Business Advantage PNG

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.

Land titles in Papua New Guinea’s breadbasket ‘open gates’ to agriculture investments

Papua New Guinea’s Morobe Province recently issued titles to landowner groups for a small percentage of the fertile Markham Valley. Grow PNG’s David Stewart tells Business Advantage PNG that this has sparked interest from third-party investors in what could become a case study for the development of the country’s agriculture sector.

PanAust plays long game on Papua New Guinea’s Frieda River project

The US$7 billion Frieda River copper-gold project is one of the largest in Papua New Guinea’s development pipeline but may take another decade to come into production. Business Advantage PNG looks into why its developer, PanAust, considers it worth the wait.

Geopolitical tensions leading to increased donor investment in Papua New Guinea and Pacific: Lowy Institute

Pacific countries like Papua New Guinea are increasingly becoming critical grounds for geopolitical competition, leading to higher investment from international partners, particularly in infrastructure, according to the Lowy Institute’s Dr Meg Keen and colleagues.

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

By Nadav Shemer Shlezinger

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.

Papua New Guinea’s 2025 National Budget: what’s in it for business?

By Nadav Shemer Shlezinger

In a repeat of last year, the 2025 Budget delivered by Papua New Guinea Treasurer Ian Ling-Stuckey outlines record spending and revenue. It also contains a few policy surprises, including a proposed reduction to the company tax rate paid by commercial banks as well as easing of a key paperwork requirement for obtaining foreign exchange.

CEO of Anitua landowner group on planning for life after Lihir gold mine

By Andrew Wilkins

Anitua Group is one of PNG’s most prominent landowner companies, providing goods and services to the Lihir gold mine and other parts of the country. Chief Executive Lawrence Rausim speaks about the relationship with new mine owner Newmont and shares how his group is setting its community up for the future.

Four questions with Swire Shipping’s Randy Selvaratnam

By Nadav Shemer Shlezinger

Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.