Sewa Bay shows potential for Highlands Pacific, El Nino weather conditions to continue into 2016, and import ban on fruit and vegetables. Your weekly digest of the latest business news.
Highlands Pacific
Despite some positive developments for the mining sector in Papua New Guinea, the industry continues to face funding challenges for critical exploration activity, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG.
Business endorses new Police Commissioner, Kumul Flyover opens, and Oil Search chief says low prices are here to stay. Your weekly digest of the latest business news.
In the challenging environment facing Papua New Guinea’s mining industry, Highlands Pacific is standing out as a bright spot, after starting its Star Mountain exploration campaign with mining giant Anglo American. Business Advantage PNG talks with Managing Director John Gooding.
Motukea Island Port project expressions of interest called for, PM dismisses ‘secret deals’ with Rio Tinto, and Star Mountains project JV launches exploration campaign. Your weekly digest of the latest business news.
LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.
Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.
PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.
Lae port upgrade reaches milestone, Respol acquires Talisman Energy, and PNG forecast for significant economic growth. Your weekly digest of the latest business news.
Violence takes a toll on businesses in Papua New Guinea, Anglo American and Highlands Pacific form joint venture, and Sime Darby extends takeover deadline for NBPOL. Your weekly digest of the latest business news.