The extension project at Lae Port reaches a conclusion, PanAust feasibility study at Freida River on target, National Executive Council endorses PNG Sovereign Wealth Fund. Your weekly digest of the latest business news.
In brief: PNG Ports Corporation completes Lae extension, and other business stories
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In brief: O’Neill declares PNG moving towards a new regime of ‘managed economic growth’ and other business stories.
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A new approach to managing PNG’s economy, Manus Island detention centre to be ‘wound down’, and PNG cricketers turning professional. Your weekly digest of the latest regional business news.
Support for Papua New Guinea government reforms, but also ‘unease’
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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.
People moves: PanAust, Rio Tinto, Indochine Mining, Coppermoly, PNG Forest Products
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PanAust Managing Director stepping down, new board members at Rio Tonto and IndoChine and other senior appointments.
Mining and petroleum in Papua New Guinea face contrasting fortunes, says Chamber head
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Next week’s Papua New Guinea Mining and Petroleum Seminars in Port Moresby will highlight the increasing divergence in fortunes of PNG’s mining and petroleum sectors, according to Greg Anderson, Executive Director of the Papua New Guinea Chamber of Mines and Petroleum.
Analysts welcome PanAust takeover of Frieda River mine project
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The entry of PanAust—a new player in PNG’s mining sector—is good news for the giant Frieda River gold and copper mining project in East Sepik Province. The move has also been welcomed by analysts.
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