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.
The national cabinet has approved the US $300 million (K829 m) development of the Stanley gas-condensate field in Western Province.
A new chairman at Indochine Mining and cabinet confirms the board of PNG DataCo.
Security is one of the largest employers in PNG’s services sector. Business Advantage spoke with John Bellinger, Chief Executive Officer of the country’s largest security company, Guard Dog, to find out more.
The first shipment of Papua New Guinea’s LNG exports is due to get underway mid-year, marking the country’s entry to this growing global energy industry. With the prospect of second and third LNG projects, where will PNG fit in to the global LNG market?
World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.
Simon Foo has been with Papua New Guinea’s national airline, Air Niugini, since day one and is now its Chief Executive Officer, after 12 years as a board member. Celebrating the airline’s 40th anniversary, he talks to Business Advantage PNG about the airline’s priorities and needs for the next 10 years.