St Barbara set on further exploration in Papua New Guinea, says MD

Welcome,

10 Aug 2016 by Sarah Byrne Leave a Comment

St Barbara recently announced that gold production from its Simberi mine in New Ireland rose by 39 per cent in the year to June: exceeding ‘the upper end of guidance.’ Managing Director Bob Vassie tells Business Advantage PNG that the company is looking to explore more in Papua New Guinea.

Filed Under: Interviews, Latest news, Mining/petroleum, News Tagged With: St Barbara Ltd

In brief: Pacific Marine Industrial Zone gets the go ahead, and other business stories

Welcome,

13 Apr 2016 by Business Advantage PNG

Government tells Chinese company to start building Madang’s Pacific Marine Industrial Zone, new Tourism Minister unimpressed with Tourism Promotion Authority and second LNG ship is named Kumul. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Institute of National Affairs, KK Kingston, MiBank, Nambawan Super, NGIP Agmark, Oil Search Ltd, Pacific Marine Industrial Zone, Parties to the Nauru Agreement, PNG LNG, PNG Tourism Promotion Authority, St Barbara Ltd

Papua New Guinea mining sector: not all bad news

Welcome,

12 Aug 2015 by Business Advantage PNG 1 Comment

The latest closure of the Ok Tedi mine reminds us that disruptions at major mining operations in Papua New Guinea are nothing new. While the closure is undoubtedly a setback, Business Advantage PNG’s survey of PNG’s other major mines suggests prospects for the mining sector are more positive.

Filed Under: Features, Latest news, Mining/petroleum, News, Sections Tagged With: Harmony Gold, Morobe Mining Joint Ventures, Nautilus Minerals, Newcrest Mining, Ok Tedi Mining Ltd (OTML), Simberi gold mine, St Barbara Ltd, Wafi-Golpu

In brief: Papua New Guinea’s Bank of South Pacific completes purchase of three Westpac Pacific operations, and other business news

Welcome,

15 Jul 2015 by Business Advantage PNG Leave a Comment

Bank of South Pacific finalises purchase of Westpac’s Tonga, Samoa and Cook Islands banks; Special Economic Zone agreement in East Sepik and Santos reportedly buying into P’nyang gas field. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: BSP Financial Group, Gold Ridge gold mine, International Food Corporation, Kina Asset Management Limited, Kumul Gamechangers, LR Group, Mineral Resources Authority, Moody's, New Guinea Gold Corporation, Pacific Balanced Fund, Santos, St Barbara Ltd, Westpac

In brief: US power and construction company eyes Papua New Guinea as next location, and other business news

Welcome,

8 Jul 2015 by Business Advantage PNG Leave a Comment

Pernix Group looks to expand into Papua New Guinea, European Investment Bank invited into PNG and Finance Minister says LNG is not ‘a waterfall’ of money.

Filed Under: In brief, News Tagged With: Barrick Gold, Deloitte, European Investment Bank, ExxonMobil PNG, Pacific Marine Industrial Zone, PNG Cocoa Coconut Institute, PNG Power Ltd, St Barbara Ltd, Standard & Poor’s (S&P), Zijin Mining

In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories

Welcome,

6 May 2015 by Business Advantage PNG Leave a Comment

Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asia Pacific Coconut Community, Asian Development Bank (ADB), Bougainville Copper Ltd, Crater Gold Mining, ExxonMobil PNG, Gold Ridge gold mine, InterOil Corporation, Investment Promotion Authority, Motor Vehicle Insurance Ltd (MVIL), PNG Forest Authority, Post PNG, Shell, Small and Medium Enterprise Corporation, St Barbara Ltd

In brief: Total to lead Elk-Antelope gas development, and other business stories

Welcome,

4 Mar 2015 by Business Advantage PNG

Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Click TV, Digicel, ExxonMobil PNG, Grand Papua Hotel, Highlands Highway, Horizon Oil, Indochine Mining, InterOil Corporation, Lowy Institute, New Britain Palm Oil (NBPOL), Oil Search Ltd, Parties to the Nauru Agreement, PNG DataCo, PNG Forest Authority, Simberi gold mine, St Barbara Ltd, Stanley gas project, Steamships, Total SA, WCB Resources

In brief: Oil Search adapts to changing market conditions, and other business stories

Welcome,

25 Feb 2015 by Business Advantage PNG Leave a Comment

LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anitua, ANZ, Autonomous Bougainville Government (ABG), Barrick Gold, Department Trade Commerce and Industry, Digicel, Fiji Airways, Highlands Pacific, Indigenous Business Council of Papua New Guinea, Nautilus Minerals, Oil Search Ltd, PNG LNG, Port Moresby Chamber of Commerce and Industry, Santos, St Barbara Ltd, World Bank

In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories

Welcome,

4 Feb 2015 by Business Advantage PNG Leave a Comment

Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Coffee Industry Corporation (CIC), Department of Education, Digicel, European Union, Fiji, Mitsui, National Airports Corporation, National Research Institute, Nautilus Minerals, Newcrest Mining, Oil Search Ltd, PanAust, PNG Customs Services, PNG LNG, St Barbara Ltd, Standard & Poor’s (S&P), Trukai Industries, Westpac

In brief: Power workers delay strike action for a week, and other business stories

Welcome,

9 Oct 2014 by Business Advantage PNG Leave a Comment

Power workers give management another week to respond to pay claims, the People’s Micro Bank to get a full banking licence, Sime Darby withdraws from takeover talks with NBPOL. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Cocoa Board of PNG, Felda Global Ventures Holdings Bhd, Glencore, Institute of National Affairs, Nauru, New Britain Palm Oil (NBPOL), Newcrest Mining, Pacific Islands Forum, People’s Micro Bank, Rio Tinto, Secretariat of the Pacific Community, Sime Darby, St Barbara Ltd, Total SA, Wilmar International

Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]

Restaurant review: Lucky Lucky, Port Moresby

Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]

Papua New Guinea’s banks embrace a digital future

Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]

CEO Survey suggests PNG business is less bullish, but still planning to invest
The 2024 results of Papua New Guinea’s annual business confidence survey, the PNG 100 CEO Survey, are out. Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among PNG’s business leaders. Analysis of the survey data by Westpac has led to the creation of PNG’s first business […]
Whatever the size of your organisation, your brand matters
International branding expert Sergio Brodsky told delegates at the recent Innovation PNG 2023 conference why their organisation’s brand matters – and there’s a lot more to it than just your logo. The post Whatever the size of your organisation, your brand matters appeared first on Business Advantage International.
Major digitisation announcements at Innovation PNG
Last week’s 2023 Innovation PNG conference showcased some of Papua New Guinea’s best and brightest. It also featured the announcement of some significant new initiatives to stimulate the digitisation of the country’s economy. A full-day program featured four international keynote speakers presenting in person, including senior representatives from KPMG, Mastercard and Konica Minolta, augmented by […]