Editorial: Mergers and acquisitions activity in Papua New Guinea set to increase

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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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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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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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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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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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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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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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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.

Papua New Guinea’s premier business magazine to publish a special mining and energy edition

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With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors.

New Porgera Chairman announces reopening date for gold mine

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The Porgera gold mine in Papua New Guinea’s Enga Province will officially restart on 22 December, according to the Managing Director of Kumul Minerals Holdings, Sarimu Kanu, who is also Chairman of New Porgera Limited, the new operator of the mine.