Features

St Barbara ‘accelerates’ plans to extend Simberi mine life to 2036

The operator of PNG’s Simberi gold mine is aiming to extend the mine’s life by at least 10 years and triple annual production. In an exclusive interview with Business Advantage PNG, St Barbara’s CEO Andrew Strelein outlines how his company is expediting these plans, including a deal to sell a minority share in the mine to Kumul Minerals.

Papua New Guinea’s unique mine tailings opportunity

PNG’s topography and seismicity complicate the storing of waste from mine operations. But SRK Consulting’s Ian de Bruyn and Claude Prinsloo believe a new facility planned for Frieda River will be an industry-leading model for tailings management – and renewable power generation.

Expansion on cards for Papua New Guinea’s only nickel-cobalt mine

A planned expansion of the Ramu nickel-cobalt mine in Papua New Guinea’s Madang Province is “still definitely on the cards”, according to Craig Lennon, Head of Asia-Pacific for the mine’s joint-venture partner, Nickel 28.

Ok Tedi eyeing extension of mine life to 2050

Kumul Minerals is planning a bright future for Ok Tedi, PNG’s oldest and largest producing mine. Managing Director Sarimu Kanu shares the plans with Business Advantage PNG.

Juniors look to lead mineral exploration turnaround in Papua New Guinea

Spending on mineral exploration in Papua New Guinea has plummeted in the past five years, according to the country’s Mineral Resources Authority. But juniors such as Canterbury Resources and Adyton Resources believe they have found the way forward.

Latest news

Greylisting: what it could mean for Papua New Guinea’s banks and their customers

Late in 2024, a 226-page report by the global Financial Action Task Force was quietly published online that may, according to the experts, have a significant impact on Papua New Guinea’s banking and finance system. Business Advantage PNG takes a closer look.

Five things we learnt at Papua New Guinea Investment Week in Sydney

The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.

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Interviews

New Digicel PNG CEO on growth plans for Papua New Guinea’s largest telco

Tarik Boudiaf became CEO of Digicel PNG in July 2024, crossing over from an executive position within the African market. In this interview with Business Advantage PNG, he shares how Digicel plans to serve business customers, and his thoughts on PNG’s regulatory environment and potential competition from Starlink.

TISA Group CEO on growth plans for newly licenced bank

The Teachers Savings and Loan Society (TISA) was granted a commercial banking licence by the Bank of Papua New Guinea in 2024. TISA Group CEO Michael Koisen shares the new bank’s growth plans in an exclusive interview with Business Advantage PNG.

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Editorial

Editorial: How is business confidence in Papua New Guinea leading into 2025?

The past year has been a challenging one for Papua New Guinea’s major businesses but, as we are learning from our own conversations with them, they are nevertheless proving remarkably resilient. Now, all eyes are again focused on the next wave of resources investments.

Economy/investment

2025: what can Papua New Guinea business expect from the year ahead?

LNG, forex and fuel supply remain in focus, while new listings and privatisation are on the agenda. Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.

Read more economy/investment...

Opinion and analysis

Analysis: Mobile internet prices remained stable in Papua New Guinea in 2024

Mobile internet prices were stable in PNG in 2024, with the country’s three mobile network operators making only minor changes to some offerings, according to the latest data analysis from a team of Australian and Papua New Guinean researchers who monitor the market.

Read more opinion/analysis


People moves

People moves: BSP, Pacific Trade Invest Australia, K92 Mining

New CFO for BSP, new Trade Commissioner for Pacific Trade Invest Australia, key management changes for K92 Mining.

More People Moves ...

LIfestyle

Airileke: A new album, activism and the unique sounds of Papua New Guinea

A PNG-Australian music powerhouse blends new styles with traditional instruments and powerful social themes, writes Belinda Jackson.

More PNG lifestyle articles

Latest News

Greylisting: what it could mean for Papua New Guinea’s banks and their customers

Late in 2024, a 226-page report by the global Financial Action Task Force was quietly published online that may, according to the experts, have a significant impact on Papua New Guinea’s banking and finance system. Business Advantage PNG takes a closer look.

Five things we learnt at Papua New Guinea Investment Week in Sydney

The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.

Features

St Barbara ‘accelerates’ plans to extend Simberi mine life to 2036

The operator of PNG’s Simberi gold mine is aiming to extend the mine’s life by at least 10 years and triple annual production. In an exclusive interview with Business Advantage PNG, St Barbara’s CEO Andrew Strelein outlines how his company is expediting these plans, including a deal to sell a minority share in the mine to Kumul Minerals.

Opinion

Analysis: Mobile internet prices remained stable in Papua New Guinea in 2024

Mobile internet prices were stable in PNG in 2024, with the country’s three mobile network operators making only minor changes to some offerings, according to the latest data analysis from a team of Australian and Papua New Guinean researchers who monitor the market.