Mining/petroleum

Nautilus Minerals looks across the Pacific after securing Papua New Guinea undersea mining deal

30 Apr 2014 by Business Advantage PNG 3 Comments

Canadian mining company Nautilus Minerals will accelerate its range of seabed mining projects across the Pacific, after finally signing a US$120 million (K336 million) agreement with the Papua New Guinea government to develop its Solwara 1 mining project in the Bismarck Sea.
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Mining companies watching Ok Tedi takeover ‘closely’, says Standard and Poor’s

2 Oct 2013 by Business Advantage PNG 8 Comments

The ratings agency Standard and Poor’s is adopting a ‘wait and see’ attitude towards the O’Neill government’s nationalisation of the Ok Tedi mine and its owner, the PNG Sustainable Development Program (PNGSDP).
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Stanley gas project approved in Papua New Guinea

16 Apr 2014 by Business Advantage PNG 4 Comments

The national cabinet has approved the US $300 million (K829 m) development of the Stanley gas-condensate field in Western Province.
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Papua New Guinea to join the top dozen LNG exporters

16 Apr 2014 by Business Advantage PNG 2 Comments

The first shipment of Papua New Guinea's LNG exports is due to get underway mid-year, marking the country’s entry to this growing global energy industry. With the prospect of second and third LNG projects, where will PNG fit in to the global LNG market?
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Morauta accuses government of ‘stealing’ Ok Tedi Mining

18 Sep 2013 by Business Advantage PNG 3 Comments

In an escalation of the public debate on the ownership of the Ok Tedi mine, the Chairman of the Papua New Guinea Sustainable Development Program Ltd (PNGSDP) has accused the government of ‘stealing’ Ok Tedi Mining Ltd.
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InterOil to ‘strongly defend’ Elk-Antelope deal with Total

2 Apr 2014 by Business Advantage PNG Leave a Comment

InterOil says it will strongly defend the recent deal it signed with French oil company Total SA involving the Elk-Antelope gas fields Gulf Province.
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Newly-listed Indochine Mining revives Mount Kare gold mine

11 Sep 2013 by Business Advantage PNG Leave a Comment

After a troubled history, the gold mine at Mount Kare in Enga Province was now back on track, Stephen Promnitz, Chief Executive Officer of Indochine Mining, told delegates at the Papua New Guinea Advantage 2103 investment summit this week.
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Newcrest Mining delists from Toronto

4 Sep 2013 by Business Advantage PNG

Australian miner Newcrest Mining Limited has delisted from the Toronto Stock Exchange.
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Where is Papua New Guinea’s next LNG project?

4 Sep 2013 by Business Advantage PNG 6 Comments

With the ExxonMobil-led PNG LNG project 'more than 90% complete' and due to start exports in the second half of 2014, what are the chances of additional LNG projects for PNG? Business Advantage PNG considers the candidates.
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Simberi owner St Barbara posts AUD$192 million loss

29 Aug 2013 by Business Advantage PNG

ASX-listed gold producer, St Barbara Ltd, which owns the Simberi mine in Papua New Guinea's New Ireland, has posted a full-year net loss of AUD$192 million (K409 million), due primarily to a lower gold price.
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Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

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

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

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

Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. … [Read More...]

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

Nautilus Minerals looks across the Pacific after securing Papua New Guinea undersea mining deal

Mining companies watching Ok Tedi takeover ‘closely’, says Standard and Poor’s

Stanley gas project approved in Papua New Guinea

Papua New Guinea to join the top dozen LNG exporters

Morauta accuses government of ‘stealing’ Ok Tedi Mining

InterOil to ‘strongly defend’ Elk-Antelope deal with Total

Newly-listed Indochine Mining revives Mount Kare gold mine

Newcrest Mining delists from Toronto

Where is Papua New Guinea’s next LNG project?

Simberi owner St Barbara posts AUD$192 million loss

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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