Ramu Nico Mine resumes operations, Chile’s president cancels the 2019 APEC Leader’s Week, and Bank South Pacific releases its third quarter results. Your weekly digest of business news.
News
Bank South Pacific welcomes a new Group General Manager Compliance and Pacific Towing appoints a Safety Manager.
Oil and gas have performed strongly, and there is also an upward trend in metals prices. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Newcrest Mining Ltd is still waiting to resume discussions with the Papua New Guinea government to grant a Special Mining Lease to start developing the Wafi-Golpu gold-copper project. The enforced delay has given the company license to focus on its other projects, reports David James.
Koki Fish Market in Port Moresby introduces a fee for traders, pig prices headed for a steep jump, and what a ridesharing company can teach us about gratuity. Readings from around the world on business, leadership and management.
Papua New Guinea’s Mineral Resource Authority has ordered the indefinite closure of Ramu Nickel processing plant operations after it failed to comply with 16 remedial measures issued following a slurry spill into Basamuk Bay on August 24.
PNGX to launch six indices, Oil Search reports sluggish third quarter results, and Geopacific Resources on track to fund Woodlark. Your weekly digest of business news.
On 8 November, hundreds of delegates from business, government and the education/training sector will arrive at the Stanley Hotel, Port Moresby, for Innovation PNG 2019, Papua New Guinea’s inaugural innovation conference. We preview what’s in store.
The Central Provincial Health Authority announces its first Chairman and Puma Energy Ltd has a new Country General Manager.
Qantas has completed the world’s longest commercial flight, many commodity prices below cost of production, and how to foster innovation. Readings from around the world on business, leadership and management.