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 […]