PNG’s Department of Mineral Policy and Geohazard Management recently released its latest version of the draft Mining Bill. If passed, the Bill will introduce wide-ranging reforms to overhaul the country’s mining sector, according to Sarah Kuman, Partner in Allens’ Port Moresby office.
Sarimu Kanu, Managing Director at Kumul Minerals Holdings, speaks with Business Advantage PNG about negotiations over the Wafi-Golpu copper-gold project, the latest developments at the Porgera and Ok Tedi mines, and plans to consolidate stranded gold assets.
Twinza and the PNG Government signed the Gas Agreement for Pasca A last December. In this exclusive interview, Twinza’s Stephen Quantrill explains why he believes his firm now has enough certainty to prepare for FID.
The operator of PNG’s Simberi gold mine is aiming to extend the mine’s life by at least 10 years and triple annual production. In an exclusive interview with Business Advantage PNG, St Barbara’s CEO Andrew Strelein outlines how his company is expediting these plans, including a deal to sell a minority share in the mine to Kumul Minerals.
PNG’s topography and seismicity complicate the storing of waste from mine operations. But SRK Consulting’s Ian de Bruyn and Claude Prinsloo believe a new facility planned for Frieda River will be an industry-leading model for tailings management – and renewable power generation.
A planned expansion of the Ramu nickel-cobalt mine in Papua New Guinea’s Madang Province is “still definitely on the cards”, according to Craig Lennon, Head of Asia-Pacific for the mine’s joint-venture partner, Nickel 28.
The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.
Kumul Minerals is planning a bright future for Ok Tedi, PNG’s oldest and largest producing mine. Managing Director Sarimu Kanu shares the plans with Business Advantage PNG.
Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID.
Spending on mineral exploration in Papua New Guinea has plummeted in the past five years, according to the country’s Mineral Resources Authority. But juniors such as Canterbury Resources and Adyton Resources believe they have found the way forward.