A new CEO for New Guinea Energy, while Mineral Resources Authority confirms position.
Posts by Business Advantage PNG
The mobile phone company set to become Papua New Guinea’s fourth mobile phone provider says it hopes to begin operations in the third quarter of 2014, targeting areas of the country where there is currently no coverage.
Study into limestone production in Simbu, PNG Power CEO reinstated and enquiry into coastal shipping costs. Your weekly digest of the latest business news.
PNG’s kina has continued to fall against its major trading currencies, and is now at levels below those of September 2013, following a brief rally in late 2013 and early 2014.
Chair of IPBC reportedly sacked, Nautilus confirms CEO and a former ambassador heads up trade division in Trade, Commerce and Industry Department
A state of emergency declared in Porgera over illegal mining, O’Neill promises to cancel illegal forestry leases and second LNG train about to begin production. Your weekly digest of the latest business news.
Canadian mining company Nautilus Minerals will accelerate its range of seabed mining projects across the Pacific, after finally signing a US$120 million (K336 million) agreement with the Papua New Guinea government to develop its Solwara 1 mining project in the Bismarck Sea.
New CEO for Newcrest Mining, a changing of the guard at Marengo Mining and a resignation from the board of Airlines PNG
This year’s 6th PNG Games, to be held in Lae from 16 to 29 November, have undergone radical reforms, with an increased focus on national unity and establishing them as the pathway to regional and international competitions, according to Phil Franklin, Chairman of the Games Organising Committee.
More LNG trains likely for Papua New Guinea, Chamber of Commerce comes out in support of INA head, and gas-fired power may be coming to Port Moresby. The week’s business news in brief.