People moves: executive moves and changes relevant to Papua New Guinea

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New CEO at Air Niugini Simon Foo has been appointed acting Chief Executive Officer of Air Niugini Limited (ANL) following the departure of Wasantha Kumarasiri. Foo is a current ANL board member and a former senior executive with the airline. Former Mining Minister joins Woodlark board Sam Akoitai, Papua New Guinea’s Minister for Mining from 2002 to […]

Mining update: Papua New Guinea defies world trends

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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 […]