Mining/petroleum

Papua New Guinea mining sector: not all bad news

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.
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Ok Tedi mine closure could cost Papua New Guinea K2.7 billion

The El Nino weather pattern which has seen the temporary closure of the Ok Tedi mine could potentially last for up to a year, according to former senior PNG agriculture business executive, Bob Hansen, adding the loss of mining income could be as much as K2.77 billion a year.
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Sufficient coal in Papua New Guinea to supply a 50-megawatt power station for 30 years, says Mayur Resources

A drilling campaign covering 1.5 km in the Gulf region has revealed there is enough high quality coal to run a 50-megawatt power station for 30 years, according to Paul Mulder, CEO of Brisbane-based unlisted miner, Mayur Resources.
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Selecting sites for second Papua New Guinea LNG plant ‘difficult’, says Total’s Philippe Blanchard

The selection of the two key sites to develop Papua New Guinea’s Elk Antelope LNG fields was a difficult task, requiring a full set of studies to reach a decision, according to Philippe Blanchard, the Managing Director of Total PNG, the lead operator of the project.
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Corporate organisations build on success of remote Papua New Guinea health initiatives

Travel times to medical centres in remote parts of Papua New Guinea have been cut from three weeks to as little as three hours as a result of health initiatives introduced by Digicel's PNG Foundation. Business Advantage PNG spoke to Foundation CEO Beatrice Mahuru to find out how this has been achieved.
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Bright spots, but challenges remain for Papua New Guinea’s mining sector

Despite some positive developments for the mining sector in Papua New Guinea, the industry continues to face funding challenges for critical exploration activity, the PNG Chamber of Mines and Petroleum's Greg Anderson tells Business Advantage PNG.
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Highlands Pacific continues unique path to Papua New Guinea mining success

In the challenging environment facing Papua New Guinea’s mining industry, Highlands Pacific is standing out as a bright spot, after starting its Star Mountain exploration campaign with mining giant Anglo American. Business Advantage PNG talks with Managing Director John Gooding.
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