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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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PanAust plays long game on Papua New Guinea’s Frieda River project

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.
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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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Islands Petroleum stepping up to help meet Papua New Guinea’s fuel supply needs

23 Oct 2024 by 1 Comment
Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.
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Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

23 Oct 2024 by 1 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.
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