Mining/petroleum

Future of prices for Papua New Guinea’s mining exports look positive, say analysts

9 Dec 2020 by David James Leave a Comment

The prospects for the prices of metals Papua New Guinea exports are mostly positive, reports David James from the recent International Mining and Resources Conference.
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Global economic recovery should provide good news for Papua New Guinea’s miners

30 Nov 2020 by David James Leave a Comment

The global economy is recovering faster that expected, according to Douglas Porter, Chief Economist and Managing Director of Canadian investment bank, BMO Financial Group.
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Oil Search tightens the purse strings and focuses on Papua LNG

25 Nov 2020 by David James 1 Comment

Oil Search has announced in a recent strategy update that it will continue to reduce costs and pull back on exploration. However, the company says it intends to make the Papua LNG project a priority.
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Blame it on oil and gas prices? Horizon Oil leaves Papua New Guinea

9 Nov 2020 by David James Leave a Comment

Horizon Oil has announced that it is selling its assets to its co-venturer Arran Energy and pulling out of Papua New Guinea. The prospect of a weak oil price may be to blame, according to one analyst.
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Cementing their position: Mayur Resources’ big plans for Papua New Guinea

3 Nov 2020 by David James 1 Comment

Mayur Resources has just released its annual report, providing an update on its diverse portfolio of mining and energy projects in Papua New Guinea, including the Central Cement and Limestone project.
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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 1 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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The ‘PNG 1000’: new business directory launched for Papua New Guinea
Papua New Guinea’s business community has a new tool for doing business: a user-friendly new online business directory. The post The ‘PNG 1000’: new business directory launched for Papua New Guinea appeared first on Business Advantage International.
Air Niugini’s ‘Paradise’ magazine wins World Travel Award
As publisher of the Air Niugini’s inflight magazine, Paradise, we are proud to announce it has won the award for the best inflight magazine in Oceania in this year’s prestigious World Travel Awards. In winning, Paradise beat magazines from many of the region’s major airlines, including Qantas, Virgin Australia, Tiger Air and Fiji Airways. The World Travel Awards, […]
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 […]

Mining/petroleum

Future of prices for Papua New Guinea’s mining exports look positive, say analysts

Global economic recovery should provide good news for Papua New Guinea’s miners

Oil Search tightens the purse strings and focuses on Papua LNG

Blame it on oil and gas prices? Horizon Oil leaves Papua New Guinea

Cementing their position: Mayur Resources’ big plans for Papua New Guinea

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

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