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Michael Arnett has assumed executive responsibilities at New Guinea Energy Ltd, following the resignation of previous Chief Executive Officer Grant Worner.
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The National Executive Council has confirmed Philip Samar as the Managing Director of the Mineral Resources Authority. Samar has been acting in the position since 2012.
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After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]
In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]
This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]
Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as of 23 December 2024
USD 0.2505
AUD 0.4028
GBP 0.1991
EUR 0.2413
NZD 0.4453
JPY 38.9
SGD 0.3413Source: Bank of PNG
From the Business Advantage blog
THE TIME AS COME FOR PNG GOVT TO SERIOUSLY COSIDER TO LEGISLATE A NEW ACT FOR OUR PRECIOUS AND MOST VALUABLE MINERALS-PNG NATURAL DIAMONDS AND GEMSTONES,IM ONE OF THE SELF THOUGHT PROSPECTOR/GEMOLOGIST,I FOUND PNG NATURAL DIAMONDS IN SOME PARTS OF PAPUA NEW GIUNEA AND MOBILISING ALL OTHER PROSPECTORS IN EAST/WEST SEPIK,WE HAVE REALLY SAMPLES OF THIS MINERALS.IF THE MINERAL RESOURCE AUTHORITY WOULD LIKE TO CONFIRM THIS I HAVE MOBILISED ATOTAL OF 100 PROSPECTORS AND KNOW SITES OF 100% DEPOSIT-WE ARE IN THE PROCESS TO BRING IT TO GOVT ATTENTION, STATEMENT BY JUSTIN.NAMBU CHAIMAN (CEO),KIPES DIAGEMPEL ASSOCIATION OF EAST SEPIK PROVINCE,YET TO REGISTER.