Mining/petroleum

Digging deeper: resources sector’s contribution undervalued in Papua New Guinea

19 Oct 2020 by David James Leave a Comment

The contribution of the resources sector to the Papua New Guinea is being greatly under-estimated according to Maygen Turliu, Director of Tax & Business Services for Deloitte PNG. What appears in Treasury’s Budget is less than a third of its actual contribution.
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Metal mayhem: Barrick set to re-open Porgera; Chairman quits Kumul Minerals

19 Oct 2020 by David James Leave a Comment

In a surprise development, the Porgera gold mine looks set to re-open, ending a period of intense disagreement between Papua New Guinea's government and Barrick Niugini, the mine's operator.
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No shore thing: Twinza and Papua New Guinea deal still uncertain

14 Oct 2020 by David James Leave a Comment

The Papua New Guinea government hopes that its 'in-principle' agreement with Twinza Oil over the Pasca A offshore oil field in the Gulf of Papua will be a template for new oil and gas projects. But the project isn't across the line just yet.
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Harder than expected: introducing Papua New Guinea’s new resources laws

1 Oct 2020 by David James 1 Comment

The Marape government’s proposed introduction of a new Organic Law for mining, and oil and gas projects will do away with Papua New Guinea’s ‘robust’ legal regime, according to Vaughan Mills, Head of PNG Practice for Corrs, Chambers Westgarth.
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Fair share? Papua New Guinea’s move to production sharing in resource projects questioned

14 Sep 2020 by David James Leave a Comment

The Papua New Guinea government’s proposal to move to production sharing agreements in resource projects may not solve the government’s financial problems and there is a risk it will harm the country’s reputation for being a good place to invest, according to the industry itself.
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Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

9 Sep 2020 by David James 10 Comments

Papua New Guinea's Prime Minister, James Marape, has insisted that the country's proposed LNG projects, Papua LNG and P’nyang, will be dealt with as separate projects.
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Papua New Guinea Government moves to take over Porgera lease

31 Aug 2020 by Andrew Wilkins 5 Comments

Papua New Guinea's government has moved to effectively take over the Porgera gold mine in Enga Province by issuing a Special Mining Lease to state-owned mining company, Kumul Minerals Holdings. Legal challenges look likely.
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Papua New Guinea’s proposed new resources law aims to shake up old ownership models

31 Aug 2020 by David James Leave a Comment

A new organic law defining how Papua New Guinea manages resource projects may soon be tabled in Parliament. It appears the main aim will be to change ownership and control of future projects, but will it spook international investors?
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Government and industry debate the future of Papua New Guinea’s resources sector

24 Aug 2020 by David James Leave a Comment

When it comes to Papua New Guinea's resources sector, the government wants a better share of the rewards, but the industry is warning that the country is becoming a less attractive destination for investment.
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Mining lease granted for Mayur Resources’ Papua New Guinea cement and lime project

19 Aug 2020 by Business Advantage PNG 1 Comment

In a development that will give heart to the country's mining sector, Papua New Guinea's government has granted a 20-year mining lease to Mayur Resources’ US$350 million (K1.125 billion) Central Cement and Lime Project in Papua New Guinea's Central Province.
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A new magazine in the middle of COVID-19?!
Who would be crazy enough to launch a new magazine during a global pandemic? Guilty. The magazine is called PNG Now, and it's a brand new lifestyle magazine aimed at readers in the Pacific nation of Papua New Guinea (PNG). The post A new magazine in the middle of COVID-19?! appeared first on Business Advantage […]
‘PNG Now’: a new lifestyle magazine for Papua New Guinea
This week sees the launch of PNG Now, our bold new lifestyle magazine for Papua New Guinea. The post ‘PNG Now’: a new lifestyle magazine for Papua New Guinea appeared first on Business Advantage International.
Record online readership for Business Advantage PNG
Readership of businessadvantagepng.com has soared during the COVID-19 pandemic and State of Emergency in Papua New Guinea. Papua New Guinea’s online business magazine has broken... The post Record online readership for Business Advantage PNG appeared first on Business Advantage International.

Mining/petroleum

Digging deeper: resources sector’s contribution undervalued in Papua New Guinea

Metal mayhem: Barrick set to re-open Porgera; Chairman quits Kumul Minerals

No shore thing: Twinza and Papua New Guinea deal still uncertain

Harder than expected: introducing Papua New Guinea’s new resources laws

Fair share? Papua New Guinea’s move to production sharing in resource projects questioned

Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

Papua New Guinea Government moves to take over Porgera lease

Papua New Guinea’s proposed new resources law aims to shake up old ownership models

Government and industry debate the future of Papua New Guinea’s resources sector

Mining lease granted for Mayur Resources’ Papua New Guinea cement and lime project

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In brief: Wafi-Golpu closes in on environmental permit and other business stories

In brief: Papua New Guinea to make public resource project deals and other business stories

Metal mayhem: Barrick set to re-open Porgera; Chairman quits Kumul Minerals

Appetite for change: best practice tips for Papua New Guinea ecommerce

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