Highlands Pacific shifts strategy to focus on controlling projects in Papua New Guinea

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Highlands Pacific is expanding its focus from large projects and exploration, to controlling interests in smaller projects offering near term returns. Highlands Pacific Managing Director, Craig Lennon, tells Business Advantage PNG it is a response to market changes.

Papua New Guinea’s resources sector still has some ‘bright stars’, says Anderson

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Times are undoubtedly tough in Papua New Guinea’s mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG there are still ‘bright stars’ to get excited about.

In brief: Oil Search fends off takeover offer after Woodside shelves bid, and other business stories

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Woodside drops takeover bid for Oil Search, coffee pulper machine installed for smallholders in Jiwaka Province, and market conditions force Hides Gas Development Company to cut workforce. Your weekly digest of the latest business news.

Papua New Guinea mining and petroleum conference to emphasise need for stability: Chamber

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Regulatory stability, and how industry and Government can work together to deliver ‘shared benefits’ will be key themes of next week’s Papua New Guinea Mining and Petroleum Seminar in Port Moresby, according to PNG Chamber of Mines and Petroleum Executive Director, Greg Anderson.

In brief: Hope that SABLs leases will be return to landowners soon, and other business stories

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Chief Secretary indicates SABL leases will be returned soon, and Woodside CEO says Oil Search bid his ‘full price’. Your weekly digest of the latest business news.

Bright spots, but challenges remain for Papua New Guinea’s mining sector

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Despite some positive developments for the mining sector in Papua New Guinea, the industry continues to face funding challenges for critical exploration activity, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG.

Highlands Pacific continues unique path to Papua New Guinea mining success

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In the challenging environment facing Papua New Guinea’s mining industry, Highlands Pacific is standing out as a bright spot, after starting its Star Mountain exploration campaign with mining giant Anglo American. Business Advantage PNG talks with Managing Director John Gooding.

In brief: PNG Ports seeks interest for design and construction of Motukea Island wharf, and other business stories

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Motukea Island Port project expressions of interest called for, PM dismisses ‘secret deals’ with Rio Tinto, and Star Mountains project JV launches exploration campaign. Your weekly digest of the latest business news.

In brief: Air Niugini expands services with Melanesian partnership, and other business stories

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Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.

In brief: PNG LNG project reaches ‘financial completion’, and other business stories

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PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.