Mining/petroleum

Papua New Guinea’s draft Mining Bill: sweeping reforms to overhaul the sector

PNG's Department of Mineral Policy and Geohazard Management recently released its latest version of the draft Mining Bill. If passed, the Bill will introduce wide-ranging reforms to overhaul the country’s mining sector, according to Sarah Kuman, Partner in Allens’ Port Moresby office.
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St Barbara ‘accelerates’ plans to extend Simberi mine life to 2036

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

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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Five things we learnt at Papua New Guinea Investment Week in Sydney

The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.
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TotalEnergies country head ‘very confident’ of Papua LNG final investment decision date

Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID. 
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