Last month, PanAust received key environmental permits connected to its Frieda River copper-gold project. It is now ramping up its work towards a special mining lease, as its project director reveals in this exclusive interview with Business Advantage PNG.
PNG’s topography and seismicity complicate the storing of waste from mine operations. But SRK Consulting’s Ian de Bruyn and Claude Prinsloo believe a new facility planned for Frieda River will be an industry-leading model for tailings management – and renewable power generation.
The US$7 billion Frieda River copper-gold project is one of the largest in Papua New Guinea’s development pipeline but may take another decade to come into production. Business Advantage PNG looks into why its developer, PanAust, considers it worth the wait.
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company’s strategy to consolidate some of Papua New Guinea’s smaller mining projects.
A report on Huawei’s data centre in Papua New Guinea shows it has security vulnerabilities, the Frieda River project gets a no from the East Sepik Provincial Assembly and new internet prices expected this year. The business news you need to kickstart your week.
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.
The global economic crisis triggered by COVID-19 outbreak has increased the urgency for Papua New Guinea to facilitate mining projects, which are the biggest providers of crucial foreign exchange. Business Advantage PNG speaks exclusively PNG’s Mineral Resources Authority about where the sector is heading.
A profile of the mining sector in Papua New Guinea, including mining companies, licenses and leases and tax incentives.
Data centres are gobbling up the world’s electricity, mine dumps to come clean, and growing interest in traceability. Readings from around the world on business, leadership and management.
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