‘Robust investment case’ for Papua New Guinea’s Wafi-Golpu gold project, say venture partners

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The latest feasibility study of the proposed Wafi-Golpu copper and gold project confirms ‘a robust investment case-one which supports proceeding with the project’, says joint venture partner.

In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories

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Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.

Papua New Guinea business getting serious about eliminating gender violence

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There has been a significant change in attitude towards how Papua New Guinea businesses can contribute towards eliminating gender violence in the country in the past year. Business Advantage PNG looks at the innovative program being run by one of country’s leading landowner companies, Anitua.

In brief: PM to launch construction phase of Pacific Marine Industrial Zone project, and other business stories

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Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.

In brief: Woodside Petroleum talks with National Petroleum Co after Oil Search takeover rejected, and other business stories

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Woodside talks to National Petroleum Company, ratings agency expects oil prices to fall further, and illegal logging continues, says Oro Governor, Your weekly digest of the latest business news.

In brief: Highlands Pacific makes nickel discovery at Sewa Bay, and other business stories

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Sewa Bay shows potential for Highlands Pacific, El Nino weather conditions to continue into 2016, and import ban on fruit and vegetables. Your weekly digest of the latest business news.

Papua New Guinea mining sector: not all bad news

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The latest closure of the Ok Tedi mine reminds us that disruptions at major mining operations in Papua New Guinea are nothing new. While the closure is undoubtedly a setback, Business Advantage PNG’s survey of PNG’s other major mines suggests prospects for the mining sector are more positive.

People Moves: Newcrest, Melanesian Trustee Services, New Guinea Energy

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New Directors at Newcrest, a new Chairman at Melanesian Trustee Services, and a new Chairman and interim Managing Director at New Guinea Energy

In brief: mini-budget on the way for Papua New Guinea, and other business stories

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PNG Government likely to prepare mini-budget, Pacific Assurance Group urges Bank of PNG to lift restrictions, and Lihir mine temporarily ceases operations. Your weekly digest of the latest business news.

People moves: Newcrest Mining, Coffee Industry Corporation, new Fiji High Commissioner

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Senior changes at Newcrest Mining, a new acting CEO at the Coffee Industry Corporation and a new Fiji High Commissioner to Papua New Guinea.