Papua New Guinea’s Morobe Province recently issued titles to landowner groups for a small percentage of the fertile Markham Valley. Grow PNG’s David Stewart tells Business Advantage PNG that this has sparked interest from third-party investors in what could become a case study for the development of the country’s agriculture sector.
Land titles in Papua New Guinea’s breadbasket ‘open gates’ to agriculture investments
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19 Nov 2024 by Leave a Comment
PanAust plays long game on Papua New Guinea’s Frieda River project
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14 Nov 2024 by 3 Comments
The US$7 billion Frieda River copper-gold project is one of the largest in Papua New Guinea’s development pipeline but may take another decade to come into production. Business Advantage PNG looks into why its developer, PanAust, considers it worth the wait.
LNG and metals look a strong bet for Papua New Guinea
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6 Nov 2024 by Leave a Comment
The outlook is positive for the key commodity exports that will support Papua New Guinea’s resources sector in coming decades, including LNG, gold and copper. Business Advantage PNG speaks with the analysts to find out why.
Geopolitical tensions leading to increased donor investment in Papua New Guinea and Pacific: Lowy Institute
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4 Nov 2024 by 2 Comments
Pacific countries like Papua New Guinea are increasingly becoming critical grounds for geopolitical competition, leading to higher investment from international partners, particularly in infrastructure, according to the Lowy Institute’s Dr Meg Keen and colleagues.
Kainantu gold mine set to quadruple production by 2027
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29 Oct 2024 by Leave a Comment
The Kainantu gold mine in Eastern Highlands Province has been in continuous expansion since its acquisition by K92 Mining in 2015. CEO John Lewins shares his company’s aspiration to become the PNG’s mining sector’s largest taxpayer – and the investment underpinning it.
Bank of Papua New Guinea program aims to generate funds for green projects
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23 Oct 2024 by 2 Comments
The Green Finance Centre was founded this year under the aegis of the Bank of Papua New Guinea, with the aim of creating a framework to facilitate investments in areas such as renewables and climate resilience. Its head Mohinesh Prasad shared the centre’s plans and progress in a speech to the 2024 Business Advantage PNG Investment Conference.
Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow
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23 Oct 2024 by Leave a Comment
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
Newmont focusing on ‘value over volume’ at Lihir gold mine
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9 Oct 2024 by Leave a Comment
Less than one year after acquiring Papua New Guinea’s largest gold mine, Newmont Corporation is pushing ahead with plans to increase grades and mine life at Lihir. On the eve of finishing his term as Newmont PNG Managing Director, Alwyn Pretorius took Business Advantage PNG inside the transition and shared the plans for the island mine’s future.
Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine
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25 Sep 2024 by 1 Comment
In this exclusive interview, Barrick Gold’s President and Chief Executive Mark Bristow talks about the deal he made to restart the Porgera gold mine, the road to returning it to full production, and why addressing law and order is critical.
‘Massive opportunity’ for private power producers in Papua New Guinea
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24 Sep 2024 by Leave a Comment
Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.
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