Although gross domestic product (GDP) growth halved last year in the Solomon Islands, the Central Bank of the Solomon Islands’ (CBSI) 2012 annual report, released last week, makes encouraging reading.
Harmony/Newcrest to cut costs
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8 May 2013 by
Gold miners Newcrest Mining and Harmony Gold report are reviewing capital expenditure at their two joint venture projects in Papua New Guinea because of weak gold prices.
Around the world: High profile violence/Vodafone in Madrid/mining approval delays/busy Pacific Beat/Greek sell-off
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30 Apr 2013 by
PNG violence, Vodafone in Madrid, PNG criticised for mining delays, the gold crash leads to a gold rush, and much more news from around the world
Mining update: Papua New Guinea defies world trends
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1 May 2012 by Leave a Comment
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 […]
Frieda River: glittering project on the rise
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1 May 2010 by Leave a Comment
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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