New board appointed for the Konebada Petroleum Park Authority, Bougainville Copper Limited sees new CEO and CFO, and a new partner at Dentons.
In brief: Special Economic Zone Summit gathers expertise and other business stories
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8 May 2023 by Leave a Comment
Results of Special Economic Zone (SEZ) Summit expected to help Papua New Guinea develop a new SEZ roadmap, Australia and New Zealand pledge their support to World Bank programs in the Pacific, and Bougainville Copper declares losses for 2022.
Landowners and Bougainville government reach agreement over Panguna copper mine
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11 Feb 2022 by 1 Comment
The prospects for a reopened Panguna copper mine have been boosted by a ‘joint resolution’ signed by landowners and the Autonomous Bougainville Government (ABG).
Joint consultations on the future of Bougainville trigger speculation on the future of Panguna mine
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27 Jan 2021 by 3 Comments
A joint communique issued earlier this month by Papua New Guinea’s Prime Minister James Marape and new Bougainville President Ishmael Toroama has committed them to moderated ‘joint consultations’ over the autonomous region’s desired independence. It has again brought focus on the future of the island’s massive Panguna copper and gold mine.
In brief: China and Papua New Guinea strengthen commercial ties and other business stories
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22 Jun 2020 by Leave a Comment
Papua New Guinea can now export seafood directly to mainland China, the World Bank projects GDP growth in South East Asia and the Pacific region to fall to 0.5 per cent and an agriculture project is set to transform Eastern Highlands province. The news you need to kickstart your week.
Boardroom briefing: the challenges of upgrading an airline fleet, Bougainville boost and designing happy workplaces
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27 Nov 2019 by Leave a Comment
Future-proofing Papua New Guinea’s national airline, the first beneficiary of the Bougainville Referendum, and planning workspaces to help increase productivity. Readings from around the world on business, leadership and management.
In Brief: Bougainville Copper Limited says there is interest in reviving the Panguna Mine and other business stories
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6 May 2019 by Leave a Comment
Nine members of Papua New Guinea’s Parliament resigned from the People’s National of Congress, Bougainville Copper Limited said there is interest to revive the Panguna mine, and rice harvesting commenced at Rangiampun in Umi. Your weekly digest of business news.
In Brief: Oil Search makes gas discovery and other business news
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12 Jun 2018 by 1 Comment
A new gas discovery by Oil Search, special economic zone proposed for West Sepik province and new climate deal inked. Your weekly digest of the latest business news.
Court hearings in Port Moresby and Melbourne over future of Bougainville’s Panguna copper mine
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8 May 2018 by Leave a Comment
A court hearing this week (17 May) in Port Moresby will help determine if there is a judicial review of the Bougainville government’s decision to refuse the extension of an exploration licence for the Panguna copper mine. Also that day, a federal court hearing will be asked to rule on the release of documents showing the relationship between dissident landowners and a Perth-based company seeking exploration rights to Panguna.
In brief: Details of US$500m Credit Suisse loan to Papua New Guinea revealed, and other business stories
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12 Dec 2017 by Leave a Comment
Treasury Minister outlines details of US$500 million loan deal, World Bank commends 2018 Budget, crucial meeting over the future of BCL’s exploration licence. Your weekly digest of the latest business news.
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