O’Neill not interested in buying Rio Tinto’s 53% of Bougainville Copper Limited, central bank governor warns government to restrain spending, and kina falls against most currencies in September quarter. Your weekly digest of the latest business news.
In brief: O’Neill says Papua New Guinea government has no interest in owning Panguna mine, and other business stories
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13 Jan 2016 by Leave a Comment
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
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23 Sep 2015 by Leave a Comment
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories
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6 May 2015 by Leave a Comment
Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.
In brief: National Petroleum Company prepares to raise investment billions, and other business stories
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15 Apr 2015 by Leave a Comment
National Petroleum Company to appoint a specialist debt-raising adviser for new oil and gas projects, Treasury says public debt above 35% limit and anti-corruption hotline more successful than expected. Your weekly digest of the latest business news.
In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories
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8 Apr 2015 by
Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.
Bougainville Copper maintains inside running on re-opening Panguna mine
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20 Aug 2014 by Leave a Comment
The Bougainville parliament has just passed an interim mining act, paving the way for its troubled Panguna copper mine to re-open. Even though the new act removes the automatic renewal of its lease to continue, Bougainville Copper Limited is still the preferred mine operator, as Kevin McQuillan reports.
In brief: Boost for roads and agriculture, tax review paper released, rubber production halts
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16 Apr 2014 by Leave a Comment
World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.
Bougainville leaders consider lifting exploration moratorium
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9 Jul 2013 by
Bougainville leaders are considering lifting the moratorium on mineral exploration which has been in place since the 1970s, in case the Panguna gold and copper mine does not re-open.
Review: Mr Pip movie confronting and powerful
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11 Nov 2013 by 3 Comments
Bougainville and its people are the stars of the film Mr Pip, which is set against the island’s troubled past.
Bougainville mine could re-open within two years: landowners
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19 Jun 2013 by
The newly-appointed head of the Bougainville landowners group is cautiously optimistic that work to re-open the giant Panguna copper and gold mine could begin within two years.
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