Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.
In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories
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4 Feb 2015 by Leave a Comment
Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.
Nautilus targets Solwara 1 production in three years
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30 Jan 2015 by Leave a Comment
After overcoming several delays, development of Nautilus Minerals’ deep sea copper-gold mining project, Solwara 1, has taken significant steps forward in recent months. Business Advantage PNG talks with Nautilus Chief Executive Officer Michael Johnston about the world-first project.
In brief: 25 billion kina of mining investment in Papua New Guinea and other business stories
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3 Dec 2014 by
Over 25 billion kina of mining investments over next decade expected, and New Britain Palm Oil hit by kina’s value. Your weekly digest of the latest business news.
In brief: Crater Gold wins mining licence, and other business stories
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12 Nov 2014 by
Government go ahead for Crater Mountain gold mining, Bank of South Pacific profits rise 16%, study to upgrade Ramu Highway signed. Your weekly digest of the latest business news.
In brief: Government prepares to relocate Moresby port to Motukea Island, and other business stories
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9 Jul 2014 by Leave a Comment
The national government prepares to buy Motukea Port from Curtain Bros, exports of LNG could double in five years and fuel prices fall. Your weekly digest of the latest business news.
In brief: O’Neill seeking review of Ombudsman’s order to freeze Oil Search loan deal, and other business stories
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4 Jun 2014 by Leave a Comment
O’Neill seeks judicial review of Ombudsman’s direction to freeze loan for Oil Search shares, Treasurer predicts annual K10 billion boost from LNG, and food labelling must now be in English. Your weekly digest of the latest business news.
Nautilus project at least two or three years away, even if government pays up
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16 Oct 2013 by
Even if the PNG Government puts up its share of the funds for the Solwara I, as Nautilus Minerals’ CEO expects, it will be at least two to three years before the company can begin its deep sea mining operation in the Bismarck Sea.
In brief: First LNG shipment on board ship this week and other business stories
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15 May 2014 by Leave a Comment
First LNG cargo loaded this week, O’Neill announces inquiry into asset sales by PNGSDP, and more room for mobile phone operators, says NICTA. Your weekly digest of the week’s top business stories.
Nautilus Minerals set to press on after ruling
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9 Oct 2013 by 1 Comment
Nautilus Minerals says it will go ahead with its high grade copper-gold exploration project in the Bismark Sea, after an international arbitrator compelled the PNG government to abide by a joint venture agreement.
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