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Papua New Guinea Government moves to take over Porgera lease

31 Aug 2020 by Business Advantage PNG 6 Comments

Papua New Guinea's government has moved to effectively take over the Porgera gold mine in Enga Province by issuing a Special Mining Lease to state-owned mining company, Kumul Minerals Holdings. Legal challenges look likely.
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Papua New Guinea’s proposed new resources law aims to shake up old ownership models

31 Aug 2020 by David James Leave a Comment

A new organic law defining how Papua New Guinea manages resource projects may soon be tabled in Parliament. It appears the main aim will be to change ownership and control of future projects, but will it spook international investors?
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LNG prices bounce back

31 Aug 2020 by David James Leave a Comment

LNG prices have surged clawing back earlier losses, while the oil price is steady and cocoa is also strong: Business Advantage PNG’s monthly overview of commodity and financial markets.
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Government and industry debate the future of Papua New Guinea’s resources sector

24 Aug 2020 by David James Leave a Comment

When it comes to Papua New Guinea's resources sector, the government wants a better share of the rewards, but the industry is warning that the country is becoming a less attractive destination for investment.
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Making things harder: how manufacturers are adapting to Papua New Guinea’s pandemic trading landscape

24 Aug 2020 by Paul Chai Leave a Comment

Chey Scovell, head of the Papua New Guinea Manufacturers Council, talks to Business Advantage PNG about how his sector is confronting the challenges of the new normal and an uneven playing field.
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Mining lease granted for Mayur Resources’ Papua New Guinea cement and lime project

19 Aug 2020 by Business Advantage PNG 2 Comments

In a development that will give heart to the country's mining sector, Papua New Guinea's government has granted a 20-year mining lease to Mayur Resources’ US$350 million (K1.125 billion) Central Cement and Lime Project in Papua New Guinea's Central Province.
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Papua New Guinea’s budget challenges outlined in two new reports

19 Aug 2020 by David James Leave a Comment

Two new reports have outlined the revenue challenges being faced by Papua New Guinea's government in the face of the COVID-19 pandemic.
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Less queues, more money: Papua New Guinea government land leases go online in ‘game-changing’ move

19 Aug 2020 by Paul Chai 4 Comments

Secretary of the Department of Land and Physical Planning, Benjamin Samson, talks to Business Advantage PNG about how his department's move into e-government might increase revenue and make life easier for business.
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Investors give Misima miner Kingston Resources the tick of approval

17 Aug 2020 by David James 3 Comments

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.
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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 […]

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Papua New Guinea Government moves to take over Porgera lease

Papua New Guinea’s proposed new resources law aims to shake up old ownership models

LNG prices bounce back

Government and industry debate the future of Papua New Guinea’s resources sector

Making things harder: how manufacturers are adapting to Papua New Guinea’s pandemic trading landscape

Mining lease granted for Mayur Resources’ Papua New Guinea cement and lime project

Papua New Guinea’s budget challenges outlined in two new reports

Less queues, more money: Papua New Guinea government land leases go online in ‘game-changing’ move

Investors give Misima miner Kingston Resources the tick of approval

New way to pay: NiuPay drives online payments in Papua New Guinea

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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