Bank South Pacific (BSP) appoints a Group Chief Financial Officer, Nasfund welcomes a Chief Officer Members Services, Coca-Cola Amatil gets a new Group CFO, an Acting Director for Legal Training Institute, Ok Tedi Mining appoints a new head and Kumul Mineral Holdings elects a Chairman and Acting Managing Director.
People moves: BSP, Coca-Cola Amatil, Nasfund, Legal Training Institute, Ok Tedi, Kumul Mineral Holdings
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3 Jun 2020 by Leave a Comment
Changes to Papua New Guinea’s Mining Act ‘imminent’
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28 Aug 2019 by Leave a Comment
Proposed changes to the Mining Act are likely to go to Papua New Guinea’s Cabinet ‘in the next few weeks,’ according to Peter Graham, Managing Director of Ok Tedi Mining.
Ok Tedi ramping up exploration
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15 Feb 2019 by Leave a Comment
With only 10 years of estimated current mine life, Ok Tedi Mining is working hard to optimise production and maximise profit at Papua New Guinea’s largest copper mine, says CEO Peter Graham.
MOU signed for Wafi-Golpu copper-gold mine in Papua New Guinea
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21 Dec 2018 by 2 Comments
Developers Newcrest Mining and Harmony Gold have signed a memorandum of understanding with the Papua New Guinea Government for the development of the Wafi-Golpu copper-gold mine in PNG’s Morobe Province. While the MOU indicates negotiations are proceeding well, there is still plenty of work to be done before the project gets a green light from government, local communities and investors.
Papua New Guinea mining rates ahead of several Australian states for attractiveness
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24 Jul 2018 by 1 Comment
Research by the Fraser Institute shows that Papua New Guinea rates ahead of several Australian states for attractiveness for mining investment. Gavin Wendt, Founding Director of resource analyst Minelife, says statements from Kumul Mineral Holdings’ Chairman Peter Graham that it will invest in upcoming projects are also a positive for foreign investors.
‘Unshackled’ Bougainville Copper reveals strategy for re-opening Panguna mine on Bougainville
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15 Mar 2017 by Leave a Comment
If the giant Panguna copper mine on Bougainville is ever to re-open, many complex problems must be solved, including the status of the former miner, Bougainville Copper Limited (BCL). In this exclusive interview with Business Advantage PNG, BCL Chairman Rob Burns outlines its strategy to return to mining.
People moves: Norton Rose Fulbright
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29 Nov 2016 by Leave a Comment
Law firm appoints Principal to new office in Port Moresby.
People moves: Kumul Minerals, Ernst & Young, Nautilus Minerals, Clarke Energy
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18 Oct 2016 by Leave a Comment
A new chairman at Kumul Minerals, a new tax partner at Ernst & Young, Nautilus Minerals appoints a new Company Secretary, Clarke Energy appoints its first PNG Sales Manager
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
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23 Sep 2015 by Leave a Comment
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
Kumul restructure to be complete by start of 2016: Prime Minister O’Neill
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19 Aug 2015 by Leave a Comment
Following the passage of enabling legislation in the last sitting of Papua New Guinea’s National Parliament, the long-awaiting restructure of state assets and enterprises under the Kumul name is set begin, with Prime Minister O’Neill setting a target of 1 January 2016 for the transfer of state assets to their new homes.
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