risk profile, regulatory approvals, and stakeholder contributions.
There is no single standard shareholding structure. All participation arrangements are:
• established on a project-by-project basis
• subject to regulatory approval and legal documentation
• governed by formal agreements
• supported by independent professional advice
Cosmicore does not publish shareholding percentages or commercial terms on its public website.
LANDOWNER GROUPS & CUSTOMARY PARTICIPATION
Cosmicore engages with customary landowners through structured and lawful participation frameworks aligned with Papua New Guinea’s land, company, and resource legislation.
Where projects proceed, landowner participation may be incorporated through project-specific arrangements that are documented by formal agreements and subject to regulatory approvals.
Participation mechanisms may include:
• commercial or contractual arrangements appropriate to the project
• partnership or joint venture structures defined by agreement
• consultation and representation processes
• benefit-sharing or compensation arrangements where applicable
All participation arrangements are established on a project-by-project basis and are governed by formal legal documentation, regulatory requirements, and independent professional advice.
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CORPORATE STRUCTURE
Cosmicore operates through a corporate structure that separates governance, project development, and operational delivery functions.
• Cosmicore Pty Ltd (Australia) provides corporate governance, oversight, and professional support functions.
• Cosmicore PNG Limited undertakes approved operational activities in Papua New Guinea in coordination with landowners, regulators, and project partners.
Roles, responsibilities, and participation arrangements vary by project and are defined through formal agreements.
LANDOWNER GROUPS & CUSTOMARY PARTICIPATION
Cosmicore engages with customary landowners through structured and lawful participation frameworks aligned with Papua New Guinea’s land, company, and resource legislation.
Where projects proceed, landowner participation may be incorporated through project-specific arrangements that are documented by formal agreements and subject to regulatory approvals.
Participation mechanisms may include:
• commercial or contractual arrangements appropriate to the project
• partnership or joint venture structures defined by agreement
• consultation and representation processes
• benefit-sharing or compensation arrangements where applicable
All participation arrangements are established on a project-by-project basis and are governed by formal legal documentation, regulatory requirements, and independent professional advice.
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CORPORATE STRUCTURE
Cosmicore operates through a corporate structure that separates governance, project development, and operational delivery functions.
• Cosmicore Pty Ltd (Australia) provides corporate governance, oversight, and professional support functions.
• Cosmicore PNG Limited undertakes approved operational activities in Papua New Guinea in coordination with landowners, regulators, and project partners.
Roles, responsibilities, and participation arrangements vary by project and are defined through formal agreements.
GOVERNANCE & SHAREHOLDER FRAMEWORK
Cosmicore operates within structured governance frameworks designed to support transparency, accountability, and compliance with applicable laws and regulations.
Where projects proceed, governance and participation arrangements are established through formal agreements that define roles, responsibilities, and decision-making processes appropriate to the project.
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LANDOWNER PARTICIPATION IN GOVERNANCE
Landowner participation in governance may be incorporated through consultation, representation, or partnership mechanisms as agreed and documented for each project.
The form and extent of participation vary by project and are subject to regulatory approvals and contractual arrangements.
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TRANSPARENCY & ACCOUNTABILITY
Cosmicore maintains systems to support appropriate reporting, record-keeping, and oversight in line with legal and contractual obligations.
Information sharing with stakeholders is undertaken in accordance with applicable agreements, regulatory requirements, and confidentiality considerations.
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LEGAL FRAMEWORK
All participation, governance, and benefit arrangements are documented through legally binding agreements and are subject to independent professional advice, regulatory approvals, and compliance with Papua New Guinea law.
Benefits for Landowners and Local Communities
Economic Empowerment
Wealth Sharing: Through equity participation, landowners directly benefit from the success of the projects on their land. The shareholding model allows for the distribution of profits, royalties, and dividends, creating long-term wealth for the local communities.
Job Creation: The development of infrastructure, mining projects, and resource extraction operations creates direct and indirect job opportunities for landowners. From construction to operations, landowners are given preference for employment, training, and management roles within the projects.
Capacity Building: Cosmicore is committed to providing education, training, and development opportunities for landowners to ensure they have the skills to manage their shareholding and participate in governance structures. This includes work-study programs, technical training, and capacity-building initiatives in partnership with educational institutions and international partners.
