Newmont Corporation’s acquisition of Newcrest Mining, which owns the Lihir gold mine in Papua New Guinea, and is one of the partners in the Wafi-Golpu copper-gold joint venture, is set to be completed in coming days. Business Advantage PNG considers what will happen next.
Newmont to list in Papua New Guinea as Newcrest acquisition is finalised
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25 Oct 2023 by 1 Comment
In brief: Puma Energy foreshadows risk of fuel shortages and other business stories
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19 Jul 2023 by Leave a Comment
Puma Energy head asks for help with foreign exchange to avoid fuel shortages, new World Bank report calls for reforms in PNG, Harbourside South development nears completion. Your business news in brief.
In brief: reforms to grow PNGX announced and other business stories
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5 Jul 2023 by Leave a Comment
Reforms to Papua New Guinea’s capital markets, Securities Commission of PNG to investigate the potential sale of minority stake in Trukai Industries, and Newmont and Newcrest told of government’s expectations. Your news in brief.
People moves: PNGX, ICAC
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5 Jul 2023 by Leave a Comment
New Public Interest Directors at PNGX and Inaugural Directors announced at the PNG Independent Commission Against Corruption (ICAC).
People moves: Ok Tedi Mining, PNGX, Credit Corporation, TISA Community Finance
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11 Apr 2023 by Leave a Comment
Ok Tedi Mining and TISA Community Finance appoint new CEOs, new board members for PNGX and Credit Corporation PNG, while Geopacific Resources has a new interim CEO.
Regulatory overhaul to turbocharge capital market growth in Papua New Guinea
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3 Mar 2023 by Leave a Comment
Proposed amendments to the laws governing Papua New Guinea’s capital markets aim to open up the market to more ways of raising capital and strengthen governance in the sector.
Regulator approval paves the way for corporate bond market in Papua New Guinea
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14 Sep 2022 by 1 Comment
In what may be the most significant innovation in Papua New Guinea’s capital markets since the establishment of a local stock exchange, the PNGX has announced Securities Commission approval for its new Debt Market Rules. The approval paves the way for the establishment of a corporate bond market.
Papua New Guinea’s stock exchange looks to blockchain
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22 Jun 2022 by 2 Comments
The prospect of instantaneous settlements on Papua New Guinea’s stock exchange, PNGX, has moved a little closer with a new agreement to explore blockchain technology to support its trading system. PNGX Chairman David Lawrence tells Business Advantage PNG the technology could ‘turbocharge’ PNG’s capital markets.
In brief: PNGX partners with IFC and other business stories
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18 May 2022 by Leave a Comment
Papua New Guinea’s national stock exchange partners with the International Finance Corporation (IFC), Prime Minister Marape calls for peace and order during the elections, and Telikom PNG warns about disruptions in services.
What are Papua New Guinea’s best-performing listed companies?
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4 Apr 2022 by 1 Comment
With the reporting season for the 2021 financial year in Papua New Guinea over, which of Papua New Guinea’s listed companies performed the best last year? Analysis from stockbroker JMP Securities tells us, and also gives us a unique view on how the market has performed over the past year.
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