A report on Huawei’s data centre in Papua New Guinea shows it has security vulnerabilities, the Frieda River project gets a no from the East Sepik Provincial Assembly and new internet prices expected this year. The business news you need to kickstart your week.
In brief: China and Papua New Guinea strengthen commercial ties and other business stories
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22 Jun 2020 by Leave a Comment
Papua New Guinea can now export seafood directly to mainland China, the World Bank projects GDP growth in South East Asia and the Pacific region to fall to 0.5 per cent and an agriculture project is set to transform Eastern Highlands province. The news you need to kickstart your week.
Digging deeper: Mineral Resources Authority confident about the future of Papua New Guinea’s mining sector
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27 Apr 2020 by 2 Comments
The global economic crisis triggered by COVID-19 outbreak has increased the urgency for Papua New Guinea to facilitate mining projects, which are the biggest providers of crucial foreign exchange. Business Advantage PNG speaks exclusively PNG’s Mineral Resources Authority about where the sector is heading.
Mining in Papua New Guinea: a sector profile
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10 Oct 2019 by Leave a Comment
A profile of the mining sector in Papua New Guinea, including mining companies, licenses and leases and tax incentives.
Boardroom briefing: Data-centre electricity use, waste from the mining industry and the importance of traceability in agriculture
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16 Apr 2019 by Leave a Comment
Data centres are gobbling up the world’s electricity, mine dumps to come clean, and growing interest in traceability. Readings from around the world on business, leadership and management.
What can Papua New Guinea business look forward to in 2018?
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17 Jan 2018 by Leave a Comment
As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.
Highlands Pacific shifts strategy to focus on controlling projects in Papua New Guinea
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6 Jun 2017 by Leave a Comment
Highlands Pacific is expanding its focus from large projects and exploration, to controlling interests in smaller projects offering near term returns. Highlands Pacific Managing Director, Craig Lennon, tells Business Advantage PNG it is a response to market changes.
Sticking points in Mining Act yet to be resolved, says Mining Minister Byron Chan
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9 Jan 2017 by Leave a Comment
The Minister for Mining, Byron Chan, says that the amendments to Papua New Guinea’s Mining Act are ‘complete’. But he tells Business Advantage PNG that there are some contentious issues.
Papua New Guinea’s Frieda River project still faces obstacles, says Managing Director Fred Hess
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14 Dec 2016 by 1 Comment
PanAust is keen to start development of the Frieda River copper gold project, Managing Director Fred Hess told the PNG Mining and Petroleum Investment Conference in Sydney. But he warns there are many obstacles to establishing a mine in such a remote region of Papua New Guinea and the decision has not yet been made to go ahead.
PanAust looks for ‘social licence’ to operate Frieda River mine in Papua New Guinea
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12 Jul 2016 by 5 Comments
Frieda River, a wholly owned PNG subsidiary of PanAust, has lodged a Special Mining Lease application to Papua New Guinea’s Mineral Resources Authority to develop the Frieda River Copper-Gold Project. Glen Connell, PanAust’s General Manager, Government and Community Relations, tells Business Advantage PNG that developing a ‘social licence’ to operate is just as crucial to the success of the project.
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