St Barbara to invest millions to redefine Papua New Guinea’s Simberi mine

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St Barbara will invest A$8–$12 million (K19–28 million) on exploration activities in Papua New Guinea this financial year with the aim of extending its Simberi gold mine beyond its current mine life.

In Brief: Papua New Guinea’s growth to rebound in 2019 and other business stories

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ANZ releases a positive economic outlook for PNG, James Marape resigns as Finance Minister and the Boluminski Highway in New Ireland province is open. Your weekly digest of business news.

New Ireland Province: Papua New Guinea Business Guide

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New Ireland is one of the northernmost islands of Papua New Guinea. It is long, narrow and mountainous, with vast stretches of white sandy beaches. The island is part of the Bismarck Archipelago and although 360 km in length, the width is never more than 40 km.

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