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

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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.

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

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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

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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

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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

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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.

People moves: executive moves and changes relevant to Papua New Guinea

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National Petroleum Company gets acting MD and board Wapu Sonk has been appointed Acting Managing Director of Papua New Guinea’s newly-revived National Petroleum Company. The company’s board will be chaired by Kramer Ausenco Chief Executive Officer Frank Kramer, and will include Trans Wonderland Managing Director Larry Andagali, Secretary of the Department of Public Enterprises Mathias […]

The rise of PNG’s private sector

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IFC, the private sector development arm of the World Bank Group, has increased its presence in Papua New Guinea. Business Advantage talks to IFC’s Resident Representative in PNG, Carolyn Blacklock, about taking PNG’s private sector to the next level. What is the status of the IFC’s own investment portfolio in PNG? We continue to work […]