In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

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Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.

Marape flags new resources regime for Papua New Guinea

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Opening the 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney, Prime Minister James Marape has warned investors that changes are coming to Papua New Guinea’s resources regime.

People moves: BSP, Barrick Gold, Heduru Moni, Kina Bank, Coca-Cola

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A new Group CEO for BSP Financial Group, Barrick Gold and Heduru Moni announce new Independent Directors, Kina Bank welcomes new Regional Manager and Coca-Cola appoints new marketing executive.

In brief: Barrick’s boss visits Papua New Guinea to talk about Porgera and other business stories

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Barrick says ‘all we need is for a shareholders agreement’ to restart Porgera, Air Niugini outperforms Australian airlines, and Harmony Gold indicates Wafi-Golpu’s negotiations continue to progress. The business news you need.

Economic update: cautious optimism in Papua New Guinea as major projects take shape

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With major new resources projects still in play, and new players entering the market, this election year will be one to watch in Papua New Guinea. Business Advantage PNG talks to the country’s business leaders about the year ahead.

2022: what can Papua New Guinea business expect from the year ahead?

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Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.

In brief: Barrick executives visit Papua New Guinea and other business stories

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Barrick’s CEO Mark Bristow is in Papua New Guinea to advance Porgera talks, K92 Mining announces expansion, and Eastern Highlands Province in lockdown. The business news you need today.

Barrick Gold and Papua New Guinea Government strike new deal over Porgera

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The Porgera gold mine in Enga Prince looks set to reopen later this year after the Papua New Guinea Government and mine operator Barrick Gold reached a ‘binding framework agreement’ to share future benefits from the mine and boost local ownership. 

In brief: Prime Minister says deal for Porgera’s reopening imminent and other business stories

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Prime Minister Marape says government is ‘poised to sign’ a deal to reopen the Porgera mine, World Bank to help PNG Power and OK Tedi Mining resumes operations.

People moves: Nasfund, Mayur Resources, PNG, Tourism Promotion Authority, Barrick Gold

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Moves at Nasfund, Mayur Resources announces Non-Executive Director, Papua New Guinea Tourism Promotion Authority elects new CEO and Barrick Gold welcomes a new member to its board.