Businesses in Morobe Province and Papua New Guinea will benefit immensely from the proposed Wafi-Golpu gold and copper mine, according to business leaders in Lae.
Wafi-Golpu gold mine ‘a boon’ for Morobe Province and Papua New Guinea, say business leaders
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23 Feb 2016 by 8 Comments
‘Robust investment case’ for Papua New Guinea’s Wafi-Golpu gold project, say venture partners
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17 Feb 2016 by Leave a Comment
The latest feasibility study of the proposed Wafi-Golpu copper and gold project confirms ‘a robust investment case-one which supports proceeding with the project’, says joint venture partner.
In brief: BSP to finance PNG Ports’ new facilities at Motukea Island, and other business stories
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2 Dec 2015 by Leave a Comment
PNG Ports secures ‘landmark transaction’ with BSP for Motukea Island facilities, impact of kina’s exchange rate over-valuation analysed, and Harmony Gold confirms Kili Teke copper-gold discovery. Your weekly digest of the latest business news.
Papua New Guinea mining sector: not all bad news
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12 Aug 2015 by 1 Comment
The latest closure of the Ok Tedi mine reminds us that disruptions at major mining operations in Papua New Guinea are nothing new. While the closure is undoubtedly a setback, Business Advantage PNG’s survey of PNG’s other major mines suggests prospects for the mining sector are more positive.
In brief: Moves to reduce internet charges and other business stories
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18 Mar 2015 by 1 Comment
New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.
Wafi-Golpu project set for production by end of decade
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11 Feb 2015 by
The Wafi-Golpu gold-copper project in Morobe Province is a bright spot in an otherwise tight mining environment. The Morobe Mining Joint Venture partners believe it will be one of the world’s lowest cost gold projects, and expects production to begin in 2020.
In brief: the first stage of Lae’s port upgrade is completed, and other business stories
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14 Jan 2015 by
Lae port upgrade reaches milestone, Respol acquires Talisman Energy, and PNG forecast for significant economic growth. Your weekly digest of the latest business news.
Five things we took home from the Papua New Guinea Mining and Petroleum Investment Conference
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3 Dec 2014 by Leave a Comment
In spite of the recent worldwide slump in commodity prices, numbers were strong at this week’s 13th Papua New Guinea Mining and Petroleum Investment Conference in Sydney. Business Advantage PNG examines why.
People moves: PNG Dataco, Ela Motors and Harmony Gold
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5 Mar 2014 by
Dataco board chair and MD appointments, a retirement at Ela Motors and a new Chief Operating Officer for Harmony Gold.
Harmony Gold in US$280 million write-down
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25 Jul 2013 by
Harmony Gold has become the latest gold miner to write-down its Papua New Guinea assets, as a sharp drops in bullion prices force mining companies globally to reassess the profitability of their mines.
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