Following on from his recent interview with Business Advantage PNG, new PNG Power Limited CEO Paul Bayly expanded on the utility’s turnaround plan at the 2025 Business Advantage PNG Investment Conference. In his speech, he shared a list of near-term projects which would assist with the turnaround and include “opportunities for would-be investors”.
People Moves: K92 Mining, Kumul Petroleum, ANZ PNG, Kina Bank
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27 Aug 2025 by Leave a Comment
Promotions at K92 Mining, new Executive General Manager at Kumul Petroleum, new Country Head for ANZ PNG, and board changes at Kina Bank.
People Moves: NICTA, K92 Mining
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15 Jul 2025 by Leave a Comment
New board members for the National Information and Communications Technology Authority, retirement at K92 Mining.
People moves: BSP, Pacific Trade Invest Australia, K92 Mining
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30 Jan 2025 by Leave a Comment
New CFO for BSP, new Trade Commissioner for Pacific Trade Invest Australia, key management changes for K92 Mining.
Kainantu gold mine set to quadruple production by 2027
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29 Oct 2024 by Leave a Comment
The Kainantu gold mine in Eastern Highlands Province has been in continuous expansion since its acquisition by K92 Mining in 2015. CEO John Lewins shares his company’s aspiration to become the PNG’s mining sector’s largest taxpayer – and the investment underpinning it.
Editorial: Patience and persistence yields results in major resources projects
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23 Oct 2024 by Leave a Comment
Looking back over the history of resources development in Papua New Guinea, the need for patience and persistence is clear.
In brief: Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, and other business stories
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17 Aug 2023 by Leave a Comment
Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, Airbus wins race to replace Air Niugini fleet, while Securities Commission revokes Melanesian Trustee Services Limited’s trustee license. Your business news in brief.
In brief: PNG Power’s tariffs rise for the first time in a decade and other stories
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1 Aug 2023 by Leave a Comment
Energy regulator announces an increase in power prices to support the rehabilitation of PNG Power, Nambawan Super threatens to lock out its government tenants and Wafi-Golpu negotations continue. Your business news in a nutshell.
People moves: K92 Mining, BSP Financial Group, CopperMoly
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27 Apr 2023 by Leave a Comment
K92 Mining appoints new Chair, BSP Financial Group welcomes a new Director and board changes at Coppermoly.
Massive Kainantu mine expansion reaches next phase: K92 CEO
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1 Feb 2023 by 1 Comment
With a ten-year extension to its mining lease secured, K92 Mining is moving to the next phase of its project to transform the Kainantu mine. Business Advantage PNG spoke with CEO John Lewins about the vision to create a world-class gold mine.
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