Potential expansion plan for Papua New Guinea’s Ramu nickel mine

Welcome,

With strong production numbers and promising drilling results, the Ramu nickel-cobalt mine in Papua New Guinea is heading for a bright future – and expansion is on the cards. Business Advantage PNG talks to its two venture partners as the mine celebrates 10 years of production.

Ramu nickel mine production rises

Welcome,

The Ramu nickel mine in Papua New Guinea’s Madang province had strong first quarter production, according to Nickel 28, the junior partner in the joint venture.

In brief: Papua New Guinea’s Prime Minister announces major cabinet reshuffle and other business stories

Welcome,

Marape shakes-up his cabinet, environmental studies to be conducted in four mine sites and the National Development Bank signs agreement to help fund SMEs. The business news you need to kickstart your week.

In brief:  Ok Tedi to reopen in September and other business stories

Welcome,

Australia’s national cabinet has agreed to reopen its Pacific Labour Scheme, Ok Tedi is confident mine to reopen, and concern over COVID-19 funding. The business news you need to kickstart your week.

In brief: Ramu Nico Mine opens after temporary closure and other business news

Welcome,

Ramu Nico Mine resumes operations, Chile’s president cancels the 2019 APEC Leader’s Week, and Bank South Pacific releases its third quarter results. Your weekly digest of business news.

Papua New Guinea’s Mineral Resource Authority orders closure of Ramu Nickel processing plant

Welcome,

Papua New Guinea’s Mineral Resource Authority has ordered the indefinite closure of Ramu Nickel processing plant operations after it failed to comply with 16 remedial measures issued following a slurry spill into Basamuk Bay on August 24.

In brief: State-owned enterprises told to lift performance and other business stories

Welcome,

Papua New Guinea’s state-owned enterprises given pep-talk by Minister, new Credit Guarantee Corporation to be established and Ramu NiCo sales fall. Your weekly digest of the latest business news.

In brief: US$8 billion Frieda River feasibility study released and other business stories

Welcome,

Feasibility study for Frieda River mine in Sepik Province reveals expanded project, government accounts close this Friday and Pacific nations look to extended their exclusive economic zones. Your weekly digest of the latest business news.

In brief: Ramu NiCo announces K4.8b expansion plans, and other business news

Welcome,

Ramu NiCo announces expansion, Kina Bank celebrates innovation award, and Frieda River Project Accord signed. A weekly digest of the latest business news.

In brief: A PPP venture mooted for Hela Province, and other business news

Welcome,

A PPP agricultural venture mooted for Hela Province, first rice harvest from Morobe farm, and Rami Nicu leading the industry in red laterite development. Your weekly digest of the latest news.