In brief: reforms to grow PNGX announced and other business stories

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Reforms to Papua New Guinea’s capital markets, Securities Commission of PNG to investigate the potential sale of minority stake in Trukai Industries, and Newmont and Newcrest told of government’s expectations. Your news in brief.

Potential expansion plan for Papua New Guinea’s Ramu nickel mine

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With strong production numbers and promising drilling results, the Ramu nickel-cobalt mine in Papua New Guinea is heading for a bright future – and expansion is on the cards. Business Advantage PNG talks to its two venture partners as the mine celebrates 10 years of production.

Analysis: Is Papua New Guinea’s economic bust over?

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Is Papua New Guinea’s economy set for its next boom? Devpolicy’s Stephen Howes and Alyssa Leng examine the signs of a turnaround.

Papua New Guinea’s resources sector to gather in Sydney

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Next month’s 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney (5 to 7 December) will mark the event’s return for the first time since the COVID-19 pandemic. Business Advantage PNG previews what to expect.

In brief: Papua New Guinea’s economy returns to growth and other business stories

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The World Bank forecasts positive economic growth for Papua New Guinea, Trukai Industries gets ISO recertification. and new seafood holding and distribution facility to open in PNG. The business news you need.

Landowner company Anitua’s new expansion strategy

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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.

Economic update: Beyond COVID-19 in Papua New Guinea

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2021 promises to be a year like no other in Papua New Guinea, as business leaders look beyond the COVID-19 crisis to an economy preparing for a major transition. They share their expectations with Andrew Wilkins.

Papua New Guinea falls in mining investment rankings

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Papua New Guinea is ranked as the tenth worst destination for investment in mining, according to the Fraser Institute’s Survey of Mining Companies 2020. Infrastructure and security were nominated as areas of particular concern.

Papua New Guinea facing a ’triple crisis’, says World Bank economist

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Papua New Guinea has been dealing with a ’triple crisis’, according to Ilyas Sarsenov, Country Economist for the World Bank in PNG. Speaking at a Business Advantage PNG online briefing, he said that the economy has fallen well below previous growth forecasts.

In brief: Preparing to clean up Papua New Guinea’s Sinivit gold mine and other business stories

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A submission to Cabinet is being prepared to clean up the Sinivit mine, 6-Mile market to open next month and Ela Beach opens its Beachside Precinct.