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St Barbara ‘accelerates’ plans to extend Simberi mine life to 2036

28 Jan 2025 by Leave a Comment
The operator of PNG's Simberi gold mine is aiming to extend the mine’s life by at least 10 years and triple annual production. In an exclusive interview with Business Advantage PNG, St Barbara’s CEO Andrew Strelein outlines how his company is expediting these plans, including a deal to sell a minority share in the mine to Kumul Minerals.
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Expansion on cards for Papua New Guinea’s only nickel-cobalt mine

2 Jan 2025 by Leave a Comment
A planned expansion of the Ramu nickel-cobalt mine in Papua New Guinea's Madang Province is “still definitely on the cards”, according to Craig Lennon, Head of Asia-Pacific for the mine’s joint-venture partner, Nickel 28.
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Land titles in Papua New Guinea’s breadbasket ‘open gates’ to agriculture investments

19 Nov 2024 by Leave a Comment
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.
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Geopolitical tensions leading to increased donor investment in Papua New Guinea and Pacific: Lowy Institute

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.
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Bank of Papua New Guinea program aims to generate funds for green projects

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.
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