Two key events before year’s end are likely to decide the timeline for the rebuilding of the Panguna copper mine on Bougainville Island. The Chairman of Bougainville Copper Limited, Rob Burns also tells Business Advantage PNG two board appointments last month (Oct) is part of the company’s strategic development.
Key meetings to determine timeline for rebuilding Bougainville’s Panguna copper mine
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In brief: O’Neill says 2018 Budget will encourage businesses and create jobs, and other business stories
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Prime Minister O’Neill says 2018 will encourage business development and create jobs, IFC identifies niche markets for tourism growth, and Aropa Airport edges towards night flights. Your weekly digest of the latest business news.
People moves: Bougainville Copper, Nautilus Minerals, Allens
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New directors at Bougainville Copper and Nautilus, senior appointments at Allens
In brief: Construction phase of Panguna mine to cost US$4-6 billion, and other business stories
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Bougainville Copper Ltd says Panguna mine could be operational by 2025-26, Foreign exchange injection this week, and Tolukuma gold mine may restart by year’s end. Your weekly digest of the latest business news.
People moves: Bank South Pacific, Bougainville Copper
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A new Director at BSP, Senior appointments at Bougainville Copper
In brief: Incoming Treasurer to announce a 100-day economic plan, and other business stories
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Treasurer Charles Abel wants to restore confidence in the economy, election unrest in Mt Hagen may cost businesses K50 million, and BCL board meets in Bougainville. Your weekly digest of the latest business news.
Global mining major needed to re-open Bougainville’s Panguna copper mine?
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Funding the re-opening of the Panguna copper mine is a key concern for a newly-formed Joint Committee of landowners, BCL and governments, says Bougainville Governor, John Momis. Independent analysts believe it is likely to come from one of the global mining majors.
In Brief: Election campaign period to last eight weeks, and other business stories
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Electoral Commissioner says campaign period will last eight weeks, Ombudsman suspends release of development funds until after the election and cocoa production back to average levels before borer struck. Your weekly digest of the latest business news.
‘Unshackled’ Bougainville Copper reveals strategy for re-opening Panguna mine on Bougainville
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If the giant Panguna copper mine on Bougainville is ever to re-open, many complex problems must be solved, including the status of the former miner, Bougainville Copper Limited (BCL). In this exclusive interview with Business Advantage PNG, BCL Chairman Rob Burns outlines its strategy to return to mining.
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