‘Just like riding a tiger’: Ok Tedi Mining’s CEO reflects on a momentous year

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It’s been an ‘momentous’ year for Ok Tedi Mining Limited, according its CEO, Nigel Parker. Business Advantage PNG spoke to him about a tough year for Papua New Guinea’s largest mine and its likely future.

Harmony/Newcrest to cut costs

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Gold miners Newcrest Mining and Harmony Gold report are reviewing capital expenditure at their two joint venture projects in Papua New Guinea because of weak gold prices.

Mining update: Papua New Guinea defies world trends

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Minerals sector enjoys its winnings while industrialised world struggles with debt crises. Papua New Guinea’s minerals sector has been sitting in a sweet spot in the past year, with prices for major commodities rising while much of the industrialised world is in a debt-induced funk. The gold price has risen from lows of $US1320 an […]