Less than one year after acquiring Papua New Guinea’s largest gold mine, Newmont Corporation is pushing ahead with plans to increase grades and mine life at Lihir. On the eve of finishing his term as Newmont PNG Managing Director, Alwyn Pretorius took Business Advantage PNG inside the transition and shared the plans for the island mine’s future.
Future of prices for Papua New Guinea’s mining exports look positive, say analysts
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9 Dec 2020 by Leave a Comment
The prospects for the prices of metals Papua New Guinea exports are mostly positive, reports David James from the recent International Mining and Resources Conference.
Commodities update: palm oil reverses trend, LNG soars but oil continues to weaken
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28 Oct 2020 by Leave a Comment
LNG prices continue to surge and are now up by over a third this year. But oil prices eased and cocoa prices also fell slightly. Business Advantage PNG’s monthly review of commodity and financial markets.
LNG prices bounce back
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31 Aug 2020 by Leave a Comment
LNG prices have surged clawing back earlier losses, while the oil price is steady and cocoa is also strong: Business Advantage PNG’s monthly overview of commodity and financial markets.
Investors give Misima miner Kingston Resources the tick of approval
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17 Aug 2020 by 3 Comments
Cashed-up Kingston Resources is expecting to complete a pre-feasibility study later this year for the Misima gold project in Papua New Guinea’s Milne Bay Province. With the gold price riding high, investors believe the project is a promising one.
LNG price tumbles further, while gold and cocoa rise
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25 Feb 2020 by 1 Comment
Oil and gas prices both fell this month, with LNG dropping particularly sharply, while gold and cocoa are holding their own in a tough market for commodities.
Oil strong, LNG falls but palm oil jumps sharply [commodities]
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27 Nov 2019 by Leave a Comment
Oil and palm oil prices have strengthened but LNG continues to fall. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
Boardroom briefing: how to delegate successfully, Brexit and metal prices, and Port Moresby’s liveability
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11 Sep 2019 by Leave a Comment
Tips to delegate successfully, Brexit to affect the prices of precious metals, and Port Moresby ranks 135 in the Global Liveability Index. Readings from around the world on business, leadership and management.
Ok Tedi has moved from ‘death row’ to a ‘sweet spot’, says CEO
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12 Jun 2018 by 2 Comments
The Chief Executive of copper and gold producer Ok Tedi Mining, Peter Graham, believes the Papua New Guinean company will enjoy a ‘sweet spot’ in the next few years. He says efficiency gains have substantially improved the mine’s competitiveness.
Junior miners continue to explore in Papua New Guinea, despite difficult market
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18 Oct 2016 by Leave a Comment
While market conditions continue to challenge junior mining companies working in Papua New Guinea, some small mining companies such as Gold Mountain and Frontier Resources are experiencing encouraging results from their exploration programs in the country.
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