Mining/petroleum

Staking his claim: Kumul Minerals Holdings’ Peter Graham talks exclusively about the mining entity’s future

5 Aug 2020 by Business Advantage PNG 5 Comments

Peter Graham, Chairman of Papua New Guinea's state-owned mining company Kumul Minerals Holdings, talks extensively about its plans for the future.
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Papua New Guinea government and Barrick Gold outline competing visions for Porgera

20 Jul 2020 by Paul Chai 9 Comments

Prime Minister James Marape and Barrick Gold have offered two competing visions for the reopening of the Porgera gold mine. With the mine closed and court cases ongoing, the latter is highlighting the impact on business and the community.
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Barrick initiates international proceedings over Porgera

13 Jul 2020 by Business Advantage PNG 1 Comment

In its latest step to maintain its position as operator of the Porgera gold mine, Barrick (Niugini) is taking its dispute with Papua New Guinea to the International Centre for Settlement of Investment Disputes.
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Ripple effects: how the global pandemic is affecting oil and gas in Papua New Guinea

6 Jul 2020 by David James Leave a Comment

The COVID-19 crisis has profoundly shaken the global oil and gas industry. With the medium term picture for LNG prices likely to heavily impact PNG’s economy and government finances, Business Advantage PNG looks at the sector's prospects.
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Fair split: finding an oil and gas model that works in Papua New Guinea

1 Jul 2020 by David James Leave a Comment

Papua New Guinea is making changes to its approach to oil and gas projects, suggesting the country gets a worse share of revenues than other comparable nations. John Chambers, General Manager of Santos, considers some of the options used internationally.
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Ok Tedi Mining to be a ‘model miner’, says new CEO

29 Jun 2020 by Business Advantage PNG 1 Comment

In the midst of Papua New Guinea's state of emergency, there was a change at the top of Ok Tedi Mining Limited (OTML). Business Advantage PNG asks Musje Werror, OTML's newly appointed Managing Director and CEO, about his vision for the future of PNG's largest mine.
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Tools down: Papua New Guinea’s Porgera gold mine starts sacking workers

29 Jun 2020 by David James 16 Comments

Barrick Niugini, the majority owner and operator of the Porgera gold mine, has announced that it will be retrenching most of its workforce over the coming weeks. Meanwhile, Papua New Guinea's government seems intent of finding a new operator for the mine.
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Very resourceful: how K92 Mining has thrived during COVID-19 in Papua New Guinea

24 Jun 2020 by David James Leave a Comment

Mining companies in Papua New Guinea have been able to keep operating during the COVID-19 crisis. John Lewins, Chief Executive Officer and Director of K92 Mining, says his company actually 'set records'.
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Amendments to Papua New Guinea’s Mining Act provide for State to take a more active role

17 Jun 2020 by David James 7 Comments

Amendments to the Mining Act 1992 have been passed in parliament, with Mining Minister Johnson Tuke explaining it is a step towards ‘taking back’ Papua New Guinea. Meanwhile, industry representatives have expressed some deep concerns.
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Oil change: Marape to alter Papua New Guinea’s oil and gas legislation

15 Jun 2020 by David James 7 Comments

Prime Minister James Marape has introduced changes to Papua New Guinea’s oil and gas law, claiming it will benefit the country’s ‘national interest’. The changes may well represent a major shift in the way projects are developed in the future.
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Update: COVID-19 hits mining industry in PNG, networking and mentorship for SMEs in the Pacific, weekly business ne… https://t.co/JyNmLgddWA About 8 hours ago
In brief: Papua New Guinea and Australia sign economic partnership agreement and other business stories https://t.co/5gdbHfVjir About 9 hours ago
COVID-19 has reached the Papua New Guinea's mining sector, with its two major mines announcing cases. Meanwhile, ne… https://t.co/dwJrZM1XU5 About 10 hours ago
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Mining/petroleum

Staking his claim: Kumul Minerals Holdings’ Peter Graham talks exclusively about the mining entity’s future

Papua New Guinea government and Barrick Gold outline competing visions for Porgera

Barrick initiates international proceedings over Porgera

Ripple effects: how the global pandemic is affecting oil and gas in Papua New Guinea

Fair split: finding an oil and gas model that works in Papua New Guinea

Ok Tedi Mining to be a ‘model miner’, says new CEO

Tools down: Papua New Guinea’s Porgera gold mine starts sacking workers

Very resourceful: how K92 Mining has thrived during COVID-19 in Papua New Guinea

Amendments to Papua New Guinea’s Mining Act provide for State to take a more active role

Oil change: Marape to alter Papua New Guinea’s oil and gas legislation

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Taxing time: Papua New Guinea needs to address ‘volatile revenue’, says ADB

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In brief: Papua New Guinea and Australia sign economic partnership agreement and other business stories

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