Access to Global Markets
International Partnerships: Through strategic partnerships with global investors, Cosmicore ensures that local landowners are connected to international markets. This gives landowners access to the global supply chain, increasing the demand for PNG resources and providing better pricing and sales channels.
Technological Advancements: Cosmicore integrates cutting-edge technology and systems into all its projects, ensuring that local communities benefit from world-class infrastructure and management systems. Landowners gain access to these innovations, which can be applied to improve their agricultural, business, and social outcomes.
Social Development
Community-Based Projects: The benefits of the shareholding structure extend beyond financial wealth. Cosmicore invests in infrastructure projects that directly impact landowners and their communities, such as roads, schools, health clinics, and water facilities.
Improved Education: With the development of education pipelines, landowners and their families have access to international education opportunities in Australia, New Zealand, and other regions. This enables the next generation of landowners to receive high-quality education, improving employment opportunities and economic outcomes.
Health and Welfare: Cosmicore is committed to improving the overall welfare of landowners, with a focus on healthcare services, clean water access, and the construction of health facilities. We ensure that the proceeds from our projects are used to uplift the community's living standards.
Environmental Stewardship
Sustainable Development: Cosmicore’s commitment to sustainable development ensures that natural resources are extracted responsibly, with minimal impact on the environment. By adhering to strict environmental standards, we work to protect PNG’s rich biodiversity and ensure the long-term sustainability of the land for future generations.
Carbon Offset Initiatives: We are exploring opportunities to invest in carbon offset projects and integrate renewable energy into our operations, ensuring that we are contributing to the global efforts to combat climate change.
PLANNING & PROJECT DEVELOPMENT APPROACH
Cosmicore undertakes project planning in a structured and staged manner appropriate to each project’s scope, approvals, and operating environment.
Project planning activities are developed progressively and may involve consultation with landowners, relevant authorities, and project stakeholders where required.
Planning frameworks consider factors such as:
• regulatory and approval requirements
• environmental and social considerations
• technical feasibility and resource availability
• community engagement and operational context
Rather than publishing fixed plans or targets, Cosmicore applies adaptive planning processes that allow projects to respond to site conditions, regulatory guidance, and stakeholder input as projects advance.
LANDOWNER PARTICIPATION & PROJECT DEVELOPMENT APPROACH
Cosmicore incorporates landowner engagement into project planning through structured, lawful, and project-specific arrangements.
Where projects proceed, participation frameworks may be developed in consultation with customary landowners and relevant authorities, subject to regulatory approvals and formal agreements.
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CAPACITY BUILDING & LOCAL INVOLVEMENT
Opportunities for skills development, training, or local involvement may be considered where appropriate to project scope and feasibility.
Any education, training, or workforce initiatives are undertaken subject to availability, approvals, and agreed arrangements, and are not guaranteed.
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INFRASTRUCTURE & COMMUNITY CONSIDERATIONS
Project planning considers access, logistics, utilities, and environmental factors necessary to support approved operations.
Infrastructure or support facilities are assessed on a project-by-project basis and implemented only where approved, viable, and required for project delivery.
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ENVIRONMENTAL & CULTURAL CONSIDERATIONS
Environmental and cultural matters are addressed in accordance with applicable laws, permit conditions, and consultation requirements.
Management measures are developed based on site conditions, regulatory guidance, and approved environmental documentation.
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ADAPTIVE PLANNING & OVERSIGHT
Project planning is undertaken progressively, allowing for review and adjustment in response to regulatory requirements, operational conditions, and stakeholder input.
Cosmicore does not publish internal planning targets, performance metrics, or operational systems on its public website.
Beyond Mining
A Nation-Building Approach
Cosmicore views resource development as one potential contributor to broader national progress in Papua New Guinea.
Where projects are approved and developed, planning considerations may extend beyond extraction to include long-term community outcomes, infrastructure needs, and skills development opportunities — subject to feasibility, approvals, and stakeholder engagement.
Our approach recognises that mining, when responsibly managed, can support pathways toward:
• Stronger local participation
• Infrastructure that supports economic activity
• Skills development and knowledge transfer
• Long-term economic opportunity
For further information, or to request a briefing on Cosmicore’s development philosophy and project approach, please contact us directly.