St Barbara will invest A$8–$12 million (K19–28 million) on exploration activities in Papua New Guinea this financial year with the aim of extending its Simberi gold mine beyond its current mine life.
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The Bank of Papua New Guinea is looking to sell government debt to international and local investors. Its Governor, Loi Bakani, outlines the challenges to Business Advantage PNG and their connection to PNG’s ongoing foreign exchange shortages.
No phone calls and no text messages could be the future for Papua New Guineans who haven’t registered their SIM cards. Will they get a second chance?
As Papua New Guinea awaits the outcome of ongoing negotiations over the P’nyang gas field, Peter Botten, CEO of PNG’s largest company, Oil Search, has hinted that time may be running out to reach an agreement.
Rising, quite literally, from the ashes of a devastating fire in 2017, retailer CPL Group is back in the black. However, CEO Mahesh Patel tells Business Advantage PNG that rogue retailers and slow government spending have presented challenges to the retailer’s phoenix story.
Papua New Guinea’s major ports of Port Moresby and Lae have achieved significant efficiencies. In this exclusive interview with Business Advantage PNG, ICTSI Chief Executive Officer Anil Singh outlines the opportunities to grow both ports.
Brendan Merry, Manager Pacific Islands at IT service company Data#3, explains why learning to manage IT risk is one of the most important things businesses can do to be able to fully embrace the technological change coming to Papua New Guinea.
There is a multi-million kina export opportunity for PNG’s artisans, according to Virginia Bruce, CEO and founder of the mentoring consultancy REAL Group. She told the Innovation PNG 2019 conference of her experience building the business ‘ecosystem’ to reach that market.
With a soaring share price, production upgrades and strong cash flows, K92 Mining is proving to be one of Papua New Guinea’s resource success stories. Chief Executive Officer John Lewins outlines the company’s aggressive expansion plans to Business Advantage PNG.
Papua New Guinea is driving forward with innovation but there’s still so much to do. Pete Williams, Chief Edge Officer at the Deloitte Centre for The Edge, shared his secrets to harness the power of innovation effectively at the recent Innovation PNG 2019 conference.