In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories

Welcome,

Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.

Newcrest Mining’s PNG head on Lihir, Wafi Golpu and its operations in Papua New Guinea

Welcome,

Newcrest’s Chief Operating Officer PNG, Craig Jones, talks with Business Advantage PNG about the future of Lihir gold mine and Wafi-Golpu, and the impact COVID-19 has had on its operations.

People moves: Geopacific Resources, FX Business Centre PNG, Newcrest Mining

Welcome,

Changes at Geopacific Resources, a new General Manager at FX Business Centre and Newcrest appoints Chief Financial Officer.

People moves: Newcrest Mining, High Arctic, Mayur Resources

Welcome,

A new Chair for Newcrest and new CFOs for High Arctic and Mayur Resources.

Five reasons you should attend the 2021 Papua New Guinea Investment Conference online

Welcome,

The three-day 2021 Business Advantage Papua New Guinea Investment Conference starts live-streaming at 9am on Tuesday 7 September. Andrew Wilkins, Publishing Director and conference host, Business Advantage International, outlines the reasons why this is the year to attend.

Newcrest Mining posts record profit

Welcome,

Papua New Guinea’s largest gold miner, Newcrest Mining, has lodged record profits for the 12 months ending 30 June, thanks to higher gold and copper prices and lower operating costs.

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.

Wafi-Golpu JV explains its deep sea waste disposal plan

Welcome,

The Wafi-Golpu Joint Venture has released new information on its proposed DSTP method of tailings disposal for the planned Wafi-Golpu mine in Papua New Guinea. The move is designed to allay environmental concerns, including those expressed by Morobe Governor Ginson Saonu.

In brief: K100 million for Ihu Special Economic Zone and other business stories

Welcome,

Ihu Special Economic Zone gets funds, Prime Minister Marape urges national to go into small agriculture businesses and the Internal Revenue Commission opens an office in Jiwaka Province. Business news to stay on top.