Sarimu Kanu, Managing Director of Kumul Minerals Holdings (KMHL), sits down for an exclusive interview with Andrew Wilkins, in which he discusses Porgera, Ok Tedi and KMHL’s plans around acquisitions, stranded resources and the building of a gold refinery in PNG.
Papua New Guinea’s 50 years of economic achievement
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12 Sep 2025 by Leave a Comment
As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
Editorial: Mergers and acquisitions activity in Papua New Guinea set to increase
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2 Jul 2025 by Leave a Comment
Papua New Guinea’s Independent Consumer and Competition Commission is set for a busy few months, as the country looks set for a higher-than-usual level of mergers-and-acquisitions activity. Beyond M&A, there are other developments for investors to look forward to as well.
Kumul Minerals MD on Wafi-Golpu, Porgera and regional consolidation [video]
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7 Apr 2025 by Leave a Comment
Sarimu Kanu, Managing Director at Kumul Minerals Holdings, speaks with Business Advantage PNG about negotiations over the Wafi-Golpu copper-gold project, the latest developments at the Porgera and Ok Tedi mines, and plans to consolidate stranded gold assets.
St Barbara ‘accelerates’ plans to extend Simberi mine life to 2036
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28 Jan 2025 by Leave a Comment
The operator of PNG’s Simberi gold mine is aiming to extend the mine’s life by at least 10 years and triple annual production. In an exclusive interview with Business Advantage PNG, St Barbara’s CEO Andrew Strelein outlines how his company is expediting these plans, including a deal to sell a minority share in the mine to Kumul Minerals.
Expansion on cards for Papua New Guinea’s only nickel-cobalt mine
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2 Jan 2025 by Leave a Comment
A planned expansion of the Ramu nickel-cobalt mine in Papua New Guinea’s Madang Province is “still definitely on the cards”, according to Craig Lennon, Head of Asia-Pacific for the mine’s joint-venture partner, Nickel 28.
Ok Tedi eyeing extension of mine life to 2050
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12 Dec 2024 by 2 Comments
Kumul Minerals is planning a bright future for Ok Tedi, PNG’s oldest and largest producing mine. Managing Director Sarimu Kanu shares the plans with Business Advantage PNG.
Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow
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23 Oct 2024 by Leave a Comment
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
Newmont CEO affirms Wafi-Golpu ‘will be developed’
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18 Jun 2024 by Leave a Comment
Newmont Corporation’s Tom Palmer tells Business Advantage PNG that Papua New Guinea fits well within company’s strategy, but cautions that the prospective Wafi-Golpu copper-gold project will need to compete for capital with other projects in portfolio.
Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024
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4 Jun 2024 by Leave a Comment
Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company’s strategy to consolidate some of Papua New Guinea’s smaller mining projects.
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