Mining/petroleum

Enga landslide: what business needs to know

The Porgera gold mine is operating without restrictions, following the tragic Papua New Guinea landslide which hit nearby. Meanwhile, New Porgera Limited and other PNG businesses are contributing to relief efforts, reports Nadav Shemer Shlezinger.
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Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024

Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company's strategy to consolidate some of Papua New Guinea's smaller mining projects.
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Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry

PNG CORE has come out with serious objections to the government’s proposed National Gold Corporation Bill. We take a closer look at the legislation and what it could mean for the country's second most valuable export.
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Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
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New Porgera Chairman announces reopening date for gold mine

The Porgera gold mine in Papua New Guinea's Enga Province will officially restart on 22 December, according to the Managing Director of Kumul Minerals Holdings, Sarimu Kanu, who is also Chairman of New Porgera Limited, the new operator of the mine.
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Papua LNG investment decision faces delay as financiers grapple with climate concerns

The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
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