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Mining/petroleum

Wafi-Golpu JV explains its deep sea waste disposal plan

9 Feb 2021 by 4 Comments
The Wafi-Golpu Joint Venture has released new information on its proposed DSTP method of tailings disposal for the planned Wafi-Golpu mine in Papua New Guinea. The move is designed to allay environmental concerns, including those expressed by Morobe Governor Ginson Saonu.
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Total expected ‘shortly’ in Papua New Guinea to advance Papua LNG, says Kumul Petroleum MD

3 Feb 2021 by 4 Comments
The signing of a fiscal stability agreement between Papua New Guinea and French oil major Total looks set to trigger the FEED phase of the multi-billion dollar Papua LNG project. Wapu Sonk, Managing Director of national oil company Kumul Petroleum, tells Business Advantage PNG the signing is expected within the next two weeks.
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Joint consultations on the future of Bougainville trigger speculation on the future of Panguna mine

27 Jan 2021 by 3 Comments
A joint communique issued earlier this month by Papua New Guinea's Prime Minister James Marape and new Bougainville President Ishmael Toroama has committed them to moderated 'joint consultations' over the autonomous region's desired independence. It has again brought focus on the future of the island's massive Panguna copper and gold mine.
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Digging deeper: resources sector’s contribution undervalued in Papua New Guinea

19 Oct 2020 by 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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