Cashed-up Kingston Resources is expecting to complete a pre-feasibility study later this year for the Misima gold project in Papua New Guinea’s Milne Bay Province. With the gold price riding high, investors believe the project is a promising one.
Industry sectors
Fintech company NiuPay is making headlines with its e-government solutions and a recent partnership with Kina Bank. Business Advantage PNG meets its Director, James Inglis, to learn more about the business.
Getting the right advice can be critical when you run your own business in Papua New Guinea, but it can be hard to find at an affordable price. That’s where Business Link Pacific comes in.
At a time when private sector investment is stalling, the A$2 billion [K4.96 billion] Australian Infrastructure Financing Facility for the Pacific is ramping up and targeting projects that will help drive Papua New Guinea’s economy.
Peter Graham, Chairman of Papua New Guinea’s state-owned mining company Kumul Minerals Holdings, talks extensively about its plans for the future.
Foreign direct investment into Papua New Guinea dropped in the first quarter of 2020, according to Investment Promotion Authority figures. Meanwhile, business expresses concern over proposed changes to PNG’s investment laws.
Invest In Me is the first crowdfunding platform developed by Papua New Guineans exclusively for Papua New Guineans.
Papua New Guinea’s coffee industry has failed to reach its full potential, but a new plan aims to fix that.
Papua New Guinea signed up to China’s Belt and Road initiative in 2018 but this is unlikely to result in significant investment, according to Dinny McMahon, author of China’s Great Wall of Debt.
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.