2023: what can Papua New Guinea business expect from the year ahead?

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Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.

Marape flags new resources regime for Papua New Guinea

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Opening the 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney, Prime Minister James Marape has warned investors that changes are coming to Papua New Guinea’s resources regime.

People moves: New Porgera Limited, Black Swan, Mayur Resources

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New Porgera Limited welcomes members to its Board, Black Swan International PNG appoints new General Manager and Mayur Resources announces Executive Chairman.

In brief: New Porgera Limited close to applying for special mining lease and other stories

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Barrick executives visit Papua New Guinea for talks about a Special Mining Lease for Porgera, PNG welcomes back cruise ships, and Department of Trade and Investment to become a ‘one-stop shop’ for foreign investments. Your business news in a nutshell.

Letter from Lae [Opinion]

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Lae, Papua New Guinea’s industrial and logistics hub, is benefiting from substantial new public and private sector investment. The president of its chamber of commerce, John Byrne, provides an update to Business Advantage PNG.

In brief: Barrick’s boss visits Papua New Guinea to talk about Porgera and other business stories

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Barrick says ‘all we need is for a shareholders agreement’ to restart Porgera, Air Niugini outperforms Australian airlines, and Harmony Gold indicates Wafi-Golpu’s negotiations continue to progress. The business news you need.

In brief: PNGEITI head says Porgera needs to reopen soon and other business stories

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Calls for the reopening of Porgera gold mine and compensation, BSP Financial Group Ltd files a Supreme Court reference on new income tax, and Lae City to get a new market. The business news you need.

How to do business with Papua New Guinea’s major mines

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What opportunities are there to supply Papua New Guinea’s major mines and what do potential suppliers need to know before attempting to do business in the country’s mining sector? We asked procurement professionals at two of the country’s major mines, Ok Tedi and Porgera, during an online briefing this week.

In brief: Telstra gets green light from NICTA to acquire Digicel Papua New Guinea

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NICTA clears path for the acquisition of Digicel PNG by Australian telco giant Telstra, Barrick and Papua New Guinea sign new Porgera shareholders’ agreement, and SP Brewery celebrates 70 years in Papua New Guinea. Your round-up of recent business news.

In brief: World Bank report says GDP in Papua New Guinea is expected to grow and other business stories

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The World Bank has released its economic update on Papua New Guinea, superannuation funds reject bank levy, and SNT Chair says Porgera will reopen next month. The business news you need today.