In brief: Ramu Nico Mine opens after temporary closure and other business news

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Ramu Nico Mine resumes operations, Chile’s president cancels the 2019 APEC Leader’s Week, and Bank South Pacific releases its third quarter results. Your weekly digest of business news.

Papua New Guinea’s Mineral Resource Authority orders closure of Ramu Nickel processing plant

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Papua New Guinea’s Mineral Resource Authority has ordered the indefinite closure of Ramu Nickel processing plant operations after it failed to comply with 16 remedial measures issued following a slurry spill into Basamuk Bay on August 24.

In brief: State-owned enterprises told to lift performance and other business stories

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Papua New Guinea’s state-owned enterprises given pep-talk by Minister, new Credit Guarantee Corporation to be established and Ramu NiCo sales fall. Your weekly digest of the latest business news.

In brief: US$8 billion Frieda River feasibility study released and other business stories

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Feasibility study for Frieda River mine in Sepik Province reveals expanded project, government accounts close this Friday and Pacific nations look to extended their exclusive economic zones. Your weekly digest of the latest business news.

In brief: Ramu NiCo announces K4.8b expansion plans, and other business news

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Ramu NiCo announces expansion, Kina Bank celebrates innovation award, and Frieda River Project Accord signed. A weekly digest of the latest business news.

In brief: A PPP venture mooted for Hela Province, and other business news

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A PPP agricultural venture mooted for Hela Province, first rice harvest from Morobe farm, and Rami Nicu leading the industry in red laterite development. Your weekly digest of the latest news.

In brief: Possible rice agreement with the Philippines, and other business stories

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A possible rice deal with the Philippines; developments in gas sales; and landowner issues. Your weekly digest of the latest business news.

In brief: Bougainville referendum on the agenda, and other business stories

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Bougainville referendum on agenda, Irish potatoes harvested in trial, and Mining Minister reassures landowners. Your weekly digest of the latest business news.

In brief: Foreign exchange reserves to be about US$2 billion by year’s end, and other business stories

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Rise in foreign exchange reserves expected, K1.3 billion required annually for road maintenance work, and Ramu nickel project to have 35 year life. Your weekly digest of the latest business news. 

In brief: Telikom PNG in pre-APEC upgrade, and other business stories

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Telikom PNG in pre-APEC upgrade, strong result for Highlands Pacific, PM in Davos, Oil Search’s successful 2017, poor roads leading to food wastage, IFC sells BSP shares to Fiji fund, Nautilus trials on track, push to  return artefacts