Change of CEO at K92 Mining, new director at Hargy Oil Palms Ltd.
K92 Mining
K92 Mining is pushing on relentlessly with the growth of its Kainantu mine in Eastern Highlands. CEO John Lewins provides a progress report and shares the secrets to the operator’s success
The oversubscription of a recent capital raising by exploration firm Great Pacific Gold shows investors are bullish on Papua New Guinea’s mining sector. Its Chief Executive Greg McCunn shares the next steps with Business Advantage PNG.
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”.
Promotions at K92 Mining, new Executive General Manager at Kumul Petroleum, new Country Head for ANZ PNG, and board changes at Kina Bank.
New board members for the National Information and Communications Technology Authority, retirement at K92 Mining.
New CFO for BSP, new Trade Commissioner for Pacific Trade Invest Australia, key management changes for K92 Mining.
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.
Looking back over the history of resources development in Papua New Guinea, the need for patience and persistence is clear.
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.