Chair of IPBC reportedly sacked, Nautilus confirms CEO and a former ambassador heads up trade division in Trade, Commerce and Industry Department
Nautilus Minerals looks across the Pacific after securing Papua New Guinea undersea mining deal
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30 Apr 2014 by 3 Comments
Canadian mining company Nautilus Minerals will accelerate its range of seabed mining projects across the Pacific, after finally signing a US$120 million (K336 million) agreement with the Papua New Guinea government to develop its Solwara 1 mining project in the Bismarck Sea.
People moves: Ok Tedi Mining, Bemobile, Coppermoly, Nautilus Minerals and more
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25 Sep 2013 by
Big changes at Ok Tedi Mining, the new chair at Bemobile finally takes his seat, a new exploration manager at Coppermoly and board changes at Nautilus.
Support for Papua New Guinea government reforms, but also ‘unease’
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18 Sep 2013 by 1 Comment
While its aims of encouraging small and indigenous business are universally supported, the Papua New Guinea Government’s recent dealings with investors have created a ‘feeling of unease’ in some business circles.
Nautilus Minerals still keen on Solwara I project
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19 Feb 2014 by 1 Comment
Nautilus Minerals intent on deep sea mining, despite cancelling government agreement, says its CEO.
In brief: Four new mining projects in the offing, Corruption Commission next year and other stories
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21 Nov 2013 by
Four new mines to come on stream within 10 years, Corruption Commission next year and other local and regional stories.
In brief: Nautilus Minerals shareholding saga unresolved and other stories
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29 Oct 2013 by
The O’Neill government seeks legal advice on the Nautilus ruling and other local and international stories.
People moves: executive moves and changes relevant to Papua New Guinea
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21 Nov 2012 by
Mohan new Pacific CEO at ANZ Vishnu Mohan, ANZ’s former CEO PNG & Pacific North West Region, who relocated to Fiji earlier this year, is now head of the bank’s Pacific operations, which span 12 countries. ANZ announced in late October that Mohan would take over as CEO Pacific from 1 November 2012, in addition […]
Solomon Islands mining industry bounces back
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1 Feb 2012 by Leave a Comment
While Solomon Islands lies in the mineral-rich Pacific Ring of Fire, its mining sector has yet to mirror the success of Papua New Guinea, the region’s minerals powerhouse. But the obstacles are being removed. Mining in the Solomon Islands reached its nadir in May 2000, when its only gold mine, Gold Ridge on Guadalcanal, was […]
The changing face of investment in Papua New Guinea
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1 May 2011 by Leave a Comment
With PNG expected to grow faster than China in 2011, Business Advantage examines just who is investing in PNG and in what sectors, and asks where the best opportunities lie in the future. ‘We’re at the start of a very long term growth period—the outlook long-term is extraordinary,’ says Rod Mitchell, the joint-CEO of PNG […]
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