Mining/petroleum

Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024

4 Jun 2024 by Nadav Shemer Shlezinger Leave a Comment

Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company's strategy to consolidate some of Papua New Guinea's smaller mining projects.
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Papua New Guinea’s premier business magazine to publish a special mining and energy edition

4 Jun 2024 by Charlotte Armstrong Leave a Comment

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.
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ExxonMobil PNG’s Tera Shandro on the next decade of LNG in Papua New Guinea

7 May 2024 by Tera Shandro 2 Comments

A decade on from the opening of PNG LNG, Papua New Guinea's first gas project, ExxonMobil PNG's Chairperson and Managing Director Tera Shandro reflects on the progress so far and the potential of forthcoming projects such as the K5 billion Angore project and the Wildebeest prospect.
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Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry

24 Apr 2024 by Business Advantage PNG 7 Comments

PNG CORE has come out with serious objections to the government’s proposed National Gold Corporation Bill. We take a closer look at the legislation and what it could mean for the country's second most valuable export.
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Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

14 Feb 2024 by Business Advantage PNG Leave a Comment

Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
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TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

14 Feb 2024 by Tony Jordan 2 Comments

A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.
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New Porgera Chairman announces reopening date for gold mine

13 Dec 2023 by Business Advantage PNG Leave a Comment

The Porgera gold mine in Papua New Guinea's Enga Province will officially restart on 22 December, according to the Managing Director of Kumul Minerals Holdings, Sarimu Kanu, who is also Chairman of New Porgera Limited, the new operator of the mine.
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Papua LNG investment decision faces delay as financiers grapple with climate concerns

13 Dec 2023 by Tony Jordan 4 Comments

The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
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Decarbonisation: what’s the business opportunity and how does PNG get involved?

25 Oct 2023 by Business Advantage PNG Leave a Comment

The decarbonisation of the global economy is going to create the greatest investment opportunity of our lifetime, according to KPMG's Global Oil and Gas Lead, Jonathan Parker. But how do companies prepare, and what role does government have in making it happen?
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Newmont to list in Papua New Guinea as Newcrest acquisition is finalised

25 Oct 2023 by Business Advantage PNG 1 Comment

Newmont Corporation's acquisition of Newcrest Mining, which owns the Lihir gold mine in Papua New Guinea, and is one of the partners in the Wafi-Golpu copper-gold joint venture, is set to be completed in coming days. Business Advantage PNG considers what will happen next.
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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

Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024

Papua New Guinea’s premier business magazine to publish a special mining and energy edition

ExxonMobil PNG’s Tera Shandro on the next decade of LNG in Papua New Guinea

Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry

Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

New Porgera Chairman announces reopening date for gold mine

Papua LNG investment decision faces delay as financiers grapple with climate concerns

Decarbonisation: what’s the business opportunity and how does PNG get involved?

Newmont to list in Papua New Guinea as Newcrest acquisition is finalised

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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