Mining/petroleum

Papua New Guinea government and Barrick Gold outline competing visions for Porgera

20 Jul 2020 by Paul Chai 9 Comments

Prime Minister James Marape and Barrick Gold have offered two competing visions for the reopening of the Porgera gold mine. With the mine closed and court cases ongoing, the latter is highlighting the impact on business and the community.
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Barrick initiates international proceedings over Porgera

13 Jul 2020 by Business Advantage PNG 2 Comments

In its latest step to maintain its position as operator of the Porgera gold mine, Barrick (Niugini) is taking its dispute with Papua New Guinea to the International Centre for Settlement of Investment Disputes.
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Ripple effects: how the global pandemic is affecting oil and gas in Papua New Guinea

6 Jul 2020 by David James Leave a Comment

The COVID-19 crisis has profoundly shaken the global oil and gas industry. With the medium term picture for LNG prices likely to heavily impact PNG’s economy and government finances, Business Advantage PNG looks at the sector's prospects.
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Fair split: finding an oil and gas model that works in Papua New Guinea

1 Jul 2020 by David James Leave a Comment

Papua New Guinea is making changes to its approach to oil and gas projects, suggesting the country gets a worse share of revenues than other comparable nations. John Chambers, General Manager of Santos, considers some of the options used internationally.
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Ok Tedi Mining to be a ‘model miner’, says new CEO

29 Jun 2020 by Business Advantage PNG 1 Comment

In the midst of Papua New Guinea's state of emergency, there was a change at the top of Ok Tedi Mining Limited (OTML). Business Advantage PNG asks Musje Werror, OTML's newly appointed Managing Director and CEO, about his vision for the future of PNG's largest mine.
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Tools down: Papua New Guinea’s Porgera gold mine starts sacking workers

29 Jun 2020 by David James 16 Comments

Barrick Niugini, the majority owner and operator of the Porgera gold mine, has announced that it will be retrenching most of its workforce over the coming weeks. Meanwhile, Papua New Guinea's government seems intent of finding a new operator for the mine.
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Very resourceful: how K92 Mining has thrived during COVID-19 in Papua New Guinea

24 Jun 2020 by David James Leave a Comment

Mining companies in Papua New Guinea have been able to keep operating during the COVID-19 crisis. John Lewins, Chief Executive Officer and Director of K92 Mining, says his company actually 'set records'.
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Amendments to Papua New Guinea’s Mining Act provide for State to take a more active role

17 Jun 2020 by David James 7 Comments

Amendments to the Mining Act 1992 have been passed in parliament, with Mining Minister Johnson Tuke explaining it is a step towards ‘taking back’ Papua New Guinea. Meanwhile, industry representatives have expressed some deep concerns.
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Oil change: Marape to alter Papua New Guinea’s oil and gas legislation

15 Jun 2020 by David James 9 Comments

Prime Minister James Marape has introduced changes to Papua New Guinea’s oil and gas law, claiming it will benefit the country’s ‘national interest’. The changes may well represent a major shift in the way projects are developed in the future.
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Porgera: Barrick can challenge decision to end mining lease

10 Jun 2020 by David James Leave a Comment

Papua New Guinea's National Court has granted Barrick Niugini leave for a review of the decision not to extend the Special Mining Lease for the Porgera gold mine. Related disputes have also arisen, and the Prime Minister has flagged 'minor amendments' to PNG's Mining Act.
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Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]

Mining/petroleum

Papua New Guinea government and Barrick Gold outline competing visions for Porgera

Barrick initiates international proceedings over Porgera

Ripple effects: how the global pandemic is affecting oil and gas in Papua New Guinea

Fair split: finding an oil and gas model that works in Papua New Guinea

Ok Tedi Mining to be a ‘model miner’, says new CEO

Tools down: Papua New Guinea’s Porgera gold mine starts sacking workers

Very resourceful: how K92 Mining has thrived during COVID-19 in Papua New Guinea

Amendments to Papua New Guinea’s Mining Act provide for State to take a more active role

Oil change: Marape to alter Papua New Guinea’s oil and gas legislation

Porgera: Barrick can challenge decision to end mining lease

Editor’s picks

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

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