In brief: Boost for roads and agriculture, tax review paper released, rubber production halts

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World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.

Review: Mr Pip movie confronting and powerful

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Bougainville and its people are the stars of the film Mr Pip, which is set against the island’s troubled past.

Bougainville leaders consider lifting exploration moratorium

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Bougainville leaders are considering lifting the moratorium on mineral exploration which has been in place since the 1970s, in case the Panguna gold and copper mine does not re-open.

Bougainville mine could re-open within two years: landowners

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The newly-appointed head of the Bougainville landowners group is cautiously optimistic that work to re-open the giant Panguna copper and gold mine could begin within two years.

People moves: BSP, Bougainville Copper, Kingston Retail

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A new CEO announced for BSP, Bougainville Copper board changes and a new divisional manager at K K Kingston.

PM O’Neill flags major restructure of Papua New Guinea’s state-owned assets

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Papua New Guinea’s Prime Minister, Peter O’Neill, has confirmed the government will restructure the country’s interests in oil, gas and mining resources into two separate mining and petroleum companies. All other state-owned enterprises will be absorbed into a third holding company.

Mining update: Papua New Guinea defies world trends

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Minerals sector enjoys its winnings while industrialised world struggles with debt crises. Papua New Guinea’s minerals sector has been sitting in a sweet spot in the past year, with prices for major commodities rising while much of the industrialised world is in a debt-induced funk. The gold price has risen from lows of $US1320 an […]