What opportunities are there to supply Papua New Guinea’s major mines and what do potential suppliers need to know before attempting to do business in the country’s mining sector? We asked procurement professionals at two of the country’s major mines, Ok Tedi and Porgera, during an online briefing this week.
NICTA clears path for the acquisition of Digicel PNG by Australian telco giant Telstra, Barrick and Papua New Guinea sign new Porgera shareholders’ agreement, and SP Brewery celebrates 70 years in Papua New Guinea. Your round-up of recent business news.
The World Bank has released its economic update on Papua New Guinea, superannuation funds reject bank levy, and SNT Chair says Porgera will reopen next month. The business news you need today.
Papua New Guinea’s State Negotiation Team Chairman says Porgera mine could open in April and confirm the Team is also working on Wafi-Golpu, Air Niugini resumes in-flight catering and the Japanese Government donate funds for infrastructure projects. The news you need today.
Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.
Mineral Resources Authority to prioritise Porgera and Wafi-Golpu, Papua New Guinea’s Forestry Industry struggling, and over K1.4 billion of new road contracts announced. The business news you need today.
A ‘commencement agreement’ has been hailed by Papua New Guinea’s government and Barrick Niugini as a ‘crucial step’ in the process of reopening the country’s largest gold mine. Business Advantage PNG considers what still needs to happen for the mine to return to productivity.
Prime Minister James Marape to visit ExxonMobil’s headquarters, Telikom/bmobile merger to be finalised this month, and delays in Porgera’s reopening. The business news you need today.
Mayur’s Central Lime and Cement project receives Special Economic Zone status, Porgera mine announcement coming on 16 September and COVID cases increase in Papua New Guinea. The business news you need today.
Ok Tedi Mining rolls out its vaccination program, landowners call for the government to move forward Wafi-Golpu and Fishing Industry Association proposes discounts on fishing days. The business news in brief.