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.
Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024
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4 Jun 2024 by Leave a Comment
In brief: Papua New Guinea’s Misima project goes for gold and other business stories
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12 Jul 2022 by Leave a Comment
Kingston Resources announces strategic review of Misima gold project, Digicel takes PNG Government to court as Telstra takes control, and direct flights to Fiji and Solomons return. The business news you need today.
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.
In brief: Kingston to get full ownership of Misima gold project and other business stories
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16 Nov 2019 by Leave a Comment
Kingston Resources Ltd reaches an agreement to buy Pan Pacific Copper out of Misima gold project, Papua New Guinea’s new Minister for Environment and Conservation refutes previous investigations on Ramu Nico’s slurry spillage to the Basamuk, and PNG DataCo predicts a 42 per cent slash in internet prices. Your weekly digest of business news.
In brief: Newcrest announces results and comments on Wafi-Golpu and other business stories
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28 Aug 2019 by Leave a Comment
Newcrest unveils its 2019 results and comments on Wafi-Golpu, Kingston Resources to increase exploration at Misima and the Investment Promotion Authority revisits K1,000 penalty. Your business digest of business news.
People Moves: Click TV, Kingston Resources
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19 Mar 2019 by Leave a Comment
Click TV’s new Board Advisor and a new Exploration Manager at Kingston Resources.
Kingston seeks to reboot gold mining on Papua New Guinea’s Misima Island
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18 Mar 2019 by 3 Comments
Drilling new targets and locating starter pits are the key focus for junior miner Kingston Resources, as it seeks to revive gold mining on Papua New Guinea’s Misima Island. Managing Director Andrew Corbett reveals the company’s plans to Business Advantage PNG.
In brief: APEC means two new public holidays likely, and other business stories
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8 Aug 2018 by Leave a Comment
Mooted public holidays during APEC, Budget support loans from the ADB and World Bank coming, and a new focus on monetising the okari nut. Your weekly digest of the latest business news. The National Executive Council will be discussing proposed public holidays on November 15 and 16 in Port Moresby to cater for the movements […]
Kingston Resources MD says company is looking to extend Misima and develop new sites
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20 Mar 2018 by 2 Comments
Work at the Misima gold project has commenced, with Kingston Resources planning to extend the current resource and develop new mining areas. Kingston Resources Managing Director, Andrew Corbett, tells Business Advantage PNG he expects drilling programs to commence in April.
In brief: KPH and Total to market LNG sales jointly, and other business stories
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13 Feb 2018 by Leave a Comment
Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.
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