Minerals sector enjoys its winnings while industrialised world struggles with debt crises. Papua New Guinea’s minerals sector has been sitting in a sweet spot in the past year, with prices for major commodities rising while much of the industrialised world is in a debt-induced funk. The gold price has risen from lows of $US1320 an […]
Province in Focus: Western Province
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The sky is the limit as Papua New Guinea’s remotest province sets off on a remarkable course of sustainable development. Also unofficially referred to as Fly River Province, PNG’s largest province by area is also one of its least developed. Vast, remote and with a population density of less than two people per square kilometre […]
Frieda River: glittering project on the rise
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When production at the massive Frieda River copper-gold mine begins in 2016, it will launch a projected 30-year-plus phase of potential major returns for Papua New Guinea and for investors. Regarded as one of the world’s top emerging copper-gold projects, Frieda River is owned by Xstrata Copper (81.18%) and Highlands Frieda Limited (18.82%) in joint […]
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