Newmont Corporation’s acquisition of Newcrest Mining, which owns the Lihir gold mine in Papua New Guinea, and is one of the partners in the Wafi-Golpu copper-gold joint venture, is set to be completed in coming days. Business Advantage PNG considers what will happen next.
Industry sectors
Global copier giant Konica Minolta is also at the forefront of innovation in the digital workplace, robotics and 3D printing. We caught up with the Chief Strategy Officer of its Australian operation, Ted Garner, who will visit Papua New Guinea soon for the Innovation PNG 2023 conference.
Ultimax Security’s Collin Kopyoto shares his journey from graphic designer to security company CEO, and how an emphasis on professional service and local knowledge helped set his business apart in Papua New Guinea.
Craig Kirkland is Director, Pacific Islands for global payments giant, Mastercard. We caught with him as he prepares to visit Papua New Guinea this coming November to address the Innovation PNG 2023 conference in Port Moresby.
Mt Hagen, Papua New Guinea’s third-largest city and the centre of the country’s populous Highlands Region, is once again starting to receive attention from investors. Business Advantage PNG discovers why.
Some key Papua New Guinea state assets, including the site of Port Moresby’s old port, are being readied for redevelopment, with private sector investment being sought. The move is being guided by a new investment strategy from state holding company, Kumul Consolidated Holdings.
Since launching as the new kid on the block in 2020, Nuigini Assurance has become a significant player in the country’s competitive insurance sector. Shareholder and interim CEO, Opi Loi, walks Business Advantage PNG through the key drivers of its success so far, and its plans for growth.
With a new strategy to manage Papua New Guinea’s foreign exchange shortages expected soon, the Bank of Papua New Guinea’s Acting Governor, Elizabeth Genia, has moved to reassure business leaders that a devaluation of the country’s currency is not on the cards.
To cater for growing global demand for organically-grown vanilla, Madang-based exporter Kamapin is expanding its support for Papua New Guinea’s vanilla growers. Business Advantage PNG spoke with Managing Director, Dr Nancy Irwin, about the crop’s potential.
In direct response to the ongoing disruption of fuel supplies in Papua New Guinea, Petroleum Minister Kerenga Kua has declared an extraordinary 30-day State of Emergency.