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
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9 Feb 2021 by 4 Comments
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
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18 Jan 2021 by Leave a Comment
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.
Making things harder: how manufacturers are adapting to Papua New Guinea’s pandemic trading landscape
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24 Aug 2020 by Leave a Comment
Chey Scovell, head of the Papua New Guinea Manufacturers Council, talks to Business Advantage PNG about how his sector is confronting the challenges of the new normal and an uneven playing field.
People moves: Geopacific Resources, POMCCI, Newcrest, Coastal Shipowners Association
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5 Aug 2020 by Leave a Comment
Geopacific Resources elects a Non-Executive Director, the Port Moresby Chamber of Commerce and Industry (POMCCI) announces its Board composition for 2020 – 2021, Newcrest mining appoints a new Company Secretary.
In brief: Nadzab Airport redevelopment project officially launched and other business stories
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3 Aug 2020 by Leave a Comment
Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.
In brief: Oil Search planning strategic review and other business stories
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27 Jul 2020 by 1 Comment
Oil Search to undergo a strategic review, Newcrest remains positive about Wafi-Golpu and public consultation on internet pricing. The news you need to kickstart your week.
People moves: NASFUND, Newcrest, Embassy of Denmark, ANZ
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6 May 2020 by Leave a Comment
NASFUND welcomes two independent directors to its board, Newcrest gets a new Chief Legal, Risk and Compliance Officer, the Danish Ambassador announces the end of his tenure and ANZ appoints a new member to its Group Executive Committee.
In brief: Oil Search still keen on P’nyang gas project and other business stories
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4 May 2020 by Leave a Comment
S&P Global Rating lowers Papua New Guinea’s sovereign credit rating, Zijing Mining sends letter to Prime Minister Marape and PNG DataCo lands the Kumul Submarine Cable in Kavieng. The business news you need to kickstart your week.
Digging deeper: Mineral Resources Authority confident about the future of Papua New Guinea’s mining sector
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27 Apr 2020 by 2 Comments
The global economic crisis triggered by COVID-19 outbreak has increased the urgency for Papua New Guinea to facilitate mining projects, which are the biggest providers of crucial foreign exchange. Business Advantage PNG speaks exclusively PNG’s Mineral Resources Authority about where the sector is heading.
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