Ok Tedi Mining has announced strong profits and dividends – important because it accounts for over four per cent of Papua New Guinea’s economy. But the future of the company, which has new shareholders, will depend on finding new reserves beyond the Ok Tedi mine’s projected six-year mine life.
Going strong but for how long? Ok Tedi Mining announces strong profits and dividends
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27 May 2020 by Leave a Comment
Hilton Hotel opening in Port Moresby a ‘key story’ for Papua New Guinea says MD
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13 Nov 2018 by 2 Comments
All eyes this week are on Port Moresby in general and the capital’s new Hilton Hotel in particular. Business Advantage PNG takes a look at the site that will host the APEC Leaders’ Gala Dinner and Cultural Performance.
In brief: Trade Minister says Papua New Guinea will break global trade laws with proposed rice plan, and other business stories
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31 Aug 2016 by Leave a Comment
Trade Minister Maru says he will recommend the government abandon its proposed rice policy, Bougainville landowners want government to hold its BCL shares, and Fiji says there are no bans on PNG imports. Your weekly digest of the latest business news.
Landowner company diversifies
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1 Mar 2012 by 2 Comments
Mineral Resources Star Mountains (MRSM) is Western Province’s own example of the new breed of landowner company playing an increasingly entrepreneurial role in the nation’s economy. MRSM represents the economic and social interests of the Ok Tedi Mine Landowner Groups, on whose land Ok Tedi’s operations are located. As a royalty, they receive 2.5% of […]
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