In this exclusive interview with Business Advantage PNG, Port Moresby Chamber of Commerce and Industry President Rio Fiocco, outlines the numerous challenges facing business in Papua New Guinea as 2021 gets under way.
Foreign exchange the ‘number one’ concern for Papua New Guinea business, says Chamber head
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8 Feb 2021 by Leave a Comment
Future of prices for Papua New Guinea’s mining exports look positive, say analysts
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9 Dec 2020 by Leave a Comment
The prospects for the prices of metals Papua New Guinea exports are mostly positive, reports David James from the recent International Mining and Resources Conference.
Cementing their position: Mayur Resources’ big plans for Papua New Guinea
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3 Nov 2020 by 3 Comments
Mayur Resources has just released its annual report, providing an update on its diverse portfolio of mining and energy projects in Papua New Guinea, including the Central Cement and Limestone project.
In brief: Papua New Guinea’s Prime Minister announces major cabinet reshuffle and other business stories
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5 Oct 2020 by 1 Comment
Marape shakes-up his cabinet, environmental studies to be conducted in four mine sites and the National Development Bank signs agreement to help fund SMEs. The business news you need to kickstart your week.
Harder than expected: introducing Papua New Guinea’s new resources laws
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1 Oct 2020 by 1 Comment
The Marape government’s proposed introduction of a new Organic Law for mining, and oil and gas projects will do away with Papua New Guinea’s ‘robust’ legal regime, according to Vaughan Mills, Head of PNG Practice for Corrs, Chambers Westgarth.
Fair share? Papua New Guinea’s move to production sharing in resource projects questioned
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14 Sep 2020 by Leave a Comment
The Papua New Guinea government’s proposal to move to production sharing agreements in resource projects may not solve the government’s financial problems and there is a risk it will harm the country’s reputation for being a good place to invest, according to the industry itself.
Papua New Guinea’s proposed new resources law aims to shake up old ownership models
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31 Aug 2020 by Leave a Comment
A new organic law defining how Papua New Guinea manages resource projects may soon be tabled in Parliament. It appears the main aim will be to change ownership and control of future projects, but will it spook international investors?
Government and industry debate the future of Papua New Guinea’s resources sector
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24 Aug 2020 by Leave a Comment
When it comes to Papua New Guinea’s resources sector, the government wants a better share of the rewards, but the industry is warning that the country is becoming a less attractive destination for investment.
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.
Staking his claim: Kumul Minerals Holdings’ Peter Graham talks exclusively about the mining entity’s future
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5 Aug 2020 by 9 Comments
Peter Graham, Chairman of Papua New Guinea’s state-owned mining company Kumul Minerals Holdings, talks extensively about its plans for the future.
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