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

In brief: Construction phase of Panguna mine to cost US$4-6 billion, and other business stories

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Bougainville Copper Ltd says Panguna mine could be operational by 2025-26, Foreign exchange injection this week, and Tolukuma gold mine may restart by year’s end. Your weekly digest of the latest business news. 

Increasing global battery demand will drive higher nickel & cobalt prices, predicts Highlands Pacific MD

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As demand for electric cars gather pace, Papua New Guinea’s Ramu mine is perfectly placed to be a big provider of the nickel and cobalt, both essential ingredients for these hi-tech batteries. Craig Lennon, Managing Director of Highlands Pacific told the Business Advantage Papua New Guinea Investment Conference in Sydney that both commodities are hot.

In brief: BSP proposed ASX listing postponed, and other business stories

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Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.

In brief: Chinese companies win bid to build Ramu 2 power project, and other business stories

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Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.

In brief: Sir Mekere Morauta offers 3-step solution to K2 billion PNGSDP dispute, and other business stories

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Sir Mekere Morauta calls for ‘genuine government effort’ to resolve K2 billion dispute, IFC approves credit facility and Manus business leaders want to be treated as a ‘special case’, if detention camps close. Your weekly digest of the latest business news.

In brief: Total SA to start construction of LNG plant in 2018 and other business stories

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Total SA Chairman says company is planning to commence construction of LNG plant in 2018, Ramu NiCo ordered to stop operating nickel mine and Harmony Gold reports ‘continuing exploration success.’ Your weekly digest of the latest business news. The Chairman and Chief Executive Officer of oil and gas company Total SA, Patrick Pouyanné, says the company is planning to […]

In brief: PNG LNG project makes a significant contribution to landowner companies, and other business stories.

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Local landowner companies benefit from PNG LNG project, PNG Government takes Woodlark stake, and Buka Airport disrupted by shut down. Your weekly digest of the latest regional business news.