Latest news Archives - Page 95 of 143 - Business Advantage PNG

Oil and metals in holding pattern: a monthly review of Papua New Guinea’s commodities and financial markets

24 Jan 2017 by David James Leave a Comment

Commodities markets appear to have entered a holding pattern, with stability evident in the oil market and metals. Business Advantage PNG’s monthly overview of Papua New Guinea's commodity and financial markets.
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In brief: Vote on revised InterOil takeover bid in February, and other business stories

18 Jan 2017 by Business Advantage PNG Leave a Comment

InterOil shareholders to vote on revised takeover bid by ExxonMobil in February, government debt rises in September quarter, Oil Search and Kumul Energy to evaluate proposed power projects. Your weekly digest of the latest business news.
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Sticking points in Mining Act yet to be resolved, says Mining Minister Byron Chan

9 Jan 2017 by David James 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.
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Air Niugini to commence flights to Townsville in March

5 Jan 2017 by Business Advantage PNG 1 Comment

National airline Air Niugini is set to commence bi-weekly flights to Townsville in the Australian state of Queensland from March 2017. The move strengthens Port Moresby's Jacksons International Airport status as a regional aviation hub.
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Signs of real recovery as big money shows interest in large resource projects

14 Dec 2016 by David James Leave a Comment

Sovereign wealth funds, private equity and ‘mega-families’ are showing a growing interest in investing in large resource projects, according to Graham Smith, Global Leader Mining M&A at KPMG Corporate Finance in Australia. The PNG Mining and Petroleum Investment conference was told that investment, debt and equity markets are showing signs of improvement.
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Wafi-Golpu mine in Papua New Guinea could operate for over three decades, says project director

14 Dec 2016 by David James 6 Comments

The Wafi-Golpu project can be 'multi-generational' according to Bryan Bailie, Executive Project Director of the Wafi-Golpu Joint Venture. He told the PNG Mineral and Petroleum Investment Conference in Sydney that the intention is to roll out the project in stages.
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Papua New Guinea’s Frieda River project still faces obstacles, says Managing Director Fred Hess

14 Dec 2016 by David James 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.
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In brief: Supplementary Budget in January to address tax measures, and other business stories

6 Dec 2016 by Business Advantage PNG Leave a Comment

Treasurer says Supplementary Budget will review tax measures proposed in the 2017 Budget, sufficient geothermal power in PNG for years to come, and Philippines asked to ban fishing companies operating in PNG. Your weekly digest.
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Mining Act decision to be postponed until after election says Peter O’Neill

6 Dec 2016 by David James Leave a Comment

The Prime Minister, Peter O’Neill, has told the Mining and Petroleum Investment Conference in Sydney that there will be no decision on the Mining Act until after next election. He also indicated that the Government will pursue bi-lateral trade deals.
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Harmony keen to expand by exploring brownfield opportunities, says CEO Johannes van Heerden

2 Dec 2016 by Sarah Byrne Leave a Comment

Opportunities exist for brownfield expansion at the Hidden Valley mine, Johannes van Heerden, Chief Executive Officer of Southeast Asia for Harmony Gold, tells Business Advantage PNG. He believes this gives the company a competitive advantage in the region.
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Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]

Oil and metals in holding pattern: a monthly review of Papua New Guinea’s commodities and financial markets

In brief: Vote on revised InterOil takeover bid in February, and other business stories

Sticking points in Mining Act yet to be resolved, says Mining Minister Byron Chan

Air Niugini to commence flights to Townsville in March

Signs of real recovery as big money shows interest in large resource projects

Wafi-Golpu mine in Papua New Guinea could operate for over three decades, says project director

Papua New Guinea’s Frieda River project still faces obstacles, says Managing Director Fred Hess

In brief: Supplementary Budget in January to address tax measures, and other business stories

Mining Act decision to be postponed until after election says Peter O’Neill

Harmony keen to expand by exploring brownfield opportunities, says CEO Johannes van Heerden

Editor’s picks

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

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