Landowner company Anitua’s new expansion strategy

Welcome,

Diversified landowner company Anitua is on the comeback trail, according to Chief Executive Patrick Doekes. He tells Business Advantage PNG the Papua New Guinean landowner company is looking to streamline operations and expand its product offerings.

In brief: vaccine rollout announced for Papua New Guinea and other business stories

Welcome,

Vaccine rollout announced for Papua New Guinea’s 22 provinces, Enga Electrification Project gets funding and Kumul Petroleum to seek funding for gas fields overseas. The news in brief.

Going strong: Lihir forecasts record gold production

Welcome,

Newcrest Mining says it can ‘unlock significant value’ at Lihir, Papua New Guinea’s biggest gold mine. David James takes a closer look at a mine forecast to produce over a million ounces a year.

In brief: Papua New Guinea’s economy expected to recover by 2.5 per cent and other business stories

Welcome,

Bank South Pacific executive says Papua New Guinea’s economy will recover by 2.5 per cent, Marape launches seven projects in Kainantu including the Ramu Hydro Power Station 2 and K1 million allocated for communication towers in Gulf Province.

Transparency report shines light on Papua New Guinea’s extractive sector

Welcome,

Although the extractive sector continues to be responsible for the bulk of Papua New Guinea’s exports, the latest Papua New Guinea Extractive Industries Transparency Initiative report has found that revenues to government remain comparatively small. Here’s what you need to know.

Newcrest Mining still waiting to resume discussions over ‘premier’ Wafi-Golpu project, says senior executive

Welcome,

Newcrest Mining Ltd is still waiting to resume discussions with the Papua New Guinea government to grant a Special Mining Lease to start developing the Wafi-Golpu gold-copper project. The enforced delay has given the company license to focus on its other projects, reports David James.

‘Prosperity diseases’ the next health challenge for Papua New Guinea

Welcome,

The next health care challenge for Papua New Guinea authorities are the afflictions of modern society, says Myles Neri, Group Medical Director of International SOS. They include heart disease, stroke and cancer.

Sticking points in Mining Act yet to be resolved, says Mining Minister Byron Chan

Welcome,

The Minister for Mining, Byron Chan, says that the amendments to Papua New Guinea’s Mining Act are ‘complete’. But he tells Business Advantage PNG that there are some contentious issues.

Anitua’s key priorities are expansion and self-reliance says incoming CEO of Papua New Guinea’s largest landowner group

Welcome,

Anitua’s independence strategy, known as the ‘Lihir Destiny’, for Papua New Guinea’s largest and most successful landowner company will continue under its new CEO, John Gethin-Jones. He tells Business Advantage PNG that key focusses are constant review of activities and staff development.

Lihir loan scheme a model for Papua New Guinea: Yates

Welcome,

In what is believed to be a first for Papua New Guinea, Lihir Island landowners will have access to a new lending scheme to finance their small businesses and help foster economic development on the island.