In brief: Wafi-Golpu mine negotiations reach ‘final leg’ and other business news

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MRA head says Wafi-Golpu mine negotiations are in their ‘final leg’, fuel prices expected to increase and coffee prices expected to drop. The business news you need this morning.

Geopacific Resources to review the future of Woodlark gold project

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The future of the proposed new gold mine on Papua New Guinea’s Woodlark Island remains in question, as Geopacific Resources looks to reset expectations surrounding the project and explores the possibility of a ‘corporate or asset-level’ sale.

People moves: Geopacific Resources, Pac Re

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Director retires from Geopacific Resources and new Chief Executive Officer for Pacific Re Limited (Pac Re).

People moves: Geopacific Resources, FX Business Centre PNG, Newcrest Mining

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Changes at Geopacific Resources, a new General Manager at FX Business Centre and Newcrest appoints Chief Financial Officer.

Geopacific Resources’ ‘phenomenal’ Woodlark project to produce gold within 18 months

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Australian miner Geopacific Resources has secured funding to develop the gold mine on Papua New Guinea’s Woodlark Island in Papua New Guinea’s Milne Bay Province. Business Advantage PNG spoke exclusively to Chairman Ian Clyne and CEO Tim Richards about their expectations for the project.

In brief: More than a billion kina for ‘maritime infrastructure’ and other business stories

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PNG Ports announced a K1.1 billion partnership with Australia for maritime infrastructure, Geopacific Resources gets funding for Woodlark Island gold mine and new training program for SMEs. The business news in brief.

People moves: Geopacific Resources, POMCCI, Newcrest, Coastal Shipowners Association

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Geopacific Resources elects a Non-Executive Director, the Port Moresby Chamber of Commerce and Industry (POMCCI) announces its Board composition for 2020 – 2021, Newcrest mining appoints a new Company Secretary.

People Moves: Geopacific Resources

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CEO of Geopacific Resources stands down.

In brief: PNGX announces the launch of six indices and other business news

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PNGX to launch six indices, Oil Search reports sluggish third quarter results, and Geopacific Resources on track to fund Woodlark. Your weekly digest of business news.

People moves: National Parliament of Papua New Guinea, Geopacific Resources

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A new Opposition Leader is announced and Geopacific Resources appoints a Non-executive Director